Canada Markets close in 6 hrs 4 mins

Cavitation Technologies, Inc. (CVAT)

Other OTC - Other OTC Delayed Price. Currency in USD
Add to watchlist
0.01290.0000 (0.00%)
As of 1:01PM EDT. Market open.
Sign in to post a message.
  • l
    lawrence
    Hmmmmmmm 500K traded on no news naturally and the PPS inched up a tad. Maybe they did their annual Desmet deal.

    As always, time will tell.
  • S
    Stephen
    PR isn't sinking in.....5 years ago stock was at .07.....when the company had a lot less in pipeline. Its far from those days.
  • J
    Jeremy
    falls 10% on $1k in trades. i make more than that in a day.
  • l
    lawrence
    As much as $9 billion will be needed over the next decade just to throw away dirty water in the world's busiest shale field.
    As much as $9 billion will be needed over the next decade just to throw away dirty water in the world's busiest shale field.
    www.rigzone.com
  • A
    Anonymous
    A new device that more than doubled its Kickstarter goal in just a week could be an industry disruptor or opportunity.
    A new device that more than doubled its Kickstarter goal in just a week could be an industry disruptor or opportunity.
    www.nightclub.com
  • l
    lawrence
    From CVAT's WEB site - sounds like a perfect fit as a back-end addition to Petrotek's process. Just slip CVAT's skid into place, hook 'er up and out comes much improved oil for the refinery. Wonder how long it will take to build, ship and install the unit.

    Petroleum Upgrading

    Based on the results of thorough testing, the Company’s proprietary technology of petroleum upgrading was proven to be capable of breaking down asphaltene agglomerates, improving both the viscosity and API gravity for a prolonged period of time, reducing pumping and atomization costs, facilitating hydrocarbon cracking and increasing the refining yields.

    When petroleum is fed into a flow-through, multi-stage, specialized cavitation device with a pump at a proper velocity, advanced hydrodynamic cavitation generates numerous vapor-filled bubbles in the flow. The implosion of the bubbles results in vigorous mixing and creates local pressure and a temperature up to 1,000 atm and 5,000 K, correspondingly. The cavitation heats petroleum, disrupts its matrix and improves API gravity and viscosity by 10-15%. Asphaltene agglomerates and hydrocarbons are broken down, which facilitates their fragmentation into more valuable products. The treatment changes the Bromine number by 6-16% and may generate hydrogen from water, which results in the termination of radical reactions. The typical capacity of CTi’s state-of-the-art hydrodynamic devices and skids, which can be installed in line, is 3,500 barrels per day (bbl/day) and higher. Power consumption is about 650 W per barrel. All of the Company’s devices are compact, durable, turn-key, easy to install and maintain and feature superior performance in: mixing, de-agglomeration, dispersing, emulsification, atomization, desalting, crude oil dewatering, waste water de-oiling and phase-transfer reactions. The cavitation of oil and the FCC feed lowers the cost of pumping and atomization, reduces the amount of steam or low molecular weight atomizing agents and facilitates the cracking of hydrocarbons, which increases the gasoline yield. Refineries and plants dealing with processing petroleum-derived products may experience additional benefits through the implementation of CTi’s devices and technologies.

    As always, time will tell.
  • M
    MinPin254
    looking good!!
  • J
    Jeremy
    this stock hasn't moved in years with no indication of improvement we've seen
  • S
    Stephen
    .04 today?
  • l
    lawrence
    Maybe, just maybe, the latest PR is starting to sink in with a few investors.

    As always, time will tell.
  • J
    Jeremy
    any idea when their table top cavitation system will start to sell? looks promising if they can actually make it a reality.
  • M
    Mr. C
    @stephen,
    " The System is capable of removing heavy metals, fats, oil, grease, complex organics, bacteria, viruses and cysts, and suspended and colloidal solids; breaking oil emulsions in water and processing multiple contaminants"

    If this could be scaled up......
    C.
  • D
    DONA
    Cvat stuck so it cant seem to get in the .03 and .04 range. It seems to have a lot going on...oils, water treatment, vodka, a home use enhancement for booze but nothing is moving the needle. Even with great announcements it does help stockholders value? Has anyone have news on the vodka or home use machine?
  • l
    lawrence
    From Petroteq's latest PR - CVAT's technology is an unnamed suitor for PQE's extraction process.

