GETC - Geotec, Inc. -- Clean Coal Technology

[greatday8]

China does import coking coal, but mostly from Australia which has a high ash content. Most coking coal is of poor quality, and 13 percent ash as with the Chinese material is the better quality. Australia is higher, and not with as much Btu content.

Look at the ash content of Geotec/Richcorp's asphaltite...whoops, there isn't any!.

"Richcorp must compete with a limited number of asphaltite mines in Argentina and
with coking coal from Brazil, China and other locations worldwide. The key and
leading factor of the Richcorp material is the 97% carboneous concentration, and
zero ash concentration, which is unique, worldwide."

[FALCON64]

Nice work on this  greatday, but I sure would like to see someone else weigh in on this too.

[greatday8]

This is a surprise and great news...terminate an acquisition if it cannot perform as required in the acquisition agreement. TelcoEnergy acquisition was terminated because they did not perform as required.

That is history and now to watch for what is working, making progress. Dump the weak links and keep focused on the strong links.

=============================================

Geotec Thermal Generators Inc · 8-K · For 10/3/5
Filed On 10/4/5 2:49pm ET   ·   SEC File 0-26315   ·   Accession Number 1161697-5-1078

ITEM 1.02
TERMINATION OF A MATERIAL DEFINITIVE AGREEMENT

On October 3, 2005, Geotec Thermal Generators, Inc. ("Geotec" or the "Company") terminated its agreement to acquire Kodiak Productions, Inc. ("Kodiak"), a Wyoming corporation, based upon Kodiak's failure to deliver agreed upon consideration for the transaction. The Company's board of directors has authorized the Company to commence litigation to recover $4,206,000.00 in damages that it has sustained from the transaction and to pursue other remedies.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


GEOTEC THERMAL GENERATORS, INC.


  By:  /s/ Bradley T. Ray
  Bradley T. Ray
  Chairman of the Board of Directors

[greatday8]

Date of Report: September 30, 2005
 

URBAN TELEVISION NETWORK CORPORATION

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(Exact Name of registrant as specified in its Charter)


        Nevada                   33-58972                    22-2800078
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(State of Incorporation)  Commission File No.   IRS Employer Identification No.)



2707 South Cooper St.  Suite 119   Arlington, TX                    76015
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(Address of principal executive offices)                       (Zip Code)


Registrant's telephone number, (   817   )      303       -      7449
                               -----------  -------------   ---------------


--------------------------------------------------------------------------------

(Registrant's former name and address)

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Item 1.01 Entry into a Material Definitive Agreement.

On September 30, 2005, we entered into a Stock/Commodity Exchange Agreement with Geotec Thermal Generators, Inc., a Florida corporation that maintains its principal place of business at 110 East Atlantic Avenue, Suite 200, Delray Beach, FL 33444.

The Company acquired two hundred thousand tons of mined coal with a minimum appraisal of $4.6 million in exchange for one hundred thousand preferred shares of URBT (the "Preferred Shares" or "Securities") with a stated value, and convertible to $4.6 million worth of common stock of the Company (the "Common Shares").

URBT principal and CEO and Miles Investment Group, LLC, President and General Manager, Jacob R. Miles, III, has advised the Parties that Miles Investment Group, LLC will be providing URBT with a sufficient number of Common Shares to facilitate fulfillment of the conversion obligation of URBT set forth herein.

The proposed use of proceeds raised from the Company's exchange of the Shares for the coal is for the Company to build URBT's working capital and asset value.

 
Item 9.01 Financial Statements and Exhibits

(c) Exhibits

Exhibit No. Description


-------------------------------------------------------------------------------- 

http://yahoo.brand.edgar-online.com/doctrans/finSys_main.asp?formfilename=0001010549-05-000695&nad=

[greatday8]

Geotec \ Richcorp new web site!

