thx dave.
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thx dave.
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I found this information interesting. It has "average output" numbers for the wells in the area where MGLGs wells are. The guys who run this company (KTO) are also the management for TMD energy (which is basically a consulting firm). Click the management bar for more info on the people behind it all.
http://www.kytennoil.com/devonian.htm
I wonder how the contracts work between lease holders and operators? I might try to find an energy industry forum and ask. I wonder if that RIGZONE has a forum...
behl has released another pr, not a suprise as they are a pr machine. people are expecting it to gap again today, i sure hope so.
BioCentric Energy Holdings to License Algae Equipment Distributors
* Press Release
* Source: BioCentric Energy Holdings, Inc.
* On Wednesday July 8, 2009, 6:00 am EDT
*
Buzz up! 0
BioCentric Energy Holdings, Inc.(Pinksheets:BEHL - News) Press Release:
Dennis Fisher, CEO, BioCentric Energy Holdings, Inc. today announced: "The company has been receiving a significant increase in the number of inquiries regarding the process of producing specific strains of Algae and the availability of the company's patent pending closed loop photobioreactor equipment."
Mr. Dennis Shen the company's COO commented, "In light of the recent worldwide exposure via the media networks for Algae solutions, and after a number of serious inquires for potential franchise opportunities, we decided to open negotiations with several interested parties. As a result of the negotiations the company now has two West Coast entities who have shown a serious interest in moving forward with distributorship agreements for licensing the company's closed loop photobioreactor systems and the purchase of the raw Algae materials needed to commence farming operations."
BioCentric Energy Holdings is in the process of finalizing draft licensing agreements, which will potentially lead to a larger worldwide opportunity for the company to license more distributors and simultaneously increase the sales of photobioreactor systems along with a supplier network for the purchase of the company's strains of raw Algae materials.
Mr. Shen further commented, "The licensing fees for dealers in discussion start at $250,000 per license for a 5 year license. This gives the dealer the right to re-sell a closed loop Algae bioreactor at $86,000 per acre and still make a good profit margin on the Investment."
BioCentric Energy Holdings, Inc. has recently received several celebrity endorsements for the company's motivation and dedication to help build a worldwide "Green" environment which can be viewed on the website. The company was recently featured on the homepage of www.emergingGreencompanies.com a media company also dedicated to public awareness of companies who are "Going Green."
I think they should keep their eyes more on algae and a little less on the share price. There was a potential for a sell off today and we get a vapid PR. Funny.
Hey Sean, try plugging the address straight into regular Google - It comes up in Maps, where you can view it under satellite - You will note there that they are located directly in the middle of the street, facing oncoming traffic!
Of course so are the nearby tenant's;
Bydand Paralegal Professional Corporation
Fong and Partners Inc.
Harris Kenneth R
Magellan Energy (Canada) Ltd
Marlowe Donald
Nelson Family Law
Primerica Financial Services
Trenholme Mark
Younker JE
in case mglg comes out with something i got a stepped 50% sell at .01 and .98![]()
vapid pr? lol okay, i guess you dont get it.
Tripps, I don't know. I have been trying to find some solid info on this. As you know, I am big into boats, except lately. I have heard that OCNF was really sucking. The market is really sucking. I don't know what larger cap stocks are going to do. This is just my opinion and nobody elses - with talks of another stimulus package and Biden coming out and saying that they misread the economy and then Obama covering his ass yesterday, I am leery of just about everything. I honestly don't have a clue. Where is the market going? I just don't know.
I believed that 1.20 was a good price a week or two ago, but the market is changing so fast that it is hard to get a handle on, so I am hanging tight. As for security, there doesn't seem to be any. At the present time I am at a total loss.
It would be nice if somebody could come up with something definitive on the boats, because they are primary indicators of the economy, but it has been tits up for a while. I am going to try and find something on that subject today.![]()