WWEN.PK - is no longer valid. It has changed to WTWO.PK

[lalitha0]

Thanks boatguy and Terliso!

I am glad we are all making money!

This is very exciting! 

I found some old news worth reading:

Press Release   Source: W2 Energy Inc.

W2 Energy Inc. to File Financials and Apply to AMEX
Friday May 5, 6:00 am ET

NEW YORK, May 5, 2006 (PRIMEZONE) -- W2 Energy Inc. (Pink Sheets:WWEN), a developer of Green Energy, is pleased to announce it will file its financials under a Form 10 and begin regular reporting. Upon filing of the financials W2 Energy will make application to the AMEX for listing. Mr. Michael McLaren CEO states, ``We have finished with the restructuring of the company and are satisfied that we can move ahead with a strong foundation and a clear focus to execute our business plan to the fullest.'' He also stated, ``We all look forward to listing on the AMEX building shareholder value, market capital and executing strategic acquisitions that will complement our already impressive portfolio of technologies, patents and commercial applications.''

ADVERTISEMENT
click here
About W2 Energy Inc.

W2 Energy Inc. is a growing, publicly traded company that develops renewable energy technologies and applies it to new generation power systems. Specifically, W2 Energy Inc.'s biomass to energy plants utilize state of the art technologies to produce green energy, both fuel (sulfur free diesel) and electricity at the most efficient cost in capital investment and production per/barrel, per/Megawatt.

The W2 Energy GAT reactor breaks down biomass or coal using the chemical energy stored in the biomass itself, the plasma acts as a high temperature catalyst. Unlike typical plasma reactors that utilize convection of the intense heat produced by the plasma, our GAT reactor can amazingly produce enough Syngas (H2, CO) to feed a 10,000 barrel per day synthetic diesel plant and 100 Megawatt steam turbine with a mere 4 MW input. Since our unique process works in this manner, most if not at all the CO2 produced by the process is converted into Carbon suboxides in the form of humic acid and is mixed within the ash to produce high grade organic fertilizer. Therefore the process is completely C02 neutral, even using coal or peat as base fuel.

Safe Harbor for Forward-Looking Statements: Except for historical information contained herein, statements are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in the future periods to differ materially from forecasted projections. These risks and uncertainties include, among other things, energy market volatility, product demand, market competition, and risk inherent to the company's research and development operations.


Contact:

          W2 Energy Inc.
          (416) 246-1100
          www.w2energy.com

[boatguy]

Still holding 1/3 for the rest of the run

This could double again today with the momentum it has going-

Good luck!

[boatguy]

Trailing stop hit at .35

[MARTY]

Is the run over for WWEN?  Anybody have any thoughts on this one?  Also whats up with Elite G?  Really miss his GTA requests and week outlook. 

[MARTY]

Anyone still watching this one? Thoughts?

[boatguy]

On watch !!

[boatguy]

Nice bounce

Back in at .115

[gmarc66]

Seems like its starting to break out of its channel.

Any TA experts want to add anything...trendlines, opinions, etc?

All mucho appreciated.

Setravis...where are u man! Never hear ur comments anymore....dont think i didnt notice..lol. hope ur doing awesome!


julia

[setravis]

Seems like its starting to break out of its channel.

Any TA experts want to add anything...trendlines, opinions, etc?

All mucho appreciated.

Setravis...where are u man! Never hear ur comments anymore....dont think i didnt notice..lol. hope ur doing awesome!


julia

For me Julia,It's a pink sheet and I made a promise to myself not to trade in these anymore !
I'm not by any means a TA expert. 
But it does look to have formed a Symmetrical Triangle (continuation) pattern.
Looks as if this pinkie wants to breakout ! 
I haven't had a lot of time of late to post very much comments on stocks, been covered up with other things (work) to do! 
I hope trading has been going very well for you...make some $$$ 

Candlestick Analysis 
Today's Candlestick Patterns:
White Spinning Top

Today a White Spinning Top was formed. This represents complete indecision between the bulls and the bears.

Important Factors:
If a White Spinning Top is observed after a long rally or a long white candlestick, this implies weakness among the bulls and it is a warning about a potential change or interruption in trend.

If a White Spinning Top is observed after a long decline or a long black candlestick, this implies weakness among the bears and it is a warning about a potential change or interruption in trend.

Like most other single candlestick patterns, the White Spinning Top has low reliability. It reflects only one day's trading and can be interpreted both as a continuation and a reversal pattern. This candlestick needs to be used with other candlesticks for a healthier confirmation of a trend.

If you trade do be careful with these pink sheets.
I hope I was of some help. Call on me anytime ! 

Best Regards,
Good trading to you

[gmarc66]

Well..pps trading back in its channel.

But, some pr news today sounds promising.

W2 Energy Inc. (OTC:WWEN), a developer of green energy, announced in Aug. 28th, it has passed the application process and is in underwriting with a mid-size south western banking firm to provide debt financing for a 1000 bbd (barrels per day) diesel fuel project. This project once completed will provide the company with a cash flow of approximately $20M per year. The company is continuing to execute on its business plan to scale our plants to a size of 10,000 bbd. Our 100 bbd plant which has been primarily funded by the company will be utilized as a research facility and will be located near Drexel Plasma Institute in Philadelphia. The intent of this plant will be for research and development of new fuels that are more environmentally friendly as well as easily integrated into today's fuel distribution infrastructure. The 1000 bbd plant will be the first plant W2 Energy will operate for profit and begin to fill our outstanding requests for production which currently run over US$2.0 billion. The plant will be a scale model of our 10,000 bbd design and will act as a working example for scale up to the larger systems. Once the finance is complete the project completion time will be approximately 1.5 years from ground breaking to completion. The company continues to push forward on other projects including designs for 10,000 bbd plants and also plants designed specifically for electrical energy production. The corporation intends on financing these projects through both debt and joint venture partnerships.

Stock Price closed at: 0.07 on 1,394,570 shares traded

[setravis]

Changed Ticker Symbol
'WWEN.PK' is no longer valid. It has changed to WTWO.PK