$RSSV Play, check it out and make some $$$$$$$$
Post# of 25228
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Resort Savers, Inc. Announces $2 Million Investment to Acquire Worx America, Inc. Interest
The Letter-of-Intent Equity Investment Will Secure 20% Interest in World-Wide Operations and All China Marketing, Sales and Installation Rights
http://finance.yahoo.com/news/resort-savers-i...00412.html
Resort Savers, Inc. Closes $700,000 Investment in Worx America
Deal for Exclusive China Technology Rights Includes Pre-IPO Equity Option
http://finance.yahoo.com/news/resort-savers-i...00738.html
Bullet Points on RSSV
As of yesterday RSSV has now invested $700,000 of its own money to get the EXCLUSIVE rights to sell some highly advanced oil field and refinery robots to Chinese customers.
The deal is part of a bigger $2 million deal to eventually buy the whole robot company. I’m no psychic, but that’s the press release that got RSSV moving about a month ago -- traders are intrigued!
RSSV is pretty quick to point out that China is so thirsty for fuel that they’re bumping up refining capacity at a rate close to 8% a year. Existing systems are old, dirty and leave a lot of oil stuck in the barrel.
The Chinese need to squeeze every drop because their biggest oil fields were already under cost pressure at $100. Down here at $50, I bet they’re eager to look at ANYTHING that makes operations cheaper.
Bottom Line: Whether crude is at a bottom or a top, everyone on this planet is still paying $50 a barrel for it and the CHINESE are thirstiest of all.
I get that Beijing wants to keep the domestic wells pumping for strategic purposes, but they’ll still want to cut cost corners where they can.
That means RSSV has a golden ticket to sell AT LEAST a few sludge processing robots to the Big China Oil to cover its $750,000 ante.
And even if Beijing “allows” more imports because it’s cheaper than drilling at home, the refineries still need to clean their tanks and strain their sludge.
IF THE CHINESE GOVERNMENT EVEN **LOOKS** AT FUEL PRICES FUNNY, REFINER MARGINS GO NEGATIVE. THEY HATE THAT!
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