MondayMar 28, 2011 12:00 pm

L & L Energy (LLEN) Acquires 60% Interest in DaPing Coal Mine; Establishes Joint Venture

L & L Energy Inc., a U.S.-based coal company with mining and distribution businesses in China, today announced its acquisition of a majority controlling interest of the DaPing coal mine, effective March 15, 2011. The DaPing mine is located in PanXian, Guizhou Province in China. L & L is partnering with the current owner to form a U.S. joint venture in China, in which L & L will contribute approximately USD $18 million in exchange for management control and 60 percent equity of the new joint venture. L & L will inject an additional $3 million in capital expenditures to…

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MondayMar 28, 2011 11:58 am

ECOtality, Inc. (ECTY) is “One to Watch”

ECOtality, Inc., headquartered in San Francisco, California, leads the industry in clean electric transportation and storage technologies. Through innovation, acquisitions, and strategic partnerships, the company focuses on accelerating the market applicability of advanced electric technologies to replace carbon-based fuels. Fully committed to developing and commercially advanced clean energy solutions and environmentally friendly products, ECOtality's products, technologies and services currently include: Electric Vehicles: ECOtality North America is a recognized leader in the research, development and testing of advanced transportation and energy systems. The subsidiary specializes in the fields of alternative-fuel, hybrid (HEV), plug-in hybrid (PHEV) and electric vehicles (EV) and infrastructures.…

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MondayMar 28, 2011 11:05 am

Clenergen Corp. (CRGE) is “One to Watch”

Clenergen is focused on generating clean energy to address the requirement for renewable and sustainable supplies of electricity. The company has assembled an experienced managerial, engineering and technical team capable of operating combustion steam, gasification, and anaerobic digestive biomass power plants. Clenergen has also established third party partnerships to achieve its business goals and enable it to meet or exceed its financial forecasts and projections. The company has identified two fast growing species of tree and applied a proprietary Tree Adaption Process for rapidly increasing the growth rate 28-40%. This substantial growth rate will enable the production of an economically…

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MondayMar 28, 2011 10:32 am

Beacon Equity Research Featured Company: TransAct Energy Corp. (TEGY)

TransAct Energy Corp., a corporation formed in 2006, specializes in producing and selling clean energy on a global scale. To achieve their goals, the company mainly deals in the conservation of sustainable energy options, including geothermal, solar and wind renewable resources. After its incorporation, TransAct set out to acquire energy leases of various kinds: oil, gas, geothermal, wind, solar or marine. The Nevada-based company’s first acquisition was an oil and gas interest in Alberta, Canada and thereafter, they explored other interests throughout the province. The experience paved the way for TransAct to become a reporting company and work closely with…

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MondayMar 28, 2011 10:29 am

Beacon Equity Research Featured Company: Generex Biotechnology Corp. (GNBT)

Generex Biotechnology is a drug research and development company whose expertise is finding innovative and commercialized ways to administer drugs throughout the human body. The company has developed a platform technology for the delivery of drugs via the oral cavity. To meet the demands of this type of drug administration, Generex developed its RapidMist™ device so that the drugs typically administered by injection can be absorbed into the body by the lining of the inner mouth. Combined with Generex’s proprietary liquid drug formulations, the company is able to achieve its goal of innovative drug administration. Generex’s flagship product, oral insulin…

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MondayMar 28, 2011 10:18 am

Elephant Talk Communications, Inc. (ETAK) is “One to Watch”

Elephant Talk Communications, Inc. provides business software and services to the telecommunications and financial services industry, both in the U.S. and Internationally. The company enables mobile carriers and virtual operators to offer a full suite of products, delivery platforms, support services, superior industry expertise and high quality customer service without substantial upfront investments from clients. Elephant Talk offers various dynamic products that include remote health care, credit card fraud prevention, mobile internet ID security, multi-country discounted phone services, loyalty management services, and a whole range of other emerging customized mobile services. The company platform enables B-2-B customers to operate cost…

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MondayMar 28, 2011 10:17 am

Ocean Bio-Chem, Inc. (OBCI) Reports Record Net Income of Over $2M, Sales of $27.4M and EPS of $0.26 for 2010

Ocean Bio-Chem, www.oceanbiochem.com – the manufacturer/marketer of a panoply of highly recognized maintenance and care products designed for a variety of systems from marine, auto and sport vehicles, to RVs, outdoor power equipment and even lawn and garden, to name but a few, today reported record net income for the year and a second year in a row of record net sales (values expressed in comparison to 2009): • Net Income up 92% to over $2M • Net Sales up 11.2% to $27.4M • Basic EPS up 85.7% to $0.26 • Diluted EPS up 71.4% to $0.24 • Gross Margin…

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MondayMar 28, 2011 9:45 am

Ener1, Inc. (HEV) Video Chart for Monday, March 28, 2011

HEV is a very interesting play given the fact that it has bounced repeatedly off these levels over the last year. Technical traders are on alert as the chart not only appears to be ripening for another possible bounce, but a longer term reversal could be in the making. The chart is in play as long as the bottom support holds. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts.php Let us hear your thoughts below:

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MondayMar 28, 2011 9:41 am

GreenHouse Holdings Inc. (GRHU) Announced Partnership with Energy Connect, Inc. (ECNG) on Automated Demand Response Services

GreenHouse Holdings, Inc., a provider of energy efficient products and technologies to various markets, announced that it has partnered with EnergyConnect, Inc., a company that provides demand response services to the electricity grid. The two companies will come together and offer its customers integrated energy management and automated demand response (Auto-DR) services. "EnergyConnect has consistently demonstrated top-notch technology innovations and applications, customer service, and uncompromising dedication to excellence in this field," commented Rob Davis, Vice President for GreenHouse Holdings. "We are excited to be a part of EnergyConnect's continuing efforts to deliver integrated demand response solutions to its valued customers.…

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MondayMar 28, 2011 9:31 am

Trans Energy, Inc. (TENG) Issues Update on Drilling Program in United States

Trans Energy, Inc. reported an operational update on its oil and gas activities in the United States where the company is developing the Marcellus Shale formation. Trans Energy completed a hydraulic fracturing operation on the Stout #2H well in January 2011 on a lease in Marshall County, West Virginia. The well produced an average of 5.26 million cubic feet of natural gas equivalents per day during the first thirty days of production. Trans Energy said that the well was producing 4.68 million cubic feet of natural gas equivalents per day on the thirtieth day of production. The company used a…

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