Welcome to Geotec\Richcorp


Geotec and Richcorp have re-organized and are focusing their efforts as a team to effect a synergistic redirection of the two companies.
Both companies became heavily involved in the research and acquisition of alternative fuel sources that relate specifically to heavy hydrocarbons and their conversion to lighter more useable forms. This synergy and symbiotic sense of purpose has resulted in both companies reconsidering their short term objectives. The long term objectives remain the same for both entities;

Geotec and Richcorp has become synonymous with the true definition of "GREEN ENERGY", as this is exactly what we want to do as suppliers of alternative energy sources, renewable energy sources and technologies and a provider of services to remediate the remnants of their short-sighted operations.

Our methods and ideologies have evolved by careful study of what the well known energy and mining companies do to extract resources, how they handle them and what they have left behind for someone else to deal with. We have also examined their lack of responsible action with the residues and waste products that are both left behind and created through the inefficient use of a precious commodities.

We will also augment conventional energy in a way that provides a positive impact to the conventional extraction of natural resources, the processing of conventional fossil fuels of all types and the conventional methods of producing electricity.

We have established synergistic strategic alliances with well documented and thoroughly researched technology providers and are establishing relationships with other companies with similar or symbiotic objectives.

Please peruse our website and become informed as to what is going on with energy and mining to comment and give us ideas that we can use to reform old methods and avail new methodologies to a commodity necessary to our everyday life and the lives of those to come.

http://www.richcorp.net/

[greatday8]

GETC has been moving down on light selling and an absense of buying. A few days have seen all or most of the volume on the Bid, and the price moved down. Shareholders might be impatient waiting for the next news from Geotec, seeing the price move down, joining the selling before the price goes lower.

Investors may also be waiting, not buying, for solid information that things are moving in a forward direction. But I bought once last week and once this week. I believe things are in progress but no to the point of releasing information.

The closing quote for Tuesday, 11/01/05 is .08 x .09

greatday8

[greatday8]

Geotec filed an 8K on November 09,2005

ITEM 1.01        ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT

On Friday, November 4, 2005, Geotec Thermal Generators, Inc. ("Geotec" or the "Company") executed a Technology Purchase (the "Agreement") with Richcorp, Inc. ("Richcorp"), a Florida corporation, wholly owned by Geotec. The prior acquisition of Richcorp included all Richcorp operations, however the recombinant engineered enzyme/protein technology to modify or remove many different types of hydrocarbons was specifically excluded to be the subject of this Agreement.

Richcorp's technology comprises the high volume, recombinant engineered manufacturing of numerous proteins/enzymes that can selectively react with specific hydrocarbons to decrease ash (overburden including clays, dolomites, etc.) sulfur or metal concentrations and thereby improving the coal quality and market value. This market value increase directly relates to the BTU or thermal value increase in the coal resulting from the protein/enzyme treatment. There are literally hundreds of millions of tons of coal that have been mined and deposited on open lands that do not meet the specifications of the electric power (Coal is utilized in producing about 55% of the electric power produced in the United States) generation companies. The Company has identified a significant portion of this coal in the Appalachian Basins where the Richcorp technology could increase the quality and market value of the laid up coal, meeting the electric power plant requirements. The Richcorp technology has been utilized and approved by the EPA, (Environmental Protection Agency) whereby the remaining protein effluent can be returned into the environment without risk to plants, animals or ground water. Other washing methods have included chemicals and detergents at a high cost and environmental risk.

Richcorp also has prior experience with at least one major oil company and the demonstration of this technology in oil applications. Heavy crude oil has been improved to yield "lighter" oils ("API shifting") with reduced sulfur and metals in upstream and downstream oil processing.

The technology is also described on www.richcorp.net and www.rich-labs.com

A copy of the Agreement is attached as an exhibit hereto.

As consideration for the Purchased Shares, Geotec is tendering ten thousand (10,000) shares of its preferred stock (the "Geotec Preferred Stock") to Richcorp shareholders. The Geotec Preferred Stock will be distributed on a pro rata basis to Mr. Richardson, those shareholders for which Mr. Bergman serves as a proxy, and all other shareholders of Richcorp. The Geotec Preferred Stock will be issued and held in escrow pending the share delivery scheduled for November 1, 2006, 2007 and 2008. The Geotec stock may be converted, based upon profit contribution for up to 21,000,000 common shares, over the multi-year delivery time frames.

ITEM 3.02        UNREGISTERED SALES OF EQUITY SECURITIES

As previously described, Geotec is issuing ten thousand (10,000) shares of its restricted Preferred Stock in exchange for the purchased technology. Mr. Richardson, and those individuals and entities for which he is acting as a proxy, as well as other shareholders of Richcorp, are sophisticated investors who have access to financial and related information of Geotec and agreed to acquire the Geotec Preferred Stock for investment purposes. Accordingly, the offer and sale of the Shares have occurred and will occur in transactions exempt from registration under Section 4(2) of the Securities Act of 1933 and Section 517.061(9) of the Florida Statutes.

ITEM 9.01        FINANCIAL STATEMENTS AND EXHIBITS

(c)
Exhibits

99.7
Technology Purchase Agreement.


http://freerealtime.brand.edgar-online.com/EFX_dll/EDGARpro.dll?FetchFilingHTML1?SessionID=z1JbIgomAhDkDWh&ID=4003336#EX_99-7_HTM_EX_99-7

[greatday8]

Possible oil equivalents comparison:


Update - Lets look at the coal in Argentina, the high quality, then look at China, the coking coal in Australia, and Montana coal.

Geotec/Richcorp's asphaltite in Argentina is of higher quality...less sulfur, less ash and higher percent burnable, big difference.

What are the possible oil equivalents?
1. Canadian Oil Sands and Shale yields = about .6 barrel of oil per ton[/u].

2. Coal = will yield about 2.6 barrels of oil per ton[/u].

"It is also worth noting that the bitumen yield from oil sands surface mining operations is about 0.6 barrels per ton of mined material, excluding overburden removal. This is similar to the yield from a good quality oil shale, but is less than Fisher-Tropsch liquid yields from coal, which is about 2.6 barrels per ton of coal."

3. Montana coal = one ton of coal would produce 1.5 barrels of diesel fuel[/u].

"As the Billings Gazette reported, "there is a huge potential to turn Montana's massive parcel of coal into oil[/u], using decades old" coal gasification technology proven to work[/u]. Right now, "Montana has 120 billion tons of state and federal coal reserves under its surface" and "115 billion tons of that coal is recoverable." Using the technology," one ton of coal would produce 1.5 barrels of diesel fuel." In other words, that is one helluva lot of fuel."

4. Asphaltite = the Company has studied the gasification capability of the Asphaltite and has determined that up to 7.5 Barrels of Oil Equivalent, in gas, may be able to be produced per ton of Asphaltite.

"the effect of the Agreement is to provide Geotec with the ability to control of over 200,000,000 tons of coke quality coal (asphaltite) and generate revenue to Richcorp/Geotec from the commercial exploitation of such commodity. The quality of the mined material is represented to be approximate 21-22,000 BTU per ton of asphaltite, with some deposits exceeding 31,000 BTU per ton."

"Further, the Company has studied the gasification capability of the Asphaltite and has determined that up to 7.5 Barrels of Oil Equivalent, in gas, may be able to be produced per ton of Asphaltite. The Company believes that TecEnergy's gasification equipment and processes can process about 10 tons per hour of Asphaltite, with a 20 hour a day operation. Richcorp's web site is www.richcorp.net."

"Richcorp must compete with a limited number of asphaltite mines in Argentina and with coking coal from Brazil, China and other locations worldwide. The key and leading factor of the Richcorp material is the 97% carboneous concentration, and zero ash concentration, which is unique, worldwide."

Look at the assays and geologist's report - Asphaltite Laboratory Analysis:
http://www.secinfo.com/d13eFe.zxz.d.htm

You have to look at the amount of bitumin in the material:
"The material is a solid bituminous hydrocarbon with high caloric content (8700 Cal) with a fusion point of 175° C, an ignition point of 340 ° and an initial boiling point of 350 ° to 360 °. 0.28 percent ash 38 percent fixed carbon and 61.5 percent volatiles. 99% soluble in Carbon Disulfide. 98% soluble in Toluene."

[greatday8]

Lets do a review of some events during 2005. I did a copy/paste of information from the filings in support of the topics.
======================================================
Web sites:
http://www.geo-tec.net/
http://www.richcorp.net/
http://www.rich-labs.com/


1. Outstanding shares: November 19, 2004 = 37,456,723 ------
212,840,058 shares of Common Stock as of November 15, 2005

2. Shares issued to bring assets into the company and grow the company are in a five year lock up till April 2010. The shares Rick Lueck owned prior to 2005 were also put into the five year lock up, about 10 million shares.

"Messrs. Lueck, Herman, Ray and Norris have entered into a Custodial and Shareholder's Agreement and have agreed to a lock up of their shares for a period of five years. Mr. Lueck has also agreed to lock up all of the shares he has previously owned, which is approximately 10 million shares of common stock."

3. The tradable float is about 27 million, since the shares issued during 2005 and Rick's 10 Million are in a 5 year lock up.

4. Owns and/or have options on Million of tons of laid up coal.
"Geotec acquired 3,000,000 tons of laid up coal from Consolidated in exchange for 21,000,000 shares of the company's common stock."

"The Company also has approximately 5 million tons of coal that is laid up, and an option through CRB to an additional 16 million tons"

"In February 2005, the company announced that it had entered into a series of agreements, commitments and understandings pursuant to which we have acquired 700,000 tons of coal located on certain land described as 14221 East Arrow Road, Cuba, Illinois"

5. Commodity Exchange Agreement with F T Leasing:
On June 10, 2005, Geotec Thermal Generators, Inc. ("Geotec" or the "Company") entered into a Commodity Purchase Agreement (the "Agreement") with F T Leasing & Financial, Inc. ("F T Leasing"), a Colorado corporation that maintains its principal office at 1216 Columbia Drive, Longmont, Colorado 80503. Pursuant to the Agreement, Geotec has agreed to sell F T Leasing up to six million (6,000,000) tons of mined coal (the "Coal") over the next three years.

6. Issued a PR in support of new Illinois law in support of coal gasification.
"DELRAY BEACH, Fla., Jun 24, 2005 (BUSINESS WIRE) -- Geotec Thermal Generators, Inc. (OTCBB:GETC) welcomed its sought after support for the new Illinois State Law which opens up as many as 48 coal mines, with high sulfur content, to be gasified with technology developed by Geotec's associated company, TecEnergy. http://www.tecenergylimited.com/index1.htmlTecEnergy'sgasification units process up to 11 tons of coal per hour, are portable, and cost less than $5 million for a complete operation. In addition, the BTU output of the gas is also significantly increased. This technology also eliminates sulfur from being released into the atmosphere, which permits the company to receive carbon credits for the environmentally friendly disposal of coal. Carbon credits have increased, in past months, to over $35 per ton of coal that is gasified."

7. Acquisition of Richcorp.
"On Tuesday, July 26, 2005, the Company executed a Share Exchange Agreement with Richcorp, Inc., a Florida corporation, and Mr. William Richardson, President of Richcorp. Geotec is acquiring the equity ownership of Richcorp."

"Said distribution shall occur after the August 1, 2006, August 1, 2007, and August 1, 2008, equal to one-third of the total exchange of shares, date thereof. Notwithstanding the above, all of the shares earned shall be subject to the same terms and conditions of the Buyer's share lock up agreement, which extends for 5 years, until February, 2010, which has been filed with the EDGAR service, for the Securities and Exchange Commission."

"Richcorp also has prior experience with at least one major oil company and the demonstration of this technology in oil applications. Heavy crude oil has been improved to yield "lighter" oils ("API shifting") with reduced sulfur and metals in upstream and downstream oil processing."

8. Richcorp has over 200 million of tons of Asphaltite in Argentina.
"Accordingly, the effect of the Agreement is to provide Geotec with the ability to control of over 200,000,000 tons of coke quality coal (asphaltite) and generate revenue to Richcorp/Geotec from the commercial exploitation of such commodity. The quality of the mined material is represented to be approximate 17,000 BTU per ton of asphaltite."

"In addition, Richcorp, Inc. has the capabilities of Dr. Richardson's other enzyme based processes for the washing and high grading of Asphaltite The material is a very rich source of hydrocarbons and has provided excellent results in the laboratory with regard to the types of hydrocarbons and the range of products that can be derived from these hydrocarbons. Testing using formula RLP-22, an enzyme formulation has proven that the hydrocarbons can not only be extracted, but the resulting products can be virtually metal free, due to RLP 22's ability to extract the metals and minerals from the diesel fuel produced and the fixed carbons that result from the process."

"Further, the Company has studied the gasification capability of the Asphaltite and has determined that up to 7.5 Barrels of Oil Equivalent, in gas, may be able to be produced per ton of Asphaltite. The Company believes that TecEnergy's gasification equipment and processes can process about 10 tons per hour of Asphaltite, with a 20 hour a day operation."

"the Company intends to receive carbon credits for coal or asphaltite (in Argentina) that is produced into fertilizer. In addition, high sulfur coal that is of little value to most users may be used for this process. Carbon credits    are currently priced at about $38 per ton of coal. Sulfur credits, which could apply to gasification or production of fertilizer from coal, are prices at near $900 per ton of sulfur. If a ton of coal has 5% sulfur, then one ton of coal would generate 1/20th the sulfur credit or approximately $45 per ton of coal, if gasified or produced into fertilizer."

9. Richcorp may have other metals and mineral in Argentina.
See Richcorp' s website:  http://www.richcorp.net/minerals.htm

10. TecEnergy was referred to as an associate.
Read the two PRs issued by TecEnergy on November 7,2005 of plans to acquire funding. Also the PRs in Dec and Jan. Symbol is CGGE.

"DELRAY BEACH, Fla., Jun 24, 2005 (BUSINESS WIRE) -- Geotec Thermal Generators, Inc. (OTCBB:GETC) welcomed its sought after support for the new Illinois State Law which opens up as many as 48 coal mines, with high sulfur content, to be gasified with technology developed by Geotec's associated company, TecEnergy. http://www.tecenergylimited.com/index1.htmlTecEnergy'sgasification units process up to 11 tons of coal per hour, are portable, and cost less than $5 million for a complete operation. In addition, the BTU output of the gas is also significantly increased. This technology also eliminates sulfur from being released into the atmosphere, which permits the company to receive carbon credits for the environmentally friendly disposal of coal. Carbon credits have increased, in past months, to over $35 per ton of coal that is gasified."

"the Company has studied the gasification capability of the Asphaltite and has determined that up to 7.5 Barrels of Oil Equivalent, in gas, may be able to be produced per ton of Asphaltite. The Company believes that TecEnergy's gasification equipment and processes can process about 10 tons per hour of Asphaltite, with a 20 hour a day operation."

"TecEnergy, Ltd,  which is a producer of gasification equipment that, as of the publication of this report, is just now producing commercial units for sale in Europe, with one unit also in the oil/gas fields of Oklahoma. It is anticipated by Management that these gasification units, which are also micro-power generators, will be able to utilize the Company's coal to produce a high output form of methane gas. This gas, when sold could produce a higher profit stream for the Company than just the sale of coal. Results from this gasification method indicate a production of hydrocarbons and power equivalent to over $80 per ton of coal."


11. Equity/coal exchange with Urban Television.
"On September 30, 2005, the Company sold 200,000 tons of coal to URBAN TELEVISION NETWORK CORPORATION located at 2707 South Cooper St. Suite 119 Arlington, TX 76015 through a Commodity Exchange Agreement, with a minimum appraisal of $4.6 million in exchange for one hundred thousand preferred shares of Urban Television with a stated value, and convertible to $4.6 million worth of common stock of the Urban Television."

12. Enzyme/protein technology.
"1.04 Pro Rata Distribution of the Preferred Shares. The Preferred Shares shall be distributed on a pro rata basis to (a) Seller; (b) those shareholders for which Seller is acting as a proxy (Note: Seller and those shareholders for which Seller is acting as a proxy shall be referred to collectively herein as (Seller(); and (c) all other shareholders of the Company that elect to exchange their common stock in the Company for preferred stock issued by Buyer. Said distribution shall occur on the anniversaries of this agreement defined as the dates of November 1, 2006, November 1, 2007, and November 1, 2008, equal to one-third of the total exchange of shares, date thereof. Notwithstanding the above, all of the shares earned shall be subject to the same terms and conditions of the Buyer's share lock up agreement, which extends for 5 years, until April, 2010, which has been filed with the EDGAR service, for the Securities and Exchange Commission."

