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GETC - Geotec, Inc. -- Clean Coal Technology

Started by greatday8, September 22, 2005, 04:43:56 AM

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greatday8

GETC and URBT have commodity/share exchange agreement. Notice the volume breakout on URBT today. GETC broke out last week and URBT today. Tells us there is something in the works. Will we get news this week or next week?

Strong connection between GETC and URBT...both stocks should do well.

==========================================

MaxStockPro.com Goes One on One With CEO, Mr. Jacob V.O. Mullins
UATV recently had a new CEO take over the company about four months ago (10/05) by the name of Jacob R. Miles III. With a few goals in mind that we believe are getting ready to start rolling out in the near term. Last week MaxStockPro.com did a feature company overview on Urban Television Network Corporation, now we have an exclusive interview with the CEO of the company. We had the chance to touch on topics that the investment community or future investors can learn about the company. With many mile stones coming this year we asked the CEO of Urban Television Network Corporation the following questions.

Overview of Company ---

Talking Points
Urban Consumer - African-Americans/English Speaking Hispanics/Other - 80 million - $1.5 Trillion
Broadcast Network -- Full Power Stations with long term goal similar to ABC, NBC, CBS, FOX
Distribution -- Growth to 60 million households
Nielsen Ratings

Content - Black College Football, Latin Eyes, Neo Soul, Sports
New Media - IP Streaming, Podcasting, Video OnDemand
Network Launch starting in mid 2006


Latest News for UATV:

Urban Television Network Corporation (OTC Bulletin Board: URBT) CEO and Chairman, Jacob Miles, will be a featured speaker at the MultiCultural Media Expo being held at the Los Angeles Convention Center from February 22-24, 2006. Expecting national attendees from all segments of the media industry, the Expo will integrate the business conference and floor expo formats into an interactive media event focusing on the multicultural markets.

During his appearance at the MultiCultural Media Expo, Jacob Miles will remark on the current tendencies of media to separate the diverse cultures of America, while also highlighting UATV's focus on bringing minorities together through their unifying interests. The current and future state of Urban America Television will also be discussed, including: its move from low to full power affiliates, expanded programming (short form and long form), interactivity and mobile media, Central and South American expansion and the impact of UATV's groundbreaking agreement with Nielsen Media Research.

Question & Answers

MaxStockPro.com Staff : What is the status on updating the filings to possible move to a bigger exchange?

Mr. Jacob R. Miles III CEO : As we increase assets and revenue, we will begin the process of moving to a larger Board.

MaxStockPro.com Staff : What can the investment community expect this year from Urban Television Network Corporation?

Mr. Jacob R. Miles III CEO : Consistency and execution of the business plan Acquisition of new assets and attention to increasing revenue

MaxStockPro.com Staff : Can investors expect any acquiring of any companies in Q1 from the company?

Mr. Jacob R. Miles III CEO : We are always looking for acquisitions that match our core strategy and that will enhance shareholder value, particularly those that add assets and revenue.

MaxStockPro.com Staff : We notice the OnDemand platform is starting to take off. Can investors see Urban Television Network Corporation deliver any of its content in this format?

Mr. Jacob R. Miles III CEO : We are working very diligently in this area to create an integrated message that enhances our broadcast platform. We see IPTV specifically, as well as other on-demand platforms, growing exponentially over the next few years, and we see the lines between traditional television and Internet becoming very blurred.

Today, technology is significantly impacting the lifestyle of the average consumer: TIVO has created a market of consumers accustomed to the convenience of time-shifting television programs, Apple is leading in the rapidly evolving consumer expectation of mobile multimedia content and it seems everyone has a cell phone. As Video OnDemand, mobile content and increased cellular bandwidth mature and blend - you can bet UATV will be right in the middle of it.

Thank you Mr. Miles III for giving MaxStockPro.com staff this interview. MaxStockPro.com will began coverage of URBT throughout the year as we stated in our "Feature Company Section" about URBT. We will keep the investment community updated and give facts about URBT.

