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ROTB.OB

Started by saffeysite1, June 08, 2005, 11:06:48 PM

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saffeysite1

Those who know, know I have posted this type of chart here before.  You know what to do next.   ;D

dhiraj19

I bought the shares at 1.33, it came in my search at yahoo... and Now Honors member endorsing it... I surely like my pick... :)

saffeysite1

nice buy.  hold on.

AussieTrader

Saffey change your nickname to 10 bag penny picker or something ;) No history to go on as its a newbie, but volume increasing and stock advancing everyday with multiple white candles (it will pullback, but when?). I'm gonna look at the background of ROTB and see.
Cheers
Mike
AussieTrader
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saffeysite1

I just put in for a large limit [email protected].  Let it ride.   This is the new LLLI.OB which went up to $4 in three days.  Good luck everyone.

-See you in the 10 bagger club.

AussieTrader

I hope so, LLLI gave most of it back as well, just a matter of getting on and then off at the right time. I'm still considering....
Mike
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pslrep

We are a development stage company formed to develop and market a new type of patented oscillating piston engine. The oscillating piston engine (OPE) weighs only a fraction of a conventional engine and requires no valves or valve train, nor a cumbersome water cooling system. However, despite its lighter weight, to date we have not yet perfected the technology or proven that the oscillating piston engine can function as well as a conventional engine.

We have acquired the prototype engine and certain rights to the patents from the inventor and engineering team through an Option Agreement that gives us the rights to further develop the engine to the point where it can successfully be marketed and sold. We do not currently own all of the intellectual property or patents related to the OPE and the underlying technology and the proceeds of our current offering will not provide us with enough capital to buy these intellectual property and patent rights. However, the Option Agreement also grants us the right to purchase the patents underlying the technology at any time on or before 18 or 36 months from the date of the initial payment of the $100,000 deposit (May 31, 2004) for $1,000,000, if within 18 months, or $1,500,000 if within 36 months. In addition, the option may be assigned or transferred to another party without the prior approval of the Optionor. During the term of the option, we have the exclusive right to manufacture and market all products covered by the patents. We are in the process of testing and improving on the patented design. However, the engine, which has not had a test run since 1995, has not been tested in a vehicle or other device; has experienced critical mechanical failures in the past; and may experience more failures in the future.

We are in the development stage; have not yet generated any revenues and have sustained a net loss of $291,301 since inception. Our business plans are to develop the technology and build a prototype engine that can be sublicensed or sold to third party manufacturers for amounts sufficient to generate the funds to purchase the patent rights subject of the option agreement; however, if we are unable to do so prior to the expiration date of the option, we would need to raise additional capital through loans or equity sales, or rely on receipt of the cash we would receive from exercise of any warrants sold in our current offering to exercise the option. In addition, based on our current development plans, we will not generate any revenues or profits over the next 12 months while we are completing and testing the engine and technology. Our auditors have expressed substantial doubt aboutour ability to continue as a going concern.

Our offices and testing laboratory are currently located at 1715 Cook Street, Suite 205 in Vancouver, B.C., Canada. Our fiscal year end is April 30.

THAT SHOULD SEND UP RED FLAGS....  new technology is exciting...but if the patent holders had the "real deal" in my opinion, they wouldn't have sold it for $1 Million or had it sitting around untested since 1995....

AussieTrader

Trying ROTB but not getting a fill at the moment
AussieTrader
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Pete

Soon as I got in at 2.06, it started tumbling. What changed???  ???

tommyt

In [email protected], this is a wild one so I set my stop at 1.50. Are you joining us Aussie?

AussieTrader

I got a fill around $2.00, will see what the day brings.
AussieTrader
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saffeysite1

25% pulback at 2.10.  expected.  Moving back up.

David Randolph

Correcting today. Might consolidate or turn lower. Not buying the chart, not knowing the company. Good luck guys ! (this chart reminds me a lot of NAUC.PK), that I bought at $2.02 and sold 2 or 3 days later at $4.5 (then the stock plummeted to below $2 again).

But that had a speculative story behind, what's the story on ROTB.OB?

Thanks !

saffeysite1

#13
Oscillating Piston Engine.


This is their website.  Give all details about this revolutionary new engine technology design.  The engine is able to run on biofuels and hydrogen.  It's a small engine, for boats, atv's, ski-d00, generators.  The key is that these engines are very light, ecological, easy to fix and versitale as far as types of fuel uses.  This will be very beneficial to countries like China and India.

www.rotoblock.com

30Mil. diluted shares.  75Mil common shares.

saffeysite1

After a long decline or long black candlestick, a spinning top indicates weakness among the bears and a potential change or interruption in trend.