del mar 1/14/2010 10:00:00 PM
GELV and Green Energy
Double Good News for industry
Del Mar, CA – Companies in the clean green energy sector, such as Green Energy Live Inc, should be pleased with recent developments. Not only has the Obama administration passed a tax credit bill as part of a massive stimulus package but venture capitalists I predicting good growth in the cleantech sector
The Obama administration announced that 183 companies would benefit from a total of $2.3 billion worth of tax credits for projects in the clean green market segment.
According to Bloomberg News, the tax credits will form part of a $787 billion stimulus package pushed through congress, by President Obama last year.
Venture capitalists surveyed by the National Venture Capital Association (NVCA) believe cleantech is the sector most likely to show growth this year. Of 325 venture capitalists surveyed nationwide,
54% believe VC investment in the cleantech sector will rise in 2010, according to Venture View 2010, the annual predictions survey conducted by the NVCA and published December 16, 2009.
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StockSource.us (www.StockSource.us) Reports on Stocks to Watch:
Green Energy Live, Inc. (OTCBB:GELV), Fairpoint Communications Inc. (NYSE:FRCMQ.PK), Hythiam Inc. (NASDAQ:HYTM), EnteroMedics Inc. (NASDAQ:ETRM), Encorium Group Inc. (NASDAQ:ENCO), Anchor BanCorp Wisconsin Inc. (NASDAQ:ABCW), RXi Pharmaceuticals Corporation (NASDAQ:RXII)
Featured Stock:
GREEN ENERGY LIVE, INC.
(OTC BB: GELV)
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Other Stocks to Watch:
Fairpoint Communications Inc. (NYSE:FRCMQ.PK)
FairPoint Communications, Inc. (FairPoint) is a provider of communications services in rural and small urban communities, offering an array of services, including local and long distance voice, data, video and Internet and broadband product offerings
Hythiam Inc. (NASDAQ:HYTM)
Hythiam, Inc. is a healthcare services management company, providing through its Catasys subsidiary behavioral health management services for substance abuse to health plans.
EnteroMedics Inc. (NASDAQ:ETRM)
EnteroMedics Inc. (EnteroMedics) is a development-stage medical device company focused on the design and development of devices that use neuroblocking technology to treat obesity, its associated co-morbidities, and other gastrointestinal disorders.
Encorium Group Inc. (NASDAQ:ENCO)
Encorium Group, Inc. is a clinical research organization (CRO), which is engaged in the design and management of clinical trials for the pharmaceutical, biotechnology and medical device industries.
Anchor BanCorp Wisconsin Inc. (NASDAQ:ABCW)
Anchor BanCorp Wisconsin Inc. is a savings and loan holding company. The Company is engaged in the savings and loan business through its wholly owned banking subsidiary, AnchorBank, fsb (the Bank).
RXi Pharmaceuticals Corporation (NASDAQ:RXII)
RXi Pharmaceuticals Corporation (RXi) is a discovery-stage biopharmaceutical company pursuing therapeutics based on ribonucleic acid interference (RNAi) for the treatment of human diseases.
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