Urban Television Network Corporation
2707 S. Cooper, Ste. 119
Arlington, Texas 76015
817-303-7449
817-459-2942 FAX


This story is courtesy of MaxStockPro.com Staff, and the CEO of Urban Television Network, Inc. Mr. Jacob R. Miles III.
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http://www.maxstockpro.com/Interview2.html
Keeping Shareholders in Focus:
Here is the simple and powerful rule...always give shareholders more than they expect to get!

FreeLove

I think this URBT is a great one to enter, looks like it could see move to .20s-.30's
after .12 break

greatday8

This is from another site...

======= by DarkTranquillity ==================================
Big deal with a large oil company is supposed to be announced next week, i'm going in large.

======== by greatday8 ==================================
DTQ, I have seen comments posted about this type of announcement, but do you have any solid reasons to think it might happen, happen next week? I would love to see it.

This is from the filings:
"Richcorp also has prior experience with at least one major oil company and the demonstration of this technology in oil applications. Heavy crude oil has been improved to yield "lighter" oils ("API shifting") with reduced sulfur and metals in upstream and downstream oil processing."


Geotec has the coal and Richcorp has the technology. I am looking for an announcement along the line of the millions of tons of coal will be washed with Richcorp's enzyme/protein technology. I think this will be very big.

This also from the filings:
"Richcorp's technology comprises the high volume, recombinant engineered manufacturing of numerous proteins/enzymes that can selectively react with specific hydrocarbons to decrease ash (overburden including clays, dolomites, etc.) sulfur or metal concentrations and thereby improving the coal quality and market value. This market value increase directly relates to the BTU or thermal value increase in the coal resulting from the protein/enzyme treatment. There are literally hundreds of millions of tons of coal that have been mined and deposited on open lands that do not meet the specifications of the electric power generation companies. The Company has identified a significant portion of this coal in the Appalachian Basins where the Richcorp technology could increase the quality and market value of the laid up coal, meeting the electric power plant requirements. The Richcorp technology has been utilized and approved by the EPA, (Environmental Protection Agency) whereby the remaining protein effluent can be returned into the environment without risk to plants, animals or ground water. Other washing methods have included chemicals and detergents at a high cost and environmental risk."

======= by DarkTranquillity ==================================
All I can say right now is that the announcement will be made this week for sure in a PR and on there website.

I honestly cannont disclose any more information than that.

I do know that I will be very happy next week and I cannot wait for the news to hit the wires.

Happy Trading!

=========== by greatday8  =============================
DTQ, fair enough and thanks.

==============================================
Keeping Shareholders in Focus:
Here is the simple and powerful rule...always give shareholders more than they expect to get!

greatday8

The right source with your questions

This phone number was posted on RB (813) 244-9843.

I checked with Geotec about this number and this is the reply. Now everyone has a number if they wish to call. A number to call about information you see posted on a message board, information in the filings, in PRs, etc.... or any questions you may have.

==================================================
Dear Frank,

Dan does speak for Geotec, as you have seen.

I, on the other hand, cannot comment about anything. Those were decisions made, that I honor.

It seems that you are getting information from the right source.

I am glad you are speaking with Dan, the information officer.

Best Regards,

================================================== ====
Keeping Shareholders in Focus:
Here is the simple and powerful rule...always give shareholders more than they expect to get!

greatday8

#49
I believe the above about GETC in talks with a large oil company is RUMOR.

Sorry for posting a rumor but a call to Dan learns this:
At present time are doing coal deals. That rumor cannot be confirmed.

Keeping Shareholders in Focus:
Here is the simple and powerful rule...always give shareholders more than they expect to get!

greatday8

8K - completed the acquisition of the mineral rights for 4 additional Asphaltite mines

ITEM 1.01      ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT

On January 31, 2006, Geotec Thermal Generators, Inc. ("Geotec" or the "Company"), through its wholly owned subsidiary, Richcorp, Inc., made the initial payments that completed the acquisition of the mineral rights for 4 additional Asphaltite mines (containing high volatile resource materials) in the Neuquen Province of Argentina. The Company obtained two Asphaltite mines from its acquisition of Richcorp, Inc., in 2005. The estimated reserves from the 2005 Richcorp acquisition were 200 Million tons. The total estimated reserves inclusive of these four additional mines bring the Company's estimated reserves to 1.5 Billion tons. Engineering for these estimates and mining was evidenced to the Company in December, 2005 comprising about 7000 acres.

