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Heckmann Corporation Message Board

skrutt24 991 posts  |  Last Activity: 11 hours ago Member since: Jan 9, 2013
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  • 4 directors and one officer buy shares on 11-26-14
    David Greenwald 81k shares @ .33
    Karl Sietz 128 shares @ .33
    Olivia Farr 78k @ .33
    William McCartney 78k @ .33
    William Brennan 46k @ .33

    Obviously legal gave them the green light. So perhaps all near term big news has been disclosed?

  • They inked an agreement today for Nuverra to install 150 miles of pipelines to deliver fresh water and return produced and flowback water for disposal and recycling. Abtech needs to get its mobile units at the end of a few of these pipelines at recycling centers. Side note...Nuverra's CEO purchased 50k shares of his own company's stock just days before this announcement. Apparently his company's legal team was not contacted before this purchase or has a different interpretation of what insider information is. Will be interesting to see if anything comes of that.

  • skrutt24 skrutt24 Nov 25, 2014 1:52 PM Flag

    I think 2-5% tops. Just a guess but I only see Abtech's role as providing some engineering, and whatever amount of vaults systems or ultra urban filters. Keep in mind some of these "filtration devices" as was described could consist of retention ponds, permeated asphalt paving or other types of greenscaping which would filter the runoff through the ground. Abtech never discussed revenue potential with this partnership.

  • skrutt24 skrutt24 Nov 24, 2014 9:33 PM Flag

    I'm guessing thats the overall estimate for the entire project including engineering, pipe installations etc... There were 255 ultra urban filters installed in Easton earlier this summer per the local news article posted on Abtech's Facebook page for a total cost of 67k. This amounts to approx $250 per unit. I'm guessing most of those filters would be UUFs but there may be some vaults or other type systems figured in there as well.

  • skrutt24 skrutt24 Nov 24, 2014 6:52 PM Flag

    "Filtration devices"...hmmmm

  • skrutt24 skrutt24 Nov 21, 2014 1:53 PM Flag

    Looks like Naylor sells a product called smart gulley which looks similar to a 5 gallon bucket/basin with a three or four inch outlet near the top which would then flow into a pipe. Attached to the outlet on the interior of the basin is a cartridge like housing that contains the smart sponge. The media space doesn't look more than 5"x 5" in size. View it yourself on the Naylor Drainage webpage. Hit the Plastic Drainage link, then hit the Naylor Smart Gulley link in the text description.

  • skrutt24 skrutt24 Nov 21, 2014 12:53 PM Flag

    good point...interesting that no PR has come from Abtech though.

  • Reply to

    FIRST FROST! HIBERNATION

    by retiredarmyjoe Nov 18, 2014 6:28 PM
    skrutt24 skrutt24 Nov 19, 2014 7:05 AM Flag

    They have been playing the "too much information known by insiders" card for almost a year now as a reason they haven't been able to buy their own shares. That information has to be regarding something in the Oil & Gas space in my opinion, and more importantly, they think they have the time not to rush into a deal for the sake of getting a deal done. They don't appear to be concerned despite their financial condition. They certainly think they have the tiger by the tail despite their track record to date. I remain cautiously optimistic but hope something happens soon.

  • Reply to

    FIRST FROST! HIBERNATION

    by retiredarmyjoe Nov 18, 2014 6:28 PM
    skrutt24 skrutt24 Nov 18, 2014 8:17 PM Flag

    They continue to bat 1.000 but not in a good way. The 10Q states that they are no longer actively using resources to pursue any Deisel Pure sales. I think we knew this already but there it is officially in print. Abtech's claims of a new distribution relationship in the UK pending that company's board approval, which co-incidentally was happening Friday afternoon according to Rink, which co-incidentally would have been occurring at the same time as Abtech's conference call due to the time difference, seems to be too convenient. It reminds me of the call a year ago when they stated the mobile treatment unit had been deployed that very week of the call only to find it wasn't deployed until the following March. And yet...I'm still here. No one to blame but myself I guess.
    Doesn't look like Friday's late rally had anything to do with insiders buying. We would have seen something by now I believe.
    I guess we should feel confident that they aren't in any hurry to choose a distributor for their mobile treatment unit yet? Do they think time is on their side? They seem to think so.

  • Reply to

    So much potential. Will it be realized?

    by truthbetold8888 Nov 14, 2014 7:19 PM
    skrutt24 skrutt24 Nov 15, 2014 3:17 PM Flag

    Many more on the sidelines just waiting for that one compelling reason to follow along.