    Mr. Vladimir Podlipskiy, Chief Technology Officer of Petroteq, stated, “The operational readiness of the facility coincides with the laboratory testing that we have been conducting. With multiple samples that have been taken from our mining operations, we have determined the proprietary solvent molecular and volumetric specifications to effectively and efficiently work with our proprietary extraction process. We are also looking at the many new and compelling products that will work with and integrate with our proprietary solvent process to improve the separation of oil from sand as well as stabilize and reduce asphaltenes in the oil to produce a better grade of heavy oil.
  • l
    lawrence
    Re this 2018 PR from Petroteq, I have it from a decent source that CVAT's unit is operational at the bitumen site in Utah. I had every confidence that the technology would work on the bitumen. The only question was, Would it work well enough to justify continued use and since it's still in use, I take it that it's another successful application for the technology.

    Studio City, California--(Newsfile Corp. - July 10, 2018) - Petroteq Energy Inc. (TSXV: PQE) (OTC Pink: PQEFF) (FSE: PQCF) ("Petroteq" or the "Licensee"), a company focused on the development and implementation of proprietary technologies for the energy industry, announced an agreement with Cavitation Technologies, Inc ("CTi" or the "Licensor"), a company providing highly scalable and cost-effective solutions to various fluids processing industries. The companies have entered into a licensing agreement to test its equipment during oil production for workflow efficiencies and to lower its cost of production obtained through Petroteq's oil sands extraction process.

    The agreement between Petroteq and CTi will seek to generate a modification of non-conventional oil, in the form of bitumen, obtained through oil sands. CTi's Nano Reactor System™ utilizes proprietary technology that is capable of influencing and altering the chemical and physical composition of certain crude oils and hydrocarbon substances in a manner that may enhance the yield and economic value of refined or processed oils and related hydrocarbon products.

    "We are excited to be partnering with CTi. With our recent upgraded facility site, we are now exploring opportunities to make our products more cost-effective and efficient. We feel that it is important to engage on the innovation of our R&D with other compelling technologies that have the potential of generating scalable solutions within the industry," commented David Sealock, Chief Executive Officer of Petroteq.
  • A
    ALF Tanner
    I looked at this stock 10 years ago and decided to pass. I cannot believe it is still around. Even if this company does have a good technology, they will NEVER figure out how to make a profit on it. This is just another zombie company that will probably limp along for another 10 years. By then it will probably be trading at one tenth of a penny.
  • l
    lawrence
    I'd say prospects are looking better for CVAT and their partner, EnviroWatertek,as this article points out that Lea and Eddy counties in Southeastern NM appear to be in a sweet spot for shale drilling which ought to increase interest and hopefully demand for CVAT's technology.

    As always....

    https://www.rigzone.com/news/permian_state_faces_methane_test-27-aug-2019-159653-article/?utm_campaign=WEEKLY_2019_08_30&utm_source=GLOBAL_ENG&utm_medium=EM_NW_F6
    New Mexico officials claim they are not trying to stifle the industry.
    New Mexico officials claim they are not trying to stifle the industry.
    www.rigzone.com
  • S
    Stephen
    anyone know why it cant break the $0.04 ceiling?
  • l
    lawrence
    Another fairly recent article from the USGS re the Permian basis prospects. Look at the map to see that the southeastern part of NM is part of it and that's where Enviro Watertek's client is using CVAT's water cleanup tech.
    https://www.usgs.gov/news/usgs-announces-largest-continuous-oil-assessment-texas-and-new-mexico

    FWIW, looking at EW's web site, it certainly looks like the pictures and descriptions of their offerings came straight from Cavitation's web site.

    Certainly would be nice to get an update but nothing before their own sweet time.
    Assessment units for the Wolfcamp Shale and Bone Spring Formation of the Delaware Basin.(Public domain.)
    Assessment units for the Wolfcamp Shale and Bone Spring Formation of the Delaware Basin.(Public domain.)
    www.usgs.gov
  • S
    Stephen
    52 week low another wasted year. Have lots in the pipe line but no stockholder value.