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QPRJ...just off the 52 week lows, 50 day moving average is 0.22 after such a big ndisplacement from the average I'm looking for at least a 50% retracement which would have the stock at 0.14. with 0.15 being recent restsiance , a push through could drastically change the landscape on this one.
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QPRJ
+ 25% up tick RSI LINE @ 35.93 up trend Mac D just went over the signal ADX @ 45.27 QUADRA Discussing Financing of Assembly Plant in China LAS VEGAS, NV, Dec 30, 2009 (MARKETWIRE via COMTEX) -- QUADRA PROJECTS INC. ("Quadra" or the "Company"), its stock quoted on the OTC BB under the trading symbol (OTCBB: QPRJ), announced that Management of the Company has met with Senior Management of CANDA GREEN INDUSTRY INC. ("CANDA") (our proposed Joint Venture partner) to discuss what documentation and projections are required so that CANDA can finalize financing for the Joint Venture's proposed Assembly, Municipal waste and Waste tire conversion plant in China. Preliminary discussions have been held by CANDA Senior Management with its Bankers who have indicated that up to $10Million USD will be available for the Joint Venture purposes. As an initial step, Management of CANDA has requested that the Company prepare financial projections for the operation of the Assembly plant for China. Also Senior Management of CANDA have indicated that they have significant International financial and business relationships in Asia which they desire to pursue in conjunction with the Company. The Company is preparing a Memorandum of Understanding to cover these prospective arrangements. With these discussions and prospective Joint Venture Agreement, our shareholders are becoming part of the leading business venture in waste to energy conversion technology in China. Management is very pleased to deliver this opportunity to our shareholders to unlock the value in our Company. Further by our entry into this proposed Joint Venture with CANDA and its relationships with the regulatory and Governmental authorities in China, we believe the Company will grow faster than a stand-alone Company in China. Management of the Company is of the opinion that the patented QES2000 System is the most advanced pyrolysis and gasification system in the world, specifically designed to convert all organic waste such as palm husks (including used tires, plastic waste and municipal waste etc,) to valuable by-products such as N220 carbon black, biochar fertilizer, and/or fuel oil or fuel gas for the production of electrical power, without any measurable environmental pollution or ash to be land filled. The QES2000 System is designed to meet the Global challenges of the 21st Century wherein natural resources are being exhausted, the petroleum industry is unstable and uncertain in terms of cost and supply and the world is seeing a degradation of the Global environment. Because of the affordability of the QES2000 System, and the creation of significant revenue streams from the by-products, the return on investment is much greater than other competitive systems. About QUADRA PROJECTS INC. QUADRA PROJECTS INC. intends on becoming a leading green energy company focusing on environmentally friendly opportunities focusing on its leading waste to energy technology and other green industry opportunities existing world-wide. |
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QUADRA Signs Letter of Intent for Marketing Carbon Black
Buzz up! 0 Print..Companies:Quadra Projects Inc..Related Quotes Symbol Price Change QPRJ.OB 0.09 0.00 {"s" : "qprj.ob","k" : "c10,l10,p20,t10","o" : "","j" : ""} Press Release Source: QUADRA PROJECTS INC. On Wednesday December 30, 2009, 5:06 pm EST LAS VEGAS, NV--(Marketwire - 12/30/09) - QUADRA PROJECTS INC. ("Quadra" or the "Company"), its stock quoted on the OTC BB under the trading symbol (OTC.BB:QPRJ - News), announced that it has signed a Letter of Intent with Bio Earth Inc. ("Bio Earth") to jointly market quality carbon black produced by Quadra's joint venture operations in Malaysia and Indonesia. In particular, Bio Earth has a relationship with the Government of Bangladesh which is one of the prospective purchasers. Bio Earth also has end user customers for carbon black in Australia and other countries in South East Asia. The Letter of Intent calls for the purchasing all of the Carbon Black produced from the processing of palm husks from the Company's joint venture operations in Malaysia and Indonesia. The Letter of Intent further provides for an equal division of profits from the joint marketing efforts equal to the difference of the purchase price paid for the carbon black and the selling price concluded to end users of the product in South East Asia. Bio Earth's President, Brian Rabb, indicated that he sees a solid market for carbon black in Bangladesh and other countries in South East Asia at the prices tendered to Bio Earth. Management of the Company is of the opinion that the patented QES2000 System is the most advanced pyrolysis and gasification system in the world, specifically designed to convert all organic waste such as palm husks (including used tires, plastic waste and municipal waste, etc.) to valuable by-products such as N220 carbon black, biochar fertilizer, and/or fuel oil or fuel gas for the production of electrical power, without any measurable environmental pollution or ash to be land filled. The QES2000 System is designed to meet the Global challenges of the 21st Century wherein natural resources are being exhausted, the petroleum industry is unstable and uncertain in terms of cost and supply and the world is seeing a degradation of the Global environment. Because of the affordability of the QES2000 System, and the creation of significant revenue streams from the by-products, the return on investment is much greater than other competitive systems. About QUADRA PROJECTS INC. QUADRA PROJECTS INC. intends on becoming a leading green energy company focusing on environmentally friendly opportunities focusing on its leading waste to energy technology and other green industry opportunities existing world-wide. |
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Great news out yesterday after the close!! With this letter of intenet with bio earth now signed the company can sell the black carbon waste. This is more revenue for the company. This company is taking things that can not be used anymore and makeing products from begining to end. I am holding my position on this one. I have looked at the charts and it looks like an up trend is starting to form. Keep this one on your radar and look at this ine as a potental buy!! Remember to do your own dd
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QPRJ IS TRADING JUST ABOVE THE LOWS. LOTS OF NEWS OUT YESTERDAY.LAS VEGAS, NV--(Marketwire - 12/30/09) - QUADRA PROJECTS INC. ("Quadra" or the "Company"), its stock quoted on the OTC BB under the trading symbol (OTC.BB:QPRJ - News), announced that it has signed a Letter of Intent with Bio Earth Inc. ("Bio Earth") to jointly market quality carbon black produced by Quadra's joint venture operations in Malaysia and Indonesia. In particular, Bio Earth has a relationship with the Government of Bangladesh which is one of the prospective purchasers. Bio Earth also has end user customers for carbon black in Australia and other countries in South East Asia. The Letter of Intent calls for the purchasing all of the Carbon Black produced from the processing of palm husks from the Company's joint venture operations in Malaysia and Indonesia.
The Letter of Intent further provides for an equal division of profits from the joint marketing efforts equal to the difference of the purchase price paid for the carbon black and the selling price concluded to end users of the product in South East Asia. Bio Earth's President, Brian Rabb, indicated that he sees a solid market for carbon black in Bangladesh and other countries in South East Asia at the prices tendered to Bio Earth. Management of the Company is of the opinion that the patented QES2000 System is the most advanced pyrolysis and gasification system in the world, specifically designed to convert all organic waste such as palm husks (including used tires, plastic waste and municipal waste, etc.) to valuable by-products such as N220 carbon black, biochar fertilizer, and/or fuel oil or fuel gas for the production of electrical power, without any measurable environmental pollution or ash to be land filled. The QES2000 System is designed to meet the Global challenges of the 21st Century wherein natural resources are being exhausted, the petroleum industry is unstable and uncertain in terms of cost and supply and the world is seeing a degradation of the Global environment. Because of the affordability of the QES2000 System, and the creation of significant revenue streams from the by-products, the return on investment is much greater than other competitive systems. About QUADRA PROJECTS INC. LOOK FOR THIS STOCK TO MAKE A RUN!!!!!! |
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