Keeping Shareholders in Focus:
Here is the simple and powerful rule...always give shareholders more than they expect to get!

Wax

Interesting... That number is Tampa based. I believe it is a cell phone block. I live in Tampa and am not famliliar at all with this company. Is that a rep for this place?

rv

huge break out this morning,yet, and a small pullback.....

greatday8

Quote from: Wax on February 01, 2006, 07:48:06 AM
Interesting... That number is Tampa based. I believe it is a cell phone block. I live in Tampa and am not famliliar at all with this company. Is that a rep for this place?
Dan is the president of AACS, check the SEC filings. Check PRs issued by AACS to see the contact is Dan and the same number as I posted above.

The talk is there are negoitations going on between GETC, AACS, URBT and CGGE, maybe others. With the president of AACS speaking for GETC, as the information officer, that would have to speak pretty highly that a deal will be forth coming.
Keeping Shareholders in Focus:
Here is the simple and powerful rule...always give shareholders more than they expect to get!

greatday8

http://www.geo-tec.net/
http://www.richcorp.net/
http://www.rich-labs.com/

Look at the Richcorp websites, lot of information on the new direction of Geotec and Richcorp. There are also links to external websites, and they are not there to take up space. IMO, those links are there to help investors with DD on the new direction, pointing us in a direction of relevant information.

DD helps to form opinions, which should help make intelligent investment decisions.
Keeping Shareholders in Focus:
Here is the simple and powerful rule...always give shareholders more than they expect to get!

greatday8

#55
Let me jump up on my soapbox and shout some of my thoughts and opinions:

Have you taken some time to read Richcorp's web site and follow the links?

Over the years Geotec's management has worked hard to bring Geotec to a position of realizing a great potential. All along the way there have been diversions that have prevented the targeted success. The ups and downs have been stepping stones to the future and I believe that now is the time when the hard work and sacrifice made by all, including shareholders, will start to show results.

It has been posted that several companies, (GETC - AACS - URBT - CGGE)  may be in negotiations. If there is a four company combo, a strategy and implementation of the business plan would require sophistication and patience. I have said I believe 2005 to be the foundation building year. I believe that 2006 will demonstrate the strength of Geotec management and the validity and viability of the business plan.

Richcorp has a staff of people in Argentina, and I also believe progress will be made in 2006 to develop the opportunites in Argentina.

Geotec owns technology for well and coal treatment, mineral assets, equity acquired in other entities, etc.... The directors and management will need to find effective ways to make these technologies and assets perform.

Lets think of Geotec as a living entity. It will change and respond to the opportunities found or made.

Good luck with your investments, whether GETC is one of them or not.

Thanks for your time and I will step down off my soapbox :)
Keeping Shareholders in Focus:
Here is the simple and powerful rule...always give shareholders more than they expect to get!

greatday8

Geotec's business direction is moving towards coal and gasification. What is happening in these areas. A lot of information available at:
http://www.gasification.org/

**********************************************

Burns I McDonnell Awarded Contract by ERORA Group for Next-Generation Coal Gasification Project.
http://www.burnsmcd.com/news/erora.html

This is an interesting paragraph from that release:
"The $1.1 billion Taylorville Energy Center recently was awarded a total of $5 million in funding support by Illinois Gov. Rod R. Blagojevich. Under the grant, $2.5 million will be awarded by the Illinois Department of Commerce and Economic Opportunity for front-end engineering and design and an additional $2.5 million will be awarded by the Illinois Clean Coal Review Board."


