David Pescod features WEE again...WEE in the spotlight again. It's not too late to take a position ...
cheers,
Lucy.
PS to Chief - thanks for your great posts. Long live the Chief!
David Pescod's Late Edition 11/16
WAVEFRONT ENERGY (V-WEE) $2.62 -0.21
FIRST VENTURE TECHNOLOGIES (V-FEB) $0.76 n/c
Back on August 25th, we did a piece that involved Don Mosher
along with partner Brad Aelicks. These are the people behind B&D
Capital Partners. They help raise money for junior companies, they
give corporate guidance and they also offer public relations services.
One of their big projects has been Skygold Ventures (SKV) for their
Spanish Mountain project in BC, which they currently are back at
work on now. The one stock of interest that we didn’t write up on
August 25th, but published their name and did a chart on was Wavefront
Energy. At the time it was a mere $0.30 a share and that’s why
Don Mosher is in our bad books!
Through B&D, they raised money for Wavefront at both $0.25 and
$0.50 in private placements. He told us five or six times that we
should have been involved in this company way back at those price
levels, but he was an incredibly poor salesman. A decent person that
sure of the possibility for Wavefront’s new technology, would have
been much more insistent and called us at least ten times and maybe
even beaten us over the head!
The result—we weren’t into this story until it was $0.70 and higher.
So Don Mosher owes us one and to get back in our good books, he
has to pay the price. The rules are standard...he must come up with a
junior stock that’s bound to be a double over the next 6-12 months
and he can have no conflicts of interest with the company (he can not
be an insider of the company, or be involved in raising money for
them either).
He comes up with another story that is both a little bit out of left
field, but also intriguing and that is First Ventures Technology (which
only has 13.5 million shares out-standing and they have $2.4 million
in the bank). First Ventures Technology has taken some of the technology
developed by the University of B.C. to the public markets.
This story involves yeast. Something that is used in many products—
from wine, to bread, to beer to you name it, but yeast has a
problem….ethyl carbamate, which is a bi-product.
What’s wrong with ethyl carbamate? Well it is a carcinogen, and
that’s not good. The University of British Columbia research team
has come up with a new form of yeast, which has ethyl carbamate
levels at only a small fraction compared to the current widely-used
yeast and Mosher suggests, he wouldn’t be surprised to see this
product doing sales of $20 million a year within three years.
Meanwhile, he expects the company to take other research from
University of British Columbia and develop it as well over time.
Wavefront Energy
www.onthewavefront.com
First Venture Technologies
www.firstventuretech.com