Do you think that something is going on? And they just aren't telling?
Or, there is nothing going on to tell about?
The 8K filing was a good time to give some info if there was anything going on.
I am confident that they would have given it out if they had something to say.
The size of the loan tells you what is going on.
You can't do any work without money to buy the equipment.
$240,000 is just "keep the lights" on money.
A poster yesterday said I was "gloom and doom"
Anyone...give me a positive and we will talk about it.
Waiting a response....
Do you need any more proof about what I said?
Deleting the post and then reposting the same self-serving post.
Join with me in putting that ID and all others on ignore
Replies and conversation is what the poster seeks.
Make this board better by "ignore"
Will you agree?
Look at this guys' posting history...
He has a lot of accidents.
He found every stock that starts with the letter "E" by accident... in that SPAM letter.
He is that poster,
You really don't think someone else would be saying all that, do you?
Look at the writing style.
The TMEN unit was not designed for fracing. They took a system made for removing metals or distillates and tweaked it a little and added a frac name. How does that make it viable?
They tested it in the oil field and made 65 barrels of bottled water.
The units boil every drop of water...that is ridiculous for frac water.
If you knew anything about electricity, water treatment, and fracing, you would understand what I am saying.
You could explain why they would use a TMEN unit...
That will be the day that someone here explains anything.
All of you just attack people and call names.
Do any of you have any education or training in any of this?
If the Fracgen technology is viable...why has not a single deal been signed in two years?
Why has no one tried to buy the company? The market cap in not even a million.
A big oil company could buy it with petty cash.
the reason...the tech is not suitable...distilled water is not needed for fracing.
You need to learn too. There is no viable tech here. Trump and Empire were fooled also.
They are down millions and will never get any back.
There will be no rewards here for anyone.
What business do you think TMEN can get?
Certainly not fracing business.
It is just a sad situation for all.
Stock do not recover from sub-penny prices.
Sentiment is very low toward gold. Some see it as a contrarian indicator.
Do a search on the title of maybe copy and paste the url below if this does not get deleted.
Good article today....
...that at least three shareholders here have said they have no problem with TMEN not filing their 10Q.
I see numerous problems.
1)They will go on the pink sheets and a market maker will be required to file a form (211, I think) and pay a fee to even allow trading the stock.
2) How will you know what is going on with the company without filing requirements, they waited two months to tell about the finance deal, they are not PR friendly
3) You won't even know what service/repair money came in
4) A non-filing company has fewer possible lenders to fund them
5)They could have filed the 10Q with minimal effort...take the last one and change a few numbers.
If they don't inform the shareholders about a loan(2 months ago) that kept the lights on, or the reduction of staff ...how can you expect any information from them?
They $240,000 loan was about two months ago and is now past due.
That money must be gone now...how far would $240,00 go?
I answered your questions with no insults or name calling.
I used the best knowledge I had at disposal.
I am stumped about the $240,000
The only thing I can come up with is that TMEN asked Trump and Empire for enough money to keep the lights on for a few months to see if certain deals would be signed.
If deals are signed, much more money would be needed to build out any units. I calculate they would need $14 million for sustainability allow with continuing contracts. Since Fracgen is not suitable for fracing I find that problematic. The expense of distilled water is not needed for fracing.
Why do you doubt the five employee number?
In the filing about the loan they said they had reduced staffing.
Well, If you are gay, you are confused...no doubt about it.
I actually thought of selling some shares when it hit $34.50...I wish I had followed through.
I hope for a dividend increase some day soon.
They cut the dividend from .03333 a month...or 10 cents a quarter down to 3 cents total, only paying quarterly.
40 cents a year down to 12 cents a year
I say that the problem with TMEN in not signing deals is the techs are not suitable. Distilled water is beyond what is needed for fracing and it is too expensive.
investorchicago_66_upa says the problem is time. That new techs require time to be accepted. The demo way over a year ago. Does it take more than a year?
He does not say how long...just more time. What is an oil company doing during that year? Are they thinking about the techs every day? Are they looking for other techs to compare with it? A few million to a large oil company is not much. I can not see them waiting because of the cost, can you?
Can any one tell me what the oil companies are doing during this time that investorchicago_66_upa says that it takes time...time to do what?
That is a fair question.
I doubt there will be any answers...that takes thought.
It took thought to pose this question...can anyone here think of a reason...it takes this much time?
I do not need to be over on the CCTC board. You are over there to bash.
I am needed here for the same reason you post over thereat CCTC.
I had not posted for a week here. Then, tmen_arp_zebs posted a personal attack against me.
Tell me what injustice I have done here?
Have I called names?
have I lied?
Have I even been wrong?
I do understand TMEN's business and their techs.
I have been here posting longer than anyone with a current ID.
I have been posting here since 2004 or 2005
I am not a late comer here, attacking a sinking ship.
I have talked about this company for years. I have posted news and articles and found valuable information. It is not my fault that TMEN can not do business.
I have not cost anyone money...TMEN has.
I could have saved people money. It is not like you can't buy back in at a later date.
I have stated my opinion on the techs
I have stated what Mr. Wood said
I have stated what the chief engineer said.
All three agree the techs are not needed in the oil field.
You just don't get it.
God himself could say that the oil companies must recycle and reuse their frac water and it would not help TMEN.
Distilled water is not needed for fracing and the reject rate is too high. That is very inefficient. they require too much electricity, manpower and operating personnel.
SWTS saw that TMEN's tech were not viable and went out and found useable techs.
All the big companies have their own techs to use and to sell to others.
Remember the 10-24 week lead time Who will wait for that? Now, they have no workers.
I can not understand what you are seeing here.
You are border-line delusional about this company.
They took a unit and slapped a slick name
"Fracgen" took it out in the oil field and made bottled water.
Then you, somehow think the company has something viable.
They do not. Bottled water is not needed to frac wells.
It has been two years. How long would you say it takes?
I say the techs are not suitable for fracing.
You do not need the expense of distilled water to frac wells. Then there is still a 30-40% reject rate...that is very inefficient.
Do you think the techs viable in the oil business?
It is not a "time" problem, it is a "tech" problem.
Independently audited (for about the third time) and verified to the extent of meeting the Nasdaq requirements and satisfying them.