***** Then we have Geotec Endorsing the new law enabling the above funding
http://geo-tec.net/pr06-24-05.html  ***********

Geotec Thermal Generators, Inc. Endorses New Illinois Law Funding and Guarantying Coal Gasification Purchases
June 24, 2005 02:24 PM US Eastern Timezone

DELRAY BEACH, Fla.--(BUSINESS WIRE)--June 24, 2005--Geotec Thermal Generators, Inc. (OTCBB:GETC) welcomed its sought after support for the new Illinois State Law which opens up as many as 48 coal mines, with high sulfur content, to be gasified with technology developed by Geotec's associated company, TecEnergy.
http://www.tecenergylimited.com/


TecEnergy's gasification units process up to 11 tons of coal per hour, are portable, and cost less than $5 million for a complete operation. In addition, the BTU output of the gas is also significantly increased. This technology also eliminates sulfur from being released into the atmosphere, which permits the company to receive carbon credits for the environmentally friendly disposal of coal. Carbon credits have increased, in past months, to over $35 per ton of coal that is gasified.


The following press release, issued by the Governor's office in the State of Illinois on June 21, 2005, provides a complete description of the law:

Gov. Blagojevich continues to develop new markets for clean-burning Illinois coal and the creation of new jobs across the state

MT. VERNON - In another important step towards revitalizing the Illinois coal industry and creating more jobs for Illinois families, Gov. Rod R. Blagojevich today signed legislation which will help increase the use of Illinois-mined coal by supporting the use of clean-coal technology, providing energy security and promoting economic development throughout the state.

"Legislation such as this allows us to take a national leadership role in clean-coal technology. In doing so, we're seizing a tremendous opportunity to demonstrate to the world that there are innovative and environmentally-friendly ways to use more Illinois coal, which will give this critical industry an important economic boost. By continuing to support the use of clean-burning Illinois coal, we continue to support the creation of more good jobs throughout this state," Gov. Blagojevich said.

State Senator James Clayborne (D-East St. Louis) and State Rep. Kurt Granberg (D- Centralia) sponsored Senate Bill 90.

"Gov. Blagojevich and I believe that Illinois coal can play an important role in a comprehensive, sustainable energy plan for this state. This legislation will continue to develop the market for clean coal technology, allowing us to mine more Illinois coal that not only reduces our dependence on foreign energy sources and creates good jobs, but does so in an environmentally responsible way," Sen. Clayborne said.

"The slumbering Illinois coal industry has a better chance of bursting back into business with this initiative by reopening mines and creating an estimated 1,400 new jobs," Rep. Granberg said. "This innovative legislation has the potential to relieve shortages and high pricing by creating natural synthetic gas, thereby resulting in lower, more stable prices for consumers."

SB 90 supports production of ultra-clean, high-efficiency coal gasification facilities that will produce synthesis natural gas (SNG). The legislation sets a price for SNG that is typically between 18-30 percent cheaper than that of conventional natural gas, potentially offering significant cost savings to consumers.

The legislation permits gas utilities to enter into 20-year supply contracts with any SNG producer using Illinois coal, provided that the Illinois Commerce Commission does not determine that the cost of natural gas is unreasonable or imprudent.

This guarantee is designed to permit developers of new SNG facilities to secure sales contracts to obtain project financing. This will allow developers to move forward on these kinds of environmentally-friendly projects creating new markets and jobs in the Illinois coal industry.

The legislation, along with other initiatives spearheaded by Gov. Blagojevich, puts Illinois in the lead nationally in the deployment of ultra-clean technology known as Integrated Gasification-Combined Cycle (IGCC). It is fast-emerging IGCC technology that allows Illinois coal to be used as a feedstock for important energy products such as SNG, electric power and low-sulfur diesel fuel.

Using coal in such value-added circumstances creates jobs and investment in Illinois and, at the same time, reduces U.S. reliance on imported, price-volatile products like crude oil, natural gas and nitrogen fertilizer.

SB 90 is effective immediately.
Keeping Shareholders in Focus:
Here is the simple and powerful rule...always give shareholders more than they expect to get!

greatday8

I was trying to work up some numbers of the possible shares available for trading and then compare to the volume during the run in January. This is what I came up with.

I think there were many traders trading multiple times during the January run. If so, one share might have been traded 5-10 times, if a trader made five or more round trades, which I think is possible.

