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WorldWater & Solar Technologies Corp. (OTCBB: WWAT) up 4.9% on 4.8 million shares traded. WorldWater & Solar Technologies Corporation is a full-service, international solar electric engineering and water management company with unique, high-powered and patented solar technology that provides solutions to a broad spectrum of the world's electricity and water supply problems. On July 12th 2007, the company held an official groundbreaking ceremony for the construction of a large scale solar electric system at Fresno Yosemite International Airport. The 2-megawatt installation is scheduled for completion by early 2008 and will be operated by WorldWater under a 20-year power-purchase contract awarded by the Fresno City Council. It is the largest solar project at any airport in the United States.
Raven Gold Corp. (OTCBB: RVNG) up 0.6% on 1 million shares traded.
Raven Gold Corp. is an international gold mining company, with exploration and development projects. Raven's mandate is to initiate an aggressive acquisition policy, focusing on under-explored to advanced stage exploration gold deposits in North and South American Countries. Raven is focused on becoming a low cost gold producer. On July 13th 2007, the company was pleased to announce that a second load of concentrate totalling approximately 6.5 tonnes have been delivered to the smelter in Torreon with payments expected to be in approximately 30 days. The mill continues to be fine tuned and is now generating recovery rates of approximately 83% for Silver and 85% for Gold. Recent head grades have been averaging approximately 1.9 grams Gold and 223 grams Silver. Values for this shipment average approximately 700 grams Gold and 38 Kilos Silver per tonne of Concentrate.
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Hi-Tech Wealth Inc. (OTCBB: HITW) up 1.7% on 513,000 shares traded.
With over two million of the Company's "Shang Wu Tong" branded mobile devices sold in China today, Hi-Tech Wealth Inc. is an integrated, multi- channel consumer sales and marketing company. Hi-Tech Wealth Inc. engages in the development and distribution of proprietary and branded digital mobile devices via direct response TV, internet sales, and through more than 1000 exclusive distributors throughout the PRC. On July 12th 2007, the company announced that it has received four patents covering the Company's design of its recently launched Solar Mobile Phone. Hi-Tech Wealth launched the Solar Mobile Phone in May 2007. "Over the past year, we have introduced unique digital mobile devices like the Information Security phone and, most recently, the Solar Mobile Phone. We are so pleased to expand our patent portfolio and protect the innovative features we create and ultimately market to China's niche consumer markets," stated Dr. ZhengYu Zhang, Chief Executive Officer and Chairman of Hi-Tech Wealth.
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Xechem International, Inc. (OTC BB: XKEM) down 7.6% on 14.4 million shares traded.
Xechem International is a development stage biopharmaceutical company working on Sickle Cell Disease (SCD), antidiabetic, antimalarial, antibacterial, antifungal, anticancer and antiviral (including AIDS) products from natural sources, including microbial and marine organisms. On July 12th 2007, the company announced that Dr. Robert Swift, a member of Xechem's Board of directors, has been appointed by the board of directors to take on the role of Chairman and CEO/President on an interim basis, replacing Dr. Ramesh Pandey, who will continue to serve on the Company's board of directors. Though no longer charged with the day-to-day operations of the Company, Dr. Pandey is expected to continue to play an advisory role with the Company and discussions are ongoing to formalize a mutually acceptable arrangement with Dr. Pandey and to resolve various financial and other issues related to his departure as Chairman and CEO.
As the saying goes...follow the money!
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