RZTI - Raser Technologies Inc. - Page 21

Think it was more like 1.8 when he plugged it, it ran to 1.95 ish then rolled over and poked itself with a stick. Early Sept?

No it ran up to 2.10 or so stayed in 1.9s for a while and then continuous downfall. Why is CW obsessed with mentioning TG everywhere, he is gone and obviously he misses him.

RZ -- great news and coverage out (dirt cheap play)

(RZ) -- NYSE Stock still under a buck $1, w/GREAT news out

PR (closes up to 19M in financing) -- http://www.quote.com/news/story.action?id=BIZ035b8393

Raser Technologies Closes Up to $19 Million Financing with Fletcher International $1.22 per Share Redemption Price Floor Represents a 37% Premium
Thursday February 04, 2010 08:00:17 EST
PROVO, Utah, Feb 04, 2010 (BUSINESS WIRE) --


GREAT Added coverage out on the company/stock -- http://www.quote.com/news/story.action?id=MTO035u8157

input ticker if need be -- http://www.**************.com/quote.php

yahoo link -- http://finance.yahoo.com/q?s=rz

chart link -- coming off bottom, could run hard to 1.40 -- http://stockcharts.com/h-sc/ui?s=rz

web site -- http://www.rasertech.com/


Raser Technologies, Inc.
5152 North Edgewood Drive
Provo, Utah 84604

Tel: 1-801-765-1200
Toll Free: 1-888-81-POWER
Fax: 1-801-374-3314

info@rasertech.com

Loving the nice Green candle yesterday after the stock hit rock bottom of .88, I'd be willing to drop a few k into this 1 for a quick trade if nothing else... Really like the reversal from yesterday, just too bad it didn't close at HOD!!

not confident with RZ

This should do nicely today...


Raser Receives Approval for $32.99 Million U.S. Treasury Grant

Raser’s Thermo Project to Receive Recovery Act Grant Funds

PROVO, Utah--(BUSINESS WIRE)--Raser Technologies, Inc. (NYSE: RZ), an energy technology company, announced today that the U.S. Treasury has approved its renewable energy grant application for the Company’s Thermo No. 1 geothermal power plant. The grant is provided by the U.S. Treasury Department under the Section 1603 renewable energy grant program created by the American Recovery and Reinvestment Act of 2009. Raser should receive the funds within five business days.

“These grant funds place the Company in a strong position to continue developing our extensive geothermal assets, and to deliver clean renewable energy.”

“We are very pleased with the approval of our application,” said Nick Goodman, Chief Executive Officer of Raser Technologies. “These grant funds place the Company in a strong position to continue developing our extensive geothermal assets, and to deliver clean renewable energy.”

As previously announced, the funds will go to retire debt and obligations relating to the Thermo No. 1 Project. In addition to the grant funds, Raser is reaching out to new potential tax equity partners in an effort to capitalize on the remaining estimated $15 to $20 million of tax benefits at the Thermo No. 1 project, such as deductions for accelerated depreciation. As part of the project restructuring announced in December of 2009, Raser became the sole owner of the Thermo No. 1 project, opening the door for Raser to bring in a new tax-equity partner in the future.

Kraig Higginson, Chairman of Raser Technologies, commented, “The approval of our grant application is a positive step in our restructuring and will help us move ahead with additional geothermal projects. There is tremendous opportunity in our resource portfolio, and together with our technology and financing partners, we expect to play a significant role in the geothermal space going forward. I believe that geothermal power will prove to be a major component in the overall renewable energy expansion, and that those who take advantage of the available technologies and financing options, will be well positioned to capitalize on these opportunities.”

The Section 1603 grant program is offered by the U.S. Treasury to qualified renewable energy projects in lieu of investment tax credits or production tax credits. The grant amount for most geothermal projects is equal to 30% of the authorized capital costs of the project.

I'm in, looks good to me!

how about now?

RZ Back in play with action today

(RZ) -- back in play with outstanding Grant news out ~~

current -- RZ Bid: 1.12 Ask: 1.13 Last: 1.12 Chg ($): 0.16 Vol: 2,391,017

http://www.quote.com/news/story.action?id=BIZ048b8301

Raser Receives Approval for $32.99 Million U.S. Treasury Grant Raser's Thermo Project to Receive Recovery Act Grant Funds


added coverage -- http://www.quote.com/news/story.action?id=MTO048u0515

input ticker symbol if need be -- http://www.**************.com/

yahoo link -- up 18% and looking great http://finance.yahoo.com/q?s=rz

chart link -- nice jump up http://stockcharts.com/h-sc/ui?s=rz

web site link -- http://www.rasertech.com/

Raser Technologies, Inc.
5152 North Edgewood Drive
Provo, Utah 84604

Tel: 1-801-765-1200
Toll Free: 1-888-81-POWER
Fax: 1-801-374-3314

info@rasertech.com

Looking good PM! We should continue our run from yesterday.

this stock is a joke. Wouldn't even be around if it wasn't for the government.

Is there any chance for positive earnings? What do they have that's actually generating money right now? Every "positive" PR seems to be additional financing.

yes indeed. If it wasn't for constant financing this company wouldn't exist.

they have this "technology" for a hummer that is no longer going to be manufactured. Geothermal is self reliant or has yet to prove it.

From the Q4 results it looks like there actually up and running on the Geothermal and actually making money off of it.

http://www.businesswire.com/portal/s...30&newsLang=en

During the three months ended December 31, 2009, the Company reported revenue of approximately $942,000 compared to approximately $5,900 in the three months ended December 31, 2008. During the second quarter of 2009, the Company began selling electricity generated from its Thermo No. 1 Plant to the City of Anaheim, California. For the year ended December 31, 2009, the Company generated approximately 25,200 MW hours of electricity, which was sold at an approximate price of $79.5 per MWh.

Cost of sales for the fourth quarter were $2 million compared to $0 in the three months ended December 31, 2008. Gross margin was approximately $(1.1) million for the fourth quarter compared to gross margin of approximately $5,900 during the same period in 2008.

that aint shit. for a company of this supposed size.

Never said it was shit friend but it is better than how they were performing.

no ill intentions, just lost money on this stock and have done tremendous studying on this stock only to realize I didn't do enough before I bought in. I've sold this stock a while ago.

way down but not out...yet...