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Microcap & Penny Stocks : LGOV - Largo Vista Group, Ltd. -- Ignore unavailable to you. Want to Upgrade?

To: J T who wrote (3898)	6/14/1999 10:52:00 AM
From: jmhollen	Read Replies (1) \| Respond to of 7209

Hi JT, I was aware of some other companies, but not DIGG specifically; thanks. LGOV is buying up a lot of their existing "competition". As power generation and co-gen are something I know a little bit about, let me dissect one of their news announcements..... Digital Gas, Inc. (OTC Bulletin Board: DIGG) of Dallas, Texas today announced that it has entered into a letter of intent with Coates International Ltd. of Wall, New Jersey for Coates to design and build a proprietary, patented, combustion engine, co-generation system to run specifically on natural gas, other gases and a variety of other fuels. Coates International has extended to Digital Gas the first right of refusal to purchase an exclusive worldwide license to market the system. Everybody always wants to have "their own thing" to go to market with - however these folks are bucking one hell of a trend. Caterpillar, Onan, Kohler, Katolight and others have been manufacturing LPG/LNG-fired E-G sets for many years. Many sewage plants run their emergency generators with methane (natural gas) discharged from the Digesters. Lot's of condo's and other high-rise structures, that use gas for heating and air-conditioning, use gas-fired E.G. sets rather than include diesel fuel (which is messy and smelly). Based on the Coates Spherical Rotary Valve Combustion Engine technology, the co-generation system will run on a wide range of natural gas with a combustion engine that powers the generation of electricity with significantly higher outputs. The units will feature a Linux-based, state-of-the-art (ACCRMS) autonomous computer control and monitoring system. With the associated Digital Gas Virtual Private Network (DGVPN), authorized personnel will be able to log onto the Internet and monitor system parameters, such as oil level, power output, engine temperature, and fuel consumption. The system will also feature an intruder detection, alarm, and law enforcement notification system that will be activated if the unit is approached by any unauthorized persons. In addition, the network will enable the authorized user to control the operation of the co-generation system from anywhere in the world via a web site, as if they are seated at the machine's control console. Coates is a name I've heard of, but not in wide application. (ACCRMS) = their name for "..DCS.." Distributed (or local) Control System which uses DDC (direct digital control) or a PC/PLC combination of HMI and control. (DGVPN) = their acronym for web-based LAN or WAN (local/wide area network) Equivalent "off-the-shelf" systems are available from Allen-Bradley, Modicon, Siemens, FactoryLink, FixDMAX Intellution, etc., etc. These folks may have some interesting applications, but it looks like they are going around their elbow to get to their nose. They mentioned co-generation (which infers two systems working in concert to provide power to a specific user, or the use of waste process energy to produce additional power). I didn't really see where they explained the "other" source. It may be that they are using the gas from the oil wells to generate power; rather than "torching" or trying to store and transmit it; which they may not be licensed to do. Also, they seem to be more oriented to drilling and oilfield services (a la Schlumberger [schlum-ber-J]), than the distribution of LPG like LGOV is doing. Might be an interesting compliment to your LGOV investment.... John :-)