Hello Traders,
WPWR has the blueprint for turning waste into wealth!
WPWR (Well Power Inc.)
Very few companies fall into the business scope of converting waste natural gas into a viable green fuel alternative and after doing some simple research, I have discovered in my findings that WPWR has the exclusive U.S. rights with their proprietary technology and WPWR’s flagship Micro Refinery Unit has given it an enormous edge over the thin competition.
A recent $100,000 fee payment for a project in Texas has indicated WPWR’s intent to maximize revenues from their achievement with their Micro Refinery Unit.
The volume activity is absolutely outrageous (average volume 3.9M shares). Currently priced at $0.20 WPWR looks to be at an attractive price in my opinion; the stock was trading as high as $.75 this past March!
WPWR is a company that appears to be aggressively on the move. Through past experiences in these types of scenarios where a companies stock pulls back from a 52 week high, such as WPWR’s high of $0.83, it shows the potential to get ready for a possible upward climb.
The recent press release says it all about their potential future growth:
“Well Power Inc. update on Pilot Project collaboration”
HOUSTON, TX, April 22, 2014 /PRNewswire/ - Well Power, Inc. (WPWR),- (The Company), is pleased to announce that the Company in cooperation with ME Resource Corp.("MEC"), the licensor of Well Power Inc.'s Micro-Refinery Unit ("MRU"), for the implementation of a MRU Pilot Project in the licensed territory. The deployment and operation of a Pilot Project is an obligation of Well Power Inc.'s Licensing Agreement, whereby the Licensing Fee paid by the Company will be directed to this purpose.
The Pilot Project Collaboration (the "PPC") will give Well Power Inc. direct access to the resources of ME Resource Corp., specifically those related to the design, development, engineering, deployment and integration of the MRU.
These resources include access to ME Resource Corp.'s partners and affiliates. One such partner is Waste Stream Energy Corp. ("WSE"), MEC's subsidiary. WSE, in joint-venture with ABS Electric Group Inc. ("ABS"), a fully integrated power generation and electrical company in the Alberta Oil and Gas industry, will lead the development of the MRU. The Company will have full access to WSE and ABS resources for the PPC.
Read The Full Release Here: http://finance.yahoo.com/news/well-power-inc-pilot-project-142300227.html
BUSINESS SUMMARY
(Current PPS. $.205)
WPWR (Well Power, Inc.) has acquired an exclusive license from MEC, a Canadian publicly listed company that is creating mobile and scalable Wellhead Micro-Refinery Units (MRUs) deployable close to the wellhead to process raw natural gas into liquid fuels and clean power.
As a result of the License Agreement, the Company will begin distributing MRUs in the State of Texas and from there into other geographical areas.
WPWR is looking to position itself as a technology company, which will provide oil and gas producers and operators a solution to process otherwise wasted natural gas, including stranded, shut-in, flared and vented gas and produce valued end-products including Engineered FuelTM (diesel, diluents, synthetic crude) and electrical power.
MARKET OUTLOOK
In a nutshell: earlier this month, scientists with the Alamo Area Council of Governments (AACOG) in San Antonio released the first part of a major study, funded by the Texas Commission on Environmental Quality (TCEQ), evaluating the impact of oil and gas drilling in the region’s Eagle Ford Shale. Among other things, it found that by 2018, drilling is going to cause a major increase in the release of volatile organic compounds (VOCs) into the air: an increase of as much as 281 percent compared to 2012 levels. VOCs are linked to respiratory, neurological and other health problems. This is exactly where WPWR’s exclusive U.S. rights come into play.
Industry experts say the oil and gas business is booming in Texas. And while production is doing extremely well in the southern, western and northern parts of the state, experts say production is doing good and could get much better.
The Texas Alliance Expo was packed with the latest in equipment and technology in the oil and gas industry. Charles Herzfeld says when his company started in 1956 it focused on drilling engines for drilling rigs. Now, the oil & gas business has shifted to natural gas and he says the government is keeping a close eye on the environment side of it.
"Environmental regulations are requiring different types of equipment so the industry has been busy with the vapor recovery end of our business and the need of immediate attention in the natural gas processing and waste control.
INVESTOR HIGHLIGHT
A collaborative agreement has been signed so expect rapid price activity as news arises about WPWR’s project getting into their launch phase.
The foundation of WPWR’s business model is second to none.
WPWR has strong momentum and has been consolidating for some time. Just a smidgen of a move upward could result in a super-duper heavy-duty run.
The table is set for WPWR. If all else falls into place, this could be the feast of the week!
