SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : OILEX (OLEX)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Richard L. Williams who wrote (3502)6/17/1998 10:59:00 AM
From: OFW  Read Replies (2) of 4276
 
I agree, Richard. However, one of the concerns I have is that if Titan really has this 60,000 square foot manufacturing facility in Fort Worth, Texas --- how many swabbing units have they produced?

According to a press release dated June 11, 1997 through the old Imperial Energy/Funscape cover:

. . . recently announced it has current orders for the delivery of 25 units, at $110,000 each, through May 31, 1997.

So, it had orders for 25 over a year ago and so far the only units it has actually delivered are those it sold to Oilex --- and that number apparently never exceeded four or five --- at the most.

I would more than welcome any enlightening information about just how many swabbers Titan has manufactured. If the technology is as great as Steve and Joe Bill Bennett claim, I would expect that the world would be knocking at their doors.

Offie
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext