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EFTI.OB

Started by setravis, August 16, 2005, 07:10:50 AM

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setravis

Something could be cooking.Volume back in.
Has placed a nice little run with a pull back.
Above the 50 and 200-day EMA. 50-day has crossed over the 200.
Could be ready to rock,I will be watching this morning.
Support @ 0.22.....Resistance @ 0.24.....0.28
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

setravis



Press Release Source: EarthFirst Technologies


EarthFirst Technologies Reports Financial Results for Second Quarter 2005
Monday August 15, 11:28 am ET 
Management Details Series of Expansion Initiatives


TAMPA, Fla.--(BUSINESS WIRE)--Aug. 15, 2005--EarthFirst Technologies, Incorporated (OTCBB:EFTI - News) today announced the Company's results for the three and six month periods ended June 30, 2005.
Financial Highlights for the Three Months Ended June 30, 2005 Compared to the Three Months Ended June 30, 2004:

Revenue increased to $9,753,062 from $115,000. The increase is attributed to the Company's acquisition of Electric Machinery Enterprises, Inc. (EME), in August 2004. Revenue on a quarter-over-quarter basis increased 19.4% from $8,168,099, for the three months ended March 31, 2005.
Income from operations before reorganization items, income taxes and majority interest was $1,212,641 compared to a loss from operations of $382,287 in the same quarter in the prior year. Income from operations on a quarter-over-quarter basis increased 131% from $524,234.
Net income was $1,001,609, or $0.002 earnings per fully diluted share, compared to a net loss of $436,844, or $0.002 loss per fully diluted share. On a subsequent quarter-over-quarter basis, net income in the second quarter was markedly higher than the net loss of $4,553,637 posted for the first quarter. The loss in the first quarter of 2005 was largely due to non-cash charges associated with an $8 million convertible debt financing completed in the first quarter of this year.
Financial Highlights for the Six Months Ended June 30, 2005 Compared to the Six Months Ended June 30, 2004:

Revenue was $17,921,161, a considerable increase over revenue of $130,000. The growth in sales is attributed to the Company's acquisition of Electric Machinery Enterprises, Inc. (EME), which occurred in August 2004.
Income from operations before reorganization items, income taxes and majority interest was $1,736,875 compared to a loss from operations of $2,413,748 for the same period in the prior year.
Net loss was $3,552,028, or $0.001 loss per fully diluted share, compared to a net loss of $2,519,703, or $0.002 loss per fully diluted share due to non cash charges associated with convertible debt financing completed in the first quarter of this year.
As of June 30, 2005, the Company had approximately $10.3 million in cash and receivables, and working capital of $2.6 million.
Stockholders equity, as of June 30, 2005, increased to $18,514,457 compared to $5,567,328 reported as of December 31, 2004 and $16,817,848 reported as of March 31, 2005.
Leon Toups, Chief Executive Officer of EarthFirst, stated, "We are pleased with the growth we are experiencing in our operations, as reflected in our strong subsequent quarter-over-quarter results. With our EME subsidiary now serving as a solid fundamental growth platform, our management team has been focused on advancing a number of strategic growth initiatives.

"Prime Power of Tampa, Inc., our exciting new subsidiary representing a venture between EME and Triad Consulting Engineers, Inc., has gotten off to a very strong start. We are currently in negotiations on a number of design/build projects that we hope to conclude soon.

"Our WESCO subsidiary has also enjoyed success in progressing discussions with a number of strategic partners and potential customers for our solid waste remediation plants in both the rubber tire and carpet recycling markets. Over the course of the next several weeks, we hope to start a series of projects implementing this technology.

"We have determined that the time is right for us to begin exploring expansion of EME's electrical contracting services into the residential marketplace. Given EME's depth of industry expertise and logistical resources, providing home builders with quality electrical contracting services is a logical extension of our business, and one that we believe holds great promise for dynamic growth and enhanced profitability. We are planning for EME to begin offering its residential contracting services on a small scale this month to prove the economic viability of this endeavor.

"On another front, we have identified an opportunity for the utilization of our CAVD technology in the harvesting and production of African Palm Oil. Preliminary analysis has revealed that palm fruit treated by our CAVD process may result in a higher yield of palm oil with significant and productive byproducts. To capitalize on this opportunity, we have recently formed a new wholly owned subsidiary named EarthFirst Americas, Incorporated. If proven applicable to economically producing palm oil, our CAVD reactor could become a significant and necessary export to palm oil producing nations," concluded Toups.

EarthFirst will also host a teleconference Thursday morning, August 18, 2005 beginning at 10:15 AM Eastern, and invites all interested parties to join management in a discussion regarding the Company's financial results, corporate progression and other meaningful developments. The conference call can be accessed via telephone by dialing toll free 1-800-257-1836. For those unable to participate at that time, a replay of the teleconference can be accessed by dialing 1-800-405-2236 and entering the pass code 11037097#. The replay will be available for 30 days.