  • Reply to

    So much potential. Will it be realized?

    by truthbetold8888 Nov 14, 2014 7:19 PM
    skrutt24 skrutt24 Nov 15, 2014 7:10 AM Flag

    When it finally breaks it will break quickly...It just may not happen for several more months. In my opinion, we are not going to be concerned about Nassau by the time that project is finished, because some other agreement of significance will make that a distant memory before it becomes an actual memory . Once that first consistent revenue stream from either the landfill or oil and gas gets done all brakes are off. There are many people far more experienced to predict this sort of a scenario but I think this company will be a legit takeover target in the next 3 yrs. I wish I were only discovering this company now at these prices.

  • skrutt24 skrutt24 Nov 13, 2014 10:39 AM Flag

    Its good news...but I for one hope we soon get past the need for case studies to convince potential end users of the products success in storm water filtration. When the need for case studies in storm water applications ceases we'll know we've turned a corner. I definitely understand the need for individual trials in industrial waste water treatment as each application may have unique circumstances. I will say I was surprised to learn how much weight in hydrocarbons one UUF can remove before being spent. Impressive.

  • Reply to

    The con artist is Mako

    by truthbetold8888 Nov 5, 2014 9:45 AM
    skrutt24 skrutt24 Nov 5, 2014 10:04 AM Flag

    I purchased some Martha Stuart brand towels once. Does that make me guilty of insider trading?

  • skrutt24 skrutt24 Nov 3, 2014 4:16 PM Flag

    My understanding is that Abtech is working in the vicinity of Bay Park sewer treatment plant in Bay Park on the East Rockaway Channel. Satellite imaging shows this is about 4 miles northwest of Jones Beach. Construction should be midway to very far along if they intend to meet their timeline of finishing before the frost sets in.

  • skrutt24 skrutt24 Nov 1, 2014 9:21 AM Flag

    So looking over the link you provided and comparing that to the Nassau release published on youtube...The work Abtech is currently doing is taking place at the Bay Park Sewerage Treatment plant. 97mil additional has been allocated to Bay Park according to that link, to expedite the repairs. A portion of this is most likely part of the "expansion" Abtech claims could take place. The other funding allocated for the four projects in Suffolk County could also provide an opportunity for Abtech as at least one of those communities (Babylon) is familiar with and has employed the use of SmartSponge in the past. I suspect we will be hearing more about this on the next conference call in a few weeks.

  • skrutt24 skrutt24 Oct 9, 2014 7:58 AM Flag

    Just because an employee is unaware of Clean Harbors does not mean management is unaware of them. It would appear on the surface that Clean Harbors could most definitely use the SmartSponge product for many of its service applications.

    Waste Management aside...a year or more past there was also 4 teaming agreements made with companies that are involved in the oil services business and nothing has appeared to ever come of those agreements. Certainly no significant sales anyway.

    There have been many opportunities that Abtech has created for itself but for one reason or another the follow through has not been non-existent or insubstantial. In other words strong connections have been made but nothing ever seems to come of it. They seem to have the right doors opening for them and some good media exposure at times, but the expense of the product is the only thing I can think of that is not allowing these deals and agreements to be fostered.

  • skrutt24 skrutt24 Oct 8, 2014 10:39 PM Flag

    Its definitely the area...the treatment plant is adjacent to the park and mentioned as a side note, but this work to the park must be independent IMO.

  • Reply to

    Mako or Chardan, you decide

    by truthbetold8888 Oct 6, 2014 9:42 PM
    skrutt24 skrutt24 Oct 8, 2014 5:23 PM Flag

    I've always felt that if just one of the irons they claim to have in the fire pans out then this is a winner. One of the officers candidly proclaimed at one point that they felt Abtech had no competition...basically saying that their product had no equal. Personally, I believe that to be mostly true....but there appears as of this moment still, there is yet to be a compelling reason for oil service co.'s or municipalities or industrial waste co.'s. to see the benefit.

    Why?

  • Reply to

    Matt T.

    by skrutt24 Oct 7, 2014 9:22 PM
    skrutt24 skrutt24 Oct 8, 2014 7:14 AM Flag

    I did not expect the answer to be a simple one, it is very complex and layered. Thanks for your reply.

  • skrutt24 by skrutt24 Oct 7, 2014 9:22 PM Flag

    Matt thanks for your information. My question to you would be what information is the EPA requesting or would need for Abtech to provide regarding the product to finally sign off on the SmartSponge, and why is Abtech having such a problem providing it and putting this issue to rest once and for all. Also, is this problem a factor in the UK as well? There has been little or no mention of the previously discussed potential opportunities overseas despite the EU's mandate of bodies of water meeting a "good" status by 2014, and the landfill opportunities that have been discussed for literally years now had no significant mention on the previous quarters conference call. ???

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