"Richcorp's technology comprises the high volume, recombinant engineered manufacturing of numerous proteins/enzymes that can selectively react with specific hydrocarbons to decrease ash (overburden including clays, dolomites, etc.) sulfur or metal concentrations and thereby improving the coal quality and market value. This market value increase directly relates to the BTU or thermal value increase in the coal resulting from the protein/enzyme treatment. There are literally hundreds of millions of tons of coal that have been mined and deposited on open lands that do not meet the specifications of the electric power generation companies. The Company has identified a significant portion of this coal in the Appalachian Basins where the Richcorp technology could increase the quality and market value of the laid up coal, meeting the electric power plant requirements. The Richcorp technology has been utilized and approved by the EPA, (Environmental Protection Agency) whereby the remaining protein effluent can be returned into the environment without risk to plants, animals or ground water. Other washing methods have included chemicals and detergents at a high cost and environmental risk."


A lot has been accomplished during 2005. Now, what are some of the areas Geotec might explore?

1. Washing coal.

2. Selling coal.

3. Coal gasification...synfuel...fertilizer....etc...

4. Clean up contaminated sites .... Enzyme/protein technology.

5. Selling generated products....gasification....Enzyme/protein technology.

6. Be in more than the US...expanded into Argentina.

7. Selling carbon credits earned through gasification.

============================================================

[greatday8]

Snipit from a statement from Geotec in August 2004 after they terminated the acquisition of TelcoEnergy:
"Over the last 6-7 months Geotec Management has concentrated on the business opportunities of TelcoEnergy, as directed by TelcoEnergy Management. However, over the next thirty days, and beyond we will focus on Geotec's opportunities, and we will report to our shareholders on a timely basis, regarding this new directed effort."

From the Richcorp website, "Welcome to Geotec'Richcorp"  page:
"Geotec and Richcorp have re-organized and are focusing their efforts as a team to effect a synergistic redirection of the two companies. Both companies became heavily involved in the research and acquisition of alternative fuel sources that relate specifically to heavy hydrocarbons and their conversion to lighter more useable forms. This synergy and symbiotic sense of purpose has resulted in both companies reconsidering their short term objectives. The long term objectives remain the same for both entities;"

http://www.geo-tec.net/
http://www.richcorp.net/
http://www.rich-labs.com/

[greatday8]

Watch next two weeks or so

--------------------------------------------------------------------------------

This was to me on my GETC board on Ihub. Take it for whatever its worth.


Posted by: LORTAP MACS
In reply to: greatday88 who wrote msg# 411 Date:1/14/2006 11:37:02 PM
Post #of 413

I think I can confirm that they are working on a nice deal, the next two weeks should be when you'll get all the details...

[greatday8]

LorTap Macs called it Saturday 01/14 11:37pm -- $0.07     


LorTap Macs' original call which I posted here, gave an opportunity to buy at the $0.07 area.
"I think I can confirm that they are working on a nice deal, the next two weeks should be when you'll get all the details..."


LorTap Macs made a follow-up post on Thursday 01/19 11:16 am:
"I'm thinking big run starting in the next week....
to many things been brewing at the office..."

LorTap Macs' original call was very good. Are you on board in case his second call is also pretty good?

LorTap Macs posted these on my GETC board on Ihub.

[greatday8]

j.p.morganson called it at $0.09 on 01/19 1:42pm   

Posted on another site.  

" GETC ** GEOTECH THERMAL GENERATORS ** BREAKOUT ALERT

---------------------------------------------------------------- ----------------

Alerting here at .09 as this is just about to explode imo.. Still relatively undiscovered and PROFITABLE.."

[Wax]

Got in lightly at .155 this AM despite no support on the BID side. How that changed quickly. Fresh MM's joining in on BIDs. This bitch is HOT. No sellers just buyers. Good pick!

[Wax]

Out @ .36. Thanks again for the DD and pick. Will be back after profit taking is over though