1. 212,840,058 outstanding shares of Common Stock as of November 15, 2005

2. Shares issued during 2005 are in a lock up till April 2010 including Rick's original shares and Dr Art Gottmann's.

3. Outstanding shares: November 19, 2004 = 37,456,723

4. Tradable float: 27,106,697 -- outstanding shares as of 11/19/04 were 37,456,723 shares less Rick's original shares of 10,349,992 which are in a five year lock up till April 2010.

5. Dan Pepe holds 8,932,732. (Geotec's previous president)

6. Dr. Art Gottmann, who has agreed to invest $2,200,000 in exchange for 16.5 million shares of our common stock which coupled with his existing ownership of 3.3 million shares of our common stock. (These 19.8 million are in the lock up.)

7. What do we have:
a. 27,106,697 -- tradable (point-4)

b. 8,932,732 -- Dan Pepe (most likely not selling at these low prices)

c. 3,300,000 -- Dr. Art Gottmann's existing shares (In lock up)

d. 14,873,965 -- a minus b minus c = tradable float

e. 4,000,000 -- Shares held by me and others I know, all holding for higher prices

f. 10,873,964 -- d minus e = Tradable float after subtracting tightly held shares.

g. 3,000,000 -- Wild guess at an additional number held for higher prices

h. 7,873,964 -- f minus g = Tradable float after subtracting an additional unknow possibly tightly held shares.

i. _________ -- Do we add in a number for the naked short position? If there is a naked short, those shares are out there and available for trading.

The January run and topping was four days and traded = 8,014,718 shares. Look at this number, then look at F and H above. All of the shares in F and H did not trade as many traders flipped the shares several times. The volume continued heavy a few days after the high and has been declining. After the high, I think we seen a lot of people exiting to cut their loss. Large number of shares moving from OLD shareholders to NEW.
Keeping Shareholders in Focus:
Here is the simple and powerful rule...always give shareholders more than they expect to get!

greatday8

ITEM 1.01      ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT

(a) Coal Sales Agreement. On March 3, 2006, Geotec Thermal Generators, Inc. ("Geotec" or the "Company"), executed a purchase order agreement with Island Sales Limited ("Island Sales") (a copy of which is attached hereto) whereby the Company agreed to sell 500,000 tons of Pennsylvania processed clean coal to Island Sales between April and December, 2006, at the price of $47.10 per ton, subject to processing and delivery specifications. The coal is part of the 20,000,000 tons of Pennsylvania processed clean coal sold to Geotec by Ecotec Coal, LLC, a Florida limited liability company in December, 2005.

(b) Coal Processing Test Results. On January 27, 2006 the Company received coal washing test results from SGS Commercial Testing & Engineering Co. of Denver, Colorado, which provided independent verification and validation that chemical modification of the Pennsylvania coal utilizing the Company's proprietary recombinant protein/enzyme technology increased the commercial value of such coal. The test results from the chemically processed coal demonstrate that the processed coal qualifies as "Refined Coal" as such term is defined in Section 45 of the Internal Revenue Code of 1986, as amended.

(c) Technical Testing Data. The results showed a 15.6 % increase in Btu per lb to 13,209 Btu; a decrease in Ash of 58% to 7.33% and a 20.2% decrease in lb. S02/mm Btu.
Keeping Shareholders in Focus:
Here is the simple and powerful rule...always give shareholders more than they expect to get!

greatday8

212,840,058 shares of Common Stock outstanding as of November 15, 2005

What might be the value of the Pennsylvania processed clean coal and value per outstanding share:

500,000 tons times $47.10 per ton = $23,550,000 and using 212,840,058 outstanding shares = $0.111 per share.

19,500,000 tons times $47.10 per ton = $918,450,000 and using 212,840,058 outstanding shares = $4.315 per share.

20,000,000 tons times $47.10 per ton = $942,000,000 and using 212,840,058 outstanding shares = $4.426 per share.

Keeping Shareholders in Focus:
Here is the simple and powerful rule...always give shareholders more than they expect to get!