Monday, May 17, 2010

ABKI Nano-Tech to Transform Global Pipeline Industry

The USA has 492,000 miles of oil & gas pipeline – twice as much as anyone else in the world. It is all made from steel – every single mile of it. But before even one inchof steel can be used to make an oil pipeline, it has to be coated or "clad" with special ultra-durable materials – Expensivematerials and a complicated process that can more than double its cost. Plus, the process is so time consuming, major pipeline builders often have to place pipe orders up to 5 years in advance!

But now one Company has just invented and patented an entirely new technology for cladding oil pipelines that’s up to 50% cheaper, up to 20 times stronger, last for 100 years, and is up to 100 times faster to apply – and the right now you can get in on this tremendous win before the word gets out by BUYING SHARES OF Abakan Inc. (ABKI.OB).

And here’s what’s got me so excited...

the Company has just partnered with amajor Oil Producer and is in discussions with a Huge Pipeline Company to fast track the qualification process so the technology can use it in the field right away! This oil company has announced 176 Billion Dollars in new projects over the next 5 years!

On top of that, At least 140 large scale oil & gas pipelines totaling 62,873 miles are being built now or expected to start construction between now and 2013. This Company’s technology could dramaticallyimprove the economics of EVERY SINGLE ONE OF THEM!

Here’s the good part...

Abakan Inc., a public company, (ABKI.OB) has successfully negotiated the right to acquire a controlling interest in MesoCoat. ABKI can acquire up to 75% of MesoCoat, with a possibility of another 10% to go to 85% still under negotiation with a third party.

Abakan is progressively acquiring its MesoCoat interest and has actively assumed all business development and funding operations in an arrangement not unfamiliar to Abakan CEO and serial entrepreneur Robert Miller. The Miami, FL based financier has been noted as one of the State’s most successful early stage investors.

Miller has funded over 50 companies for a total of more than 400 million dollars in early stage capital in his 25 year career, including his hallmark roles as founder and CEO of bothCrystallex, a Venezuelan gold producer with more than 17 million ounces of gold reserves (worth about 20 billion dollars at current prices), and Nanovation, a nanotechnology company that successfully raised in excess of 120 million dollars and traded as high as $65 per share!

RECOMMENDATION:
Accumulate to Initial Target of $5.65

ABKI just brought on three pipeline industry experts including an advisor revered for his experience and expertise in rolling out best of class of technologies and setting up facilities for companies in the Oil & Gas and Pipeline industry, a well-known industry rainmaker famous for spearheading multi-million dollar projects for Government, Industrial and Oil & Gas industry mega-players as VP Pipeline Coatings Sales, and a Director who is known throughout the industry globally as a leading authority on cladding and anti-corrosion technologies.

Targeted


1 comment:

Anonymous said...

I have to say, this one looks pretty good to me. A bit of a difficult story to get your head around at first (ie. it's not a gold mine or an oil well, but how often do those really pay off anyway?). Seems like some pretty serious guys involved, and at least the beginnings of some strong interest being shown by big companies. Who knows?? I'll grab a few shares here I think...