Austin, TX 9/28/2007 9:42:14 PM
Speak with other shareholders about: (OTCBB: ENEI), (OTCBB: SOLUQ), (OTCBB: RPTN).
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Ener1, Inc. (OTCBB: ENEI) up 4.7% on 831,000 shares traded.
Ener1, Inc. is an alternative energy technology company that is developing 1) lithium ion batteries for hybrid electric vehicles (HEV) at its 80.5% owned EnerDel subsidiary, 2) commercial fuel cell products through its EnerFuel subsidiary, and 3) nanotechnology- based materials and manufacturing processes for batteries and other applications at its NanoEner subsidiary. On Sept. 26th 2007, the company's subsidiary, EnerDel was awarded a $2.5 million contract from the U.S. Department of Energy over two years for plug-in hybrid vehicle (PHEV) research. The award is for the development of cells for 10- and 40-mile range PHEVs using nano-phase lithium titanate coupled with a high voltage Nickel-Manganese cathode material. The total DOE/industry cost share will be $2.5 million and the DOE will fund its share of $1.25 million.
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Solutia Inc. (OTCBB: SOLUQ) up 13.9% on 3.9 million shares traded.
Solutia uses world-class skills in applied chemistry to create value-added solutions for customers, whose products improve the lives of consumers every day. Solutia is a world leader in performance films for laminated safety glass and after-market applications; chemicals for the rubber industry; specialties such as heat transfer fluids and aviation hydraulic fluid; and an integrated family of nylon products including high-performance polymers and fibers. On Sept. 26th 2007, the company announced it has secured the support of all of the major constituents in its Chapter 11 cases for a consensual plan of reorganization. "I am extremely pleased to announce today that we have reached a comprehensive settlement with all of the major constituents in our bankruptcy case that will form the basis for a revised consensual plan of reorganization that will be filed within the next few days," said Jeffry N. Quinn, chairman, president and chief executive officer of Solutia Inc.
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Raptor Networks Technology, Inc. (OTCBB: RPTN) up 8% on 1.6 million shares traded.
Raptor Networks Technology, Inc. has developed the world's first distributed network switching architectures, all standards based, that benefit networks that provide newer latency-sensitive services such as video, VOIP, high speed storage and the like. On Sept. 27th 2007, the company announced the first sale of "distributed core" network switches to the Department of Defense. "After completing Department of Defense Joint Interoperability Test Command (JITC) Certification Testing earlier this year, we are pleased to announce our first sale and shipment valued at $281,885 to the DOD," noted Tom Wittenschlaeger, Raptor Networks Technology Chairman and CEO. "This took much longer than we had forecast, but we are very pleased to see our systems integration partners beginning the process of incorporating our products into their end-user bids.
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