|
|
WesPac Technologies Corp. |
|
Shares Outstanding |
|
Shares Float |
|
Current Price |
|
|
Our thoughts: For years investment strategists have been telling people to diversify and for us that philosophy also holds true for companies with successful business models. This is why we decided to look for an organization that appeared hot on the acquisition trail. Managed effectively, this model vastly helps to improve cash flow and increase top and bottom line growth via diversification. In doing this we came across a company whose primary strategy has been to acquire energy related assets such as Oil and Gas properties, Fuel Cell Technology and Bio-Solid Waste Management Technology. In other words we came across a company that we call a sleeper, meaning it is not that well known amongst the general public but will be soon enough. That companys name is WesPac Technologies which is headquartered in Dallas, Texas and headed up by President Terrence A. Tecco. Mr. Tecco has been the key element to many successful joint ventures and mergers in the oil and gas industry. His right hand man, Vice President David Tettleton, has a 35 year solid record of success in exploration, operations, management and has worked with some heavy hitters such as the likes of Exxon USA and Campbell Energy Corporation.
|
|
Due to the Middle Easts current environment and the world for that matter, industry leaders have been working hard at trying to find other sources and places from which they can extract more fuel rather than having to rely on certain regions and people of the world. WesPac is one of those leaders. Currently WesPac has been acquiring numerous smaller wells from companies that cannot capture the full potential of their production due to costly ineffective recovery methods. WesPac is then able to purchase wells under market value, increase output of oil and gas several times the normal output, thus turning it into a profitable operation. The company is also looking to acquire additional oil and gas properties in West Texas, South Louisiana, Pennsylvania and New York. WesPacs objective will be to focus on domestic and U. S. reserves but will consider involvement in viable foreign markets. |
|
As environmental concerns continue to grow, WesPac
has begun to focus much of its attention on alternative energy
technologies such as fuel cells. On April 4th, 2002, WesPac
Technologies Corp. entered into a joint venture with Tuaoi-Two
Communications involving the Solid State Turbo-Hybrid Fuel Cell
Technology (SOFC). The SOFC program aims to develop commercial
electricity generation products that provide high energy conversion
efficiencies, greatly reduced greenhouse emissions, lower power
generation noise levels and competitive electricity costs. System
studies to date indicate that fuel cell/turbine hybrids could
realize 25 percent increase in efficiency and 25 percent reduction
in cost for a comparably sized fuel cell. WesPacs goal
is to develop solid oxide fuel cell products that will enable
customers to generate electricity on their own premises, using
natural gas and oil as the fuel source. The on-site power generation
paradigm is gaining increasing attention throughout the world,
particularly in the USA, and developing Latin American countries.
Market assessment studies indicate a major global market for
this type of product.
|
|
In a recent development, the first Waste Management Plant that WesPac Technologies Corp. has been currently working to acquire, has now been approved for the processing of human and animal waste, passing requirements with the EPA, DEP and the NPDES. The process converts the animal and human waste into a viable and in-demand organic fertilizer, when mixed with the proprietary co-products. The animal and bio-solid waste conversion to organic fertilizer exceeds the EPA mantra of REDUCE, REUSE, RECYCLE, and RETURN to the EARTH. This environmental and ecologically friendly process uses no hazardous or toxic chemicals. Unlike traditional lime based processes, this technology is true waste recycling. The final product which is in a dry gray granular form, can be fully utilized as it is nutrious, organic material, ideal for soil conditioning and agronomic filling. Furthermore, WesPac intends to expand this proprietary technology throughout regions of the United States. Once again the company has focused on environmental concerns while incorporating a business model which will allow them to take full advantage while increasing current market share and helping to significantly improve the bottom line. Due to the companys strong management team, its diversification strategy and keen sense for knowing what businesses will prove to be most profitable due to the worlds current state of affairs, we believe WesPac is clearly on the right track to becoming a true global leader! |
Disclaimer: Market Advisory News provides information on selected companies that it believes has investment potential. Market Advisory News is not a registered investment advisor or broker - dealer. This report is provided as an information service only, and the statements and opinions in this report should not be construed as an offer or solicitation to buy or sell any security. Market Advisory News accepts no liability for any loss arising from an investors reliance on or use of this report. An investment in WPCT is considered to be highly speculative and should not be considered unless a person can afford a complete loss of investment. Market Advisory News has been retained to distribute this report on WPCT and has been paid 200k free trading shares by a third party. This report involves forward looking statements, which involve risk, and uncertainties that may cause actual results to differ materially from those set forth in the forward - looking statements. For further details concerning these risks and uncertainties, see the SEC filings of WPCT including the companys most recent annual and quarterly reports. |
|