What was Fly on the Wall saying back when the stock ran up to $10 ? Shoot.. I don't know.. hahaha..
But if it generates volume and share price appreciation, it's ok with me.. ;0)
Personally, I've always believed that QTWW would be a takeover target at some point.
In fact, I have always suspected the Kevin Douglas' investment in the company was to advance support to his other major investment, WPRT, of which he is the largest shareholder. And I've always suspected that maybe he was priming QTWW for a WPRT acquisition of the company..
WPRT and QTWW dovetail quite well, IMO..
WPRT makes CNG injectors, AS well as CNG engines.. QTWW is creating CNG fuel management and storage solutions for ZHRO.
WPRT is focused on CNG injectors for new engines, while ZHRO is focused on the existing diesel conversion to CNG markets. Were WPRT to control both, it would give them a lot of market presence, if not dominance.
And I've always thought of ZHRO as a dark horse out there, even potential "vapor ware".. But after spending $6 Million in R&D costs, SOME ONE thinks its possible, and even probable, that soon every vehicle will be able to readily be converted to CNG using ZHRO's injector system.
Is that investor Kevin Douglas"? ZHRO is a private company, so we will not know until they go public.
westport.com
But then we have the coming news of GM's Impala Bi-Fuel launch, in which QTWW is the Tier 1 integrator. I suspect GM, after all the previous bad news they have been dealing with, MAY make a major PR push on CNG bi-fuel. Hell.. I want one.. And actually, I would rather have a CNG bifuel capability for my present vehicle.
Then there is the Ryder contract. R has nearly 200,000 vehicles, leased and rentable, available for CNG conversion. Would WPRT like to get in on that action? YOU bet they would, IMO..
Ryder is a HUGE market opportunity for QTWW and those aligned with it.. Truck lease and rental businesses need every edge possible to get people to do business with them. And reducing their fuel costs associated with rental and leased vehicles is a big part of how customers decide who they get their trucks from.
So what is QTWW worth for access to those markets? Who would want to control that technology and the attached customer base? What does that make QTWW worth?
I would like to think far more than $10/share.. which would equate to a measly $240 million market cap.
One more thing I saw on Stocktwits.. And if I'm wrong about this then stand me corrected. But QTWW, over the years of losses has accumulated a tremendous tax-loss carry forward. In the hundreds of millions of dollars..
And I believe that any acquiring company would be able to utilize those tax-loss carry forwards to be applied against their own profits, thereby reducing their tax liabilities.
What is that tax loss carry forward worth?
Hawk |