About EarthFirst Technologies, Incorporated

EarthFirst Technologies, http://www.earthfirsttech.com, is a specialized holding company engaged in researching, developing and commercializing technologies for the production of alternative fuel sources and the destruction and/or remediation of liquid and solid wastes, and in supplying electrical contracting services to commercial and government customers internationally. Through its subsidiary World Environmental Solutions Company (WESCO), EarthFirst markets solid waste remediation plants utilizing a proprietary Catalytic Activated Distillation (CAVD) process, which is a superior technology developed by EarthFirst to recycle rubber tires and other waste by heating the material without burning it. Through its subsidiary Electric Machinery Enterprises, Inc., http://www.e-m-e.com, the Company provides electrical contracting services both as a prime contractor and as a subcontractor, electrical support for industrial and commercial buildings, power generation stations, and water and sewage plants in the US and abroad.

"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

nutsterrt

I like the look of it...I'm in and hoping :)

setravis

Quote from: nutsterrt on August 16, 2005, 09:39:37 AM
I like the look of it...I'm in and hoping :)

I like the look of it also....Let's see what tomorrow brings! ;D
rock n roll time.
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

saffeysite1

Keep on watch.

evgeny05

EarthFirst Americas Receives Largest Shipment of Biodiesel in U.S. History at Port of Tampa
Business Wire - November 09, 2005 08:00

TAMPA, Fla., Nov 09, 2005 (BUSINESS WIRE) -- -- First Shipment of 267,000 Gallons of Biodiesel to be Followed by Monthly Shipments Totaling Up to 45 Million Gallons in 2006;

-- Formal Press Conference Scheduled at Port of Tampa on Friday, November 18, 2005

EarthFirst Americas, Incorporated (EFA), a wholly owned subsidiary of EarthFirst Technologies, Incorporated (OTCBB:EFTI) ("EFTI" or "the Company"), today announced the arrival of the first of expected regular shipments of biodiesel. This first shipment, which arrived at the Port of Tampa on November 8, 2005, contains 878 metric tons (267,790 gallons) of biodiesel and is believed to represent the single largest cargo of biodiesel ever imported into the United States. EFA plans to import regular shipments that are expected to grow to monthly loads of 3,000,000 gallons by the end of the first quarter of 2006.

The fuel is biodegradable and registered with the United States EPA. It meets the fuel specifications of reciprocating diesel engines and gas turbines. As a renewable fuel in power generation applications, it qualifies for many renewable energy programs. This first shipment is being sold to diesel distributors and end users throughout Florida.

EFA's biodiesel, "Solar Diesel", is interchangeable with petroleum diesel. It is made from a variety of biological feedstock. This particular cargo of biodiesel is made entirely from Ecuadorian palm oil utilizing existing refining technologies. EFA's partner in the development of biodiesel is La Fabril of Manta, Ecuador, one of the region's largest manufacturers of oils from palm fruit and soy. However, the overall partnership between EFA and La Fabril includes the export of EFTI's Catalytic Activated Vacuum Distillation (CAVD) technology and equipment, which is expected to enhance the efficiency and lower the production costs of the biodiesel refining process.

"This product that fuels trucks, buses and turbines is a form of solar energy. The solar energy is captured by the natural photo cells of agricultural plants and stored in the biodiesel that is readily used by various existing engines without any equipment modification," stated Elio E. Muller Jr., spokesman for EFA.

EFA is responsible for developing EFTI projects in Latin America and the Caribbean in applications dealing with alternative fuels and fuel systems for transportation and power generation. The Company's primary area of focus is in the deployment of various thermal distillation technologies, such as CAVD, for uses in Latin America. EFA employs the CAVD technology to lower the cost of producing biodiesel and other fuels from soy, rapeseed and palm fruit.

EFA has organized an international consortium of businesses producing biodiesel for distribution in the United States, Latin America, the Caribbean and the European Union.

In collaboration with La Fabril, EFA has arranged for follow-on monthly shipments of biodiesel to commence in January 2006. The Company expects to arrange importation of up to 45 million gallons during 2006, more than half of which is expected to be brought into the Port of Tampa. The Company expects to import over 100 million gallons of biodiesel in 2007.

Leon Toups, Chief Executive Officer of EarthFirst Technologies, stated, "This first shipment of biodiesel - perhaps the largest in U.S. history - marks an extraordinary achievement for EarthFirst and EFA. We expect that our biodiesel production and sales will continue to provide powerful leverage for the commercialization of our core technologies."

