del mar 12/9/2009 10:00:00 PM
StockSource.us Reports Green Energy Live Set To Benefit
Shares Jump
Del Mar, CA – A stimulus package announced by U.S. Department of Energy Secretary, Steven Chu, and Agriculture Secretary, Tom Vilsack is being received well in the industry. The package which will form part of the American Recovery and Reinvestment Act is worth $564 million and covers 15 states.
It should be a benefit to companies such as Green Energy Live(GELV). The growing clean energy company that is developing sustainable biomass to energy solutions. GELV saw a massive spike in its share value on Monday.
Although the stimulus package should benefit GELV, the spike has been attributed to a report released on Sunday, that provided an update into its business outlook with regards to the acquisition of Comanche Livestock Exchange.
Karen Clark, president and CEO of Green Energy Live, said in the statement: "Comanche's existing relationships and excellent reputation give us a firm foothold in the industry as well as an established distribution channel for our manure-to-energy conversion technology."
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StockSource.us (www.StockSource.us) Reports on Stocks to Watch:
Green Energy Live, Inc. (OTCBB: GELV), Vaughan Foods Inc. (NASDAQ:FOOD), New Century Bancorp Inc. (NASDAQ:NCBC), New Dragon Asia Corp. (AMEX:NWD), Dune Energy Inc. (AMEX:DNE), Freddie Mac PRFD 'P' (NYSE:FRE-P), SPDR S&P International Utilities Sec(NYSE:IPU), Shrink Nanotechnologies Inc.(OTCBB:INKN)
Featured Stock:
GREEN ENERGY LIVE, INC.
(OTC BB: GELV)
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Other Stocks to Watch:
Vaughan Foods Inc. (NASDAQ:FOOD)
Vaughan Foods, Inc. is an integrated processor and distributor of value-added, refrigerated foods. The Company sells to both food service and retail sectors.
New Century Bancorp Inc. (NASDAQ:NCBC)
New Century Bancorp, Inc. is a bank holding company that operates through its wholly owned subsidiary depository institutions, New Century Bank (the Bank).
New Dragon Asia Corp. (AMEX:NWD)
New Dragon Asia Corp. (New Dragon) is engaged in the milling, sale and distribution of flour and related products, including instant noodles and soybean-derived products, to retail and wholesale customers throughout China.
Dune Energy Inc. (AMEX:DNE)
Dune Energy, Inc. (Dune) is an independent energy company based in Houston, Texas.
Freddie Mac PRFD 'P' (NYSE:FRE-P)
Freddie Mac purchases residential mortgages and mortgage-related securities in the secondary mortgage market and securitizes them into mortgage-related securities that can be sold to investors
SPDR S&P International Utilities Sec(NYSE:IPU)
SPDR S&P International Utilities Sector ETF (the Fund) seeks to provide investment results that correspond generally to the total return performance of the S&P Developed Ex-U.S.
Shrink Nanotechnologies, Inc.(OTCBB:INKN)
Shrink is a first of its kind FIGA(TM) organization. FIGA companies are "for profit" businesses that bring together diverse contributions from leaders in the worlds of finance, industry, government and academia
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