bw this week has a story about the water crisis in california and how it is affecting gtowth of food. it is wotrh reading. some say there will be 20 swro plants needed there. san diego has the worst water shortage in 100 years.
let all be patient on the time it takes to make a proposal. the er engineers have to visit the plant site, they have to have informative meeting with the chemical engineers. they have to study the drawing of the existing layout of piping and pumps, then decide on how to implement the retrofit into the design. develop new drawings for the chemical engineer to review, perhaps make changes and all this has to be presented to upper mgt of the plant for ok. how big a staff er has to do this on a quick turnover basis is not revealed but I suspect it is not many. so all this will take time. I wish I had brought this point up on a cc but just thought about it. I will do so next time. this may be a weak point in the time cycle.
I am still convinced there is a product that will be successful in o&g. rooney cannot afford to lie about the results of these products. his entire future is at stake. so far all he says makes sence to me as an engineer that has dealt with the oil industry. anything new is introduced at a snales pace because of the risk of shutdown if its fails. I dont know your background but what is your stake in this. don't give the line about doing us all a service because I believe you are a big short. I expect we will not see any meaningful sales until 2015, meanwhile, no one can change the pace of the o&g industry in how it operates. what he has said about downtime in their plants is true. next, the product testing is there for all to see. I don't see any field test locations rebutting rooneys claims so I must conclude all is going as planned. since all the o&g processors compete against each other, none reveals what their intentions are.
I don't see what rooney can say that is more forward looking in orders or whatever if there is a random buying of their products by mega installations. better to say nothing and wait for events to happen. I have more belief in his words than yours because so far you have not demonstrated any review or study of the products but just bad mouth. this is the last reply to any of your comments because they have don't been of any substance.
listen to the cc. i dont think you have thought this one out very well give some concrete fact on why their transition to o&g will not succeed. the rational of their product offererings is compelling especially since there is proven success. patience will reward.
listen to the cc. there is discussion of the realized decrease in processing by some of the trial users. this could have a sea change in demand if true because decrease in downtime means big savings beside energy. a white paper is supposed to be coming.
again, if you don't have the confidence to see this forward shut up. you have said noting of substance ever.
project orders may come in for an entire build at once. the unit sit until they are needed. end of story until the next big mega project. if they don't deliver soon on the o&g, I will be gone on the next big order cycle. projects are too few and far between to be of stable impact to this business
they have to show some positive proposal activity in the cc or else this stock is just a loser. they never have been able to make money on their energy devices so this is the last dance. it has to come soon or else the big money will put this down to $1 . it could be that the oil and gas processors are making so much money they could care less about energy savings.
they have a new market to penetrate, and its all done by proposals, not by selling off the shelf lines. this whole process will take time and many on this posting are highly impatient. if one cannot be patient buy some etf or other stock
mgt had better be sharp on this conference. it is crucial to their future. I hope this coing cc addresses this subject in depth and how present proposals fro o&g are in progress
mgt has often said we did not price our px products correctly. now htey have so much of the business cant this be corrected, expecially when theirs is porportedly better. the industry studies have indicated there is potential for triple current volumes by 2019., and yet when do all these startups begin. mgt has bee silent on this , i think. i am in this for the o&g potential and this will take time as each proposal has to be designed into an existing processing plant. a costly and time consuming process. in the meantime the market is frothy. i expect there will be more downside coming in any correction if there is such correction and erii still presents a better buy from o&g. i will be a buyer.. this entire investment has not been very confident for me becasue of all the failed promises. i dont expect to see big profit from px unless something big changes.
there are only two kinds of players here. the longs who believe this co has a future and the shorts who rant that the end is near. he should rename himself as shorty.
the balance sheet has $84,000,000 in equity. you should have checked out this first before making such statements. do your dd.
time for you to d up on a short. more to cover when the orders come in. are you saying all their new products will be a failure when any read of their white papers says differently. I can wait for more shorts. more to cover soon.
I don't expect to see many new orders from this segment yet because proposals have to go out and be decided upon by each processor. this will take time, so lets all be patient the best we can hope for is some more selling as a buying opportunity. remember no one has this product on the market.
as a short you are gambling that this new product line will fail and that the growth in swro orders estimated to triple by 2019 be a bust. what is your basis. so far you have said nothing.
for those who doubt the capabilities of erii in o&g why not review their white papers on the subjects. I am sure potential buyer will do so. in fact the process engineers at each o&g plant can see by facts presented. a very complete review of each process.
there is only one problem .your lack of analysis. first, check out the studies done by the swro industry growth is expected to triple by 2019. now to your second conclusion. the api and gas industry goes by what products are certified as to quality, reliability and functionality. larger co are not the rule here at all. I know because I have worked in oil service activities in the past. its who has the best product line and can deliver on schedule at the right price. is there another product for o&g that does the job here. let me know what it is.