don't you read their sec filings, they've sold shares since then. they also haven't filed the Q1 10Q which they said they would by now if i remember correctly. sorry, had to comment, best of luck.
OriginOil Inc. OOIL, developer of Electro Water Separation™ (EWS), the high-speed, chemical-free process to clean up large quantities of produced and frack flowback water, and STW Resources Holding Corp. STWS, an integrated provider of oilfield and water management services, jointly announced today plans to demonstrate OriginOil’s CLEAN-FRAC™ solution at a disposal well site in the Permian Basin to STW’s customers in the Permian and Eagle Ford regions.
kind of a snoozer for me, could have been better imho, especially how harshbarger described competition but based on the presentation the main message is they should be growing top and bottom line and they don't have to chase every low margin deal. my impression is they go after the big fish. they are talking to meat processors in europe, asia including OEM's and antimicrobial chemical mfg's to incorporate/sell their spray systems. U.S. meat customer happy but didn't name them. ENGLE seemed to have the most enthusiasm.
Wouldn't hurt to get some professional IR advice but can't complain too much at 1.26 and looks like going higher.
Do your own DD.
thanks for your opinion. curious as how they are funding a low profit deal like this, they just sold a bunch of shares for .10. they mentioned non-dilutive project funding in the cc but easier said than done.
whomever is buying is nuts or knows something, i think it's the latter of course. could be the fund that just bought 5%, another fund, whatever. sellers are likely those that have held a long time, yourself included, and are happy with a pretty decent gain.
hopefully some news before the shareholder meeting.
kind of expected that after his puny last sale. wish they paid him more so he wouldn't need to sell stock.
so we have harshbarger, riemer and engle who haven't reported sales. harshbarger last sold in 2005 at prices over 1.70, at that time sales were miniscule but they were growing faster and irrational exhuberance occurred.
interesting they are webcasting shareholder meeting for the first time.
those slides are now in a presentation on their investor page.
listened to the CC, came right out and said they were doing it to raise money, hired a PR and 2 IR firms.
talk is cheap but they seem to do it very well.
and read their 8k
it's gotta be dead, STWS just announced a potentially huge desalination/water pumping/water pipeline deal - talk is cheap and they have to finance it - and prior to this deal announcement STWS stock jumped 400% and TMEN stock did nothing. STWS recently became N.AMERICAN distributor of a danish desalination company.
Look at ENSL, gelbaum delisting them. that's weird too. but honest.
TMEN board, that's weird too.
just wishful thinking. if sotk is seriously considering an acq sooner is better than later imho.
Avalon products are used in life-critical procedures during surgeries where they are inserted directly into a patient’s arteries or veins and most commonly connected to extracorporeal support systems to maintain oxygen circulation and preserve life. While critical to the success of these procedures, Avalon products typically are a small portion of total procedure costs. The company serves leading blue-chip OEM customers within its current cardiology and pulmonology market segments and has begun to expand its offerings into adjacent endovascular, bariatrics, tracheostomy, endoscopy, non-vascular stent and ophthalmic market segments.
The $180 million purchase price, subject to adjustment as provided in the purchase agreement, is expected to be financed with availability under existing credit facilities
google "Ontario to Become Energy Lab with 34MW of ‘All-of-the-Above’ Energy Storage"
Describes the 5 projects.
The projects are expected to cost about $14 million per year, or about $42 million over a three-year period, and are the first to be awarded under a broader mandate to bring 50 megawatts to the province by the end of 2014. IESO highlighted that it considers this cost "very competitive relative to comparable storage projects," but didn't break out the costs by individual project.
The participants will be required to provide one of two types of fast-reacting ancillary services for IESO. The first is frequency regulation, a service being provided by batteries, backup generators, variable loads and other non-traditional resources for grid operators like mid-Atlantic PJM.
The second is providing voltage control and reactive power support, a service that’s becoming increasingly important for Ontario and other regions with lots of intermittent wind and solar power to integrate into the grid.