EFTI and EFA will host a formal press conference on Friday, November 18, 2005 at the Port of Tampa beginning at 10:30 AM Eastern. Invited guests and attending members of the press will view the storage tanks that contain the product and have the opportunity to interview key Company and consortium leaders. Mayor of Tampa, Pam Iorio is scheduled to ceremoniously load the first truckload. To receive a complete press kit and/or additional information about the press conference, please contact Ms. Stephanie Noiseux at Elite Financial Communications Group at 407-585-1080 or via email at [email protected].




setravis

Has been moving really nice. Broke through resistance @ 0.275

Support @ 0.25...0.24...0.23
Resistance @ 0.295...0.38
MACD is Bullish
Stochastic is Bullish

Recent CandleStick Analysis
Very Bearish
Nov-15-2005 Bearish Harami 
Nov-11-2005 Bullish Engulfing 
Nov-10-2005 DOJI 

"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

setravis

May be it can break this resistance @ 0.295

• EarthFirst Technologies, Incorporated Reschedules Third Quarter Financial Results and Conference Call
Business Wire (Tue, Nov 15) 
News Link:   http://biz.yahoo.com/bw/051115/20051115005874.html?.v=1
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

setravis

#8
A nice steady move up....good volume today.
If it could bull it's way through this resistance @ 0.295

Support @ 0.28...0.25...0.24
Resistance @ 0.295...0.38

Technicals
Record Price High
Record Price Break Out
MACD is bullish
Stochastic is bullish
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

gerard711

#9
Visit the web site

http://www.earthfirsttech.com/AboutUs.asp

    EarthFirst Technologies, Inc. is a specialized holding company that owns subsidiaries engaged in researching, developing and commercializing technologies for the production of alternative fuel sources and the destruction and/or remediation of liquid and solid waste, and in supplying electrical contracting services internationally.

Kublakhan

Big volume today - time to put this back on the watch list.   8)



setravis

Nice volume surge....
Back above the 50-day EMA
May be it's time to kick it in......
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

gerard711

NEWS TODAY..NEWS TODAY....NEWS TODAY....NEWS TODAY
Updated:2006-04-20 12:12:01
U.S. Sustainable Energy Corporation Announces Improved Feedstock Yield and Biofuel Flexibility
Market Wire
 


TAMPA, FL -- (MARKET WIRE) -- 04/20/06 -- U.S. Sustainable Energy Corporation ("U.S. Sustainable" or "the Company") (OTC: CYBR) announced today that it produces in excess of 3 gallons of biofuel from one bushel of raw soybean. The yield of 3 gallons of biofuel per bushel is approximately twice as great as the yield of biodiesel from the same input. Variations of the biofuel have been used to operate a diesel generator, Mercedes Benz 300, Bobcat and a gasoline lawn mower.


"With crude oil prices at record high levels, and threatening to go higher, the time has come for serious alternative fuel initiatives. We believe our technologies can lead the way to a 'Manhattan project' in alternative fuels, based upon renewable, sustainable sources of energy," stated John Stanton, Chairman.


The Company's technologies will include the rights to the certain patents and intellectual property rights currently contained in EarthFirst Technologies, Inc. (OTC BB: EFTI). Under EarthFirst's previously announced planned merger with Cast-Crete Corporation, EarthFirst/Cast-Crete will become the co-proponent of the Plan of Reorganization of CyberCare, Inc. ("CyberCare") (OTC: CYBR). After the merger with Cast-Crete and CyberCare's emergence from reorganization, EarthFirst/Cast-Crete intend to combine the existing energy technologies with CyberCare's technology assets. The surviving entity will be known as U.S. Sustainable Energy Corporation.


Investors are cautioned that certain statements contained in this document as well as some statements in periodic press release and some oral statements are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-Looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "believes," "anticipates," "intends," "plans," "expects," and similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future actions, which may be provided by management, are also forward-looking statements as defined by the Act. Forward-Looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance or achievements expressed or implied by such forward-looking statements and to vary significantly from reporting period to reporting period. Although management believes that the assumptions will, in fact, prove to be correct or that actual future results will not be different from the expectations expressed in this report. These statements are not guarantees of future performance and the Company has no specific intention to update these statements.





U.S. SUSTAINABLE ENERGY CORPORATION
TAMPA
www.ussec.us
John Stanton
813-621-4641



Livana

EFTI might not be a bad short term play. It needs to break the downtrend. A close above 0.17 in the next week or so would be nice.

On the financial side, I'm not a big fan, hence the "short-term play". The company has more than doubled its revenues since 2004 (from $15m to $41m, that 173% to be exact) but net loss went from $2m to $17m = -750%...
The balance doesn't look too bad, but the $5m long-term debt bothers me. And the negative cash flow doen't help much.