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$1.57 0.02 (1.29%)
10/7/2008 12:06 PM

Sulphco, Inc. (SUF)

CAPS Rating:
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The Company is engaged in the business of developing and commercializing its patented and proprietary technology for the upgrading of crude oil by reducing its relative density, its viscosity, and its sulfur and nitrogen content.

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Avatar kad472487 (93.56) Submitted: 10/16/07 5:21 PM : Underperform Start Price: $7.84 SUF Score: 47.68

First of all, if "Sonocracking" technology, as SUF calls it, really worked (or had any chance of working), I don't think it would be stuck in a company with a 626M market cap for almost 9 years. A couple exact quotes from their latest annual report:
"Our technologies are not fully developed, are commercially untested, and therefore, the successful development and commercialization of our technologies remain subject to significant uncertainty."
" We have not yet generated any material revenues since commencing these activities in January 1999. Commercial application of our technologies will require further investment, development and testing. We may be unable to complete the commercialization of our technologies on a timely basis, or at all."

I don't expect this technology to work out at all, and with no revenues, I don't believe SUF will be able to operate much longer.
Also, just for kicks, the stock has crossed below its 10 day SMA, and I look for it to cross below its 50 day SMA and stay there, as well.

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