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8 pts

Opinion on  W2 Energy Inc New (WTWO)
WTWO Green Energy Player

Nov 06, 2008 03:03 PM GMT
Me2
Return Risk
+12.63% LOW
Sr. Analyst

Recent News  

W2 Energy Inc. (PINKSHEETS: WTWO) announced on May 8, 2008 that it expected $5,000,000 dollars in revenue before the year end of 2008. Although its joint venture partners have been making great strides in the development of its projects, to date the projects have not produced any revenue. W2 Energy continues to support and assist its joint venture partners in bringing these projects to fruition. Current economic conditions unfortunately have hindered the projects financially and financing that was previously available has been delayed indefinitely.

The company, through its sponsoring market maker, continues to push forward on the application to have its common stock traded on the OTCBB. The application is still in the comment phase. On June 30, 2008, the company announced its intention to form a biodiesel subsidiary. To date the company has been in negotiations to secure a site to produce this fuel. The company is also seeking financing for the bio-diesel equipment and is in negotiations with several equipment finance vendors.

The joint ventures between Cobal Chile of Santiago, Chile and Better World Energy of Bangkok, Thailand are all moving forward, but are all waiting for financing. The company will be processing coal, municipal solid waste, tires, plastics and agricultural waste in the pilot unit, then recording the output of electricity and liquid fuels and hydrocarbon products such as synthetic (zero sulfur) diesel, gasoline, Naphtha, and industrial waxes.


Update 11/10:

W2 Energy Inc. (PINKSHEETS: WTWO), a green energy company, is pleased to announce it will begin to market small scale biomass-to-energy systems. These new systems will cost $2.25 million, making the system affordable to the average entrepreneur or small to midsized firm.

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The small system will process 4 tons of carbon-based material per day and produce 420 gallons of liquid fuel. The liquid fuel will be comprised of high-cetane synthetic diesel, gasoline and industrial waxes.

The system will also generate electricity. The specific electrical output will depend on the feedstock. The unit can convert a variety of feedstock including coal, biomass, municipal solid waste, and sewage sludge and farm waste.

“W2 Energy intends to market our biomass-to-energy plants as a 21st century business opportunity,” says Mike McLaren, CEO of W2 Energy. “Our system can process waste, coal or biomass into electricity and the highest quality liquid fuel. The small scale of this plant allows a company or small town to turn their waste or stranded biomass resources into energy and money. We think the demand for these small waste-to-energy plants will be high.”

W2 Energy will accept down payments of $500,000 and will help finance the remainder of the purchase price.

The company is also seeking entrepreneurs with long term contracts for municipal solid waste or coal, peat or other biomass.


WTWO:  This call was made on 11/06/08 @ $0.01
Rating:   Positive   $0.01 (11/06/08)
Closed:   11/11/2008 @ $0.008 (-20.00% in 5 days)
Target:   in < two weeks


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Who voted on this idea?
blasterman N/A 11/07/2008
joka86 33% 11/06/2008



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