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   Microcap & Penny StocksMicrocap Potential Homeruns--Credible, and Reporting


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From: betchabgone4/16/2015 3:50:03 PM
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DVG.v - one to keep an eye on - Expecting Divergent Energy Services to release news on the results of their new linear magnetic pump early to mid next week...market starting to percolate. Cheers, BBG

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To: betchabgone who wrote (1036)4/29/2015 10:03:13 AM
From: betchabgone
   of 1056
 
Here is a follow up news release

Mr. Ken Berg reports

DIVERGENT ENERGY SERVICES CORP.: SUCCESSFUL INSTALLATION OF THE LINEAR ELECTRIC SUBMERSIBLE PUMP

Divergent Energy Services Corp. has successfully installed and continuously operated its linear electric submersible pump. The newly installed pump has now been running continuously and without incident since start-up, with over 160 hours of operation to date.

As stated in its press release of April 22, 2015, the company returned to the field to install a third pump that incorporated a new bushing design. The bushing had been identified as the source of failure in the first two pumps.

In addition to the new bushing, additional software has been developed that provides automated protection against overheating by reducing the motor speed. This is critical as permanent magnets have an upper temperature limit at which point the magnetism begins to deteriorate.

The key observations of the pump's operation are:

  • The new bushing design appears to have resolved the friction issue.
  • The control panel's automated temperature-protection software that reduces pump speed to protect the motor from overheating has successfully activated itself, reducing pump speed until the motor cools and then resuming to the programmed speed.
  • The pump is functioning efficiently and has produced the expected volumes.
  • The modem/cell device is successfully transmitting data in real time.


  • Ken Berg, president and chief executive officer of the corporation, commented: "Our team has done an amazing job in responding to the test results. The test accomplished its primary purpose of identifying any design flaws within the product. The quick resolution and implementation of the changes gives me great confidence to move ahead with further installations."

    We seek Safe Harbor.

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    To: Steve from CA who wrote (1035)6/6/2015 1:51:59 PM
    From: Steve from CA
       of 1056
     
    PYDS. What a piece of crap this stock turned out to be. Lesson learned - I'll be sticking to minimum $5 and up stocks and mostly greater than $15. Good luck!

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    To: Steve from CA who wrote (1038)6/6/2015 2:45:04 PM
    From: Ted M
       of 1056
     
    Hi Steve. Best to you. Microcaps are rife with risk. I view the recent legal 'investigation' as meaningless, but I guess one can't say for sure. That firm is known for putting out tons of similar PRs, and the few I've seen don't seem to be anything more than a design to manipulate the stock price by producing fear. PYDS went up fairly quickly, and I sold some also, but it is reporting numbers that put it ahead of the vast majority of OTCs, so I am still watching it..if they really do make it to a higher exchange we may see another move upward.

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    To: NAG1 who wrote (1022)8/17/2015 9:38:31 AM
    From: Ted M
       of 1056
     
    Good to see this in the NT filing today, as confirmation. Looking forward to hearing from the interim CEO soon:

    <<It is expected that for the three and six months ended June 30, 2015, the Company will report that its revenue increased and cost and operating expenses decreased compared to those for the comparable period in 2014. It is expected that for the six months ended June 30, 2015, the Company will report that its loss from operations decreased and net loss decreased compared to those for the comparable period in 2014, and that for the three months ended June 30, 2015, the Company will report an operating gain and net gain compared to losses reported for the comparable period in 2014.>>

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    To: Ted M who wrote (1040)8/17/2015 9:55:45 AM
    From: NAG1
       of 1056
     
    Ted,

    That is good to see. It sounds like the improvements will be coming from the money for the software upgrades that were due this past quarter that allowed them to put off any additional financing for the time being.

    All this makes me wonder if Raefield was pushed out with all the bad news tied to him and the new guy gets to operate with a different company going forward.

    I was looking at the insider trading over the past 8 months and lots of shares were bought at 8 cents. Makes me wonder if some significant parts of the government business got pushed out further or if Raefield was not being realistic with his guidance and reports to the board. I lean towards the former scenario. I don't think anyone saw the share price dipping under 2 cents a share but that is what you get when investors go running for the hills.

    It will be interesting to see what happens with the share price. If Viscount can get some significant insider buys here, with this new news, we might be able to regain a good part of the losses for the year to date.

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    To: NAG1 who wrote (1041)8/17/2015 11:37:20 AM
    From: Ted M
       of 1056
     
    maybe we'll get a clearer picture soon. The new website design is a recent plus, and now this report -- if the company plays their cards right they can return to levels of a year ago and more, but they need to focus on the bottom line before anything else IMO. The software license and also the decision to re-invigorate their legacy line are 2 other positives toward that end. I'm ready to look forward and put the past behind us, and if things go our way (cross fingers) I think the market will do the same. At current price levels with a few good pieces of news this could attract some attention as it could appeal to a lot of people on several different levels (value, growth, big contract potential, etc..).

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    To: NAG1 who wrote (1041)8/18/2015 12:00:17 PM
    From: Ted M
       of 1056
     
    is 'net gain' implying a profit? I just realized it may only be saying things improved, ie a 'gain', although typically that would mean a profit.

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    To: Ted M who wrote (1043)8/18/2015 7:58:37 PM
    From: NAG1
       of 1056
     
    Ted,

    I thought that a profit could be a possibility this past quarter especially since they said they would not need to raise money immediately. In the very least, they should have been cash flow positive.

    Neal

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    To: NAG1 who wrote (1044)8/18/2015 9:40:01 PM
    From: Ted M
       of 1056
     
    I too was expecting a pretty decent quarter. I was just re-thinking my assumption about what 'net gain' means...we'll know soon enough. Conf call on Friday.

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