BeaconEquity.com Issues TraderNotes on CABN, SYNM, PRVT, AVNX, BCON
Today’s TraderNotes include: Carbon Sciences Inc. (OTCBB: CABN), Syntroleum Corp. (Nasdaq: SYNM), Private Media Group Inc. (Nasdaq: PRVT), Avanex Corp. (Nasdaq: AVNX) and Beacon Power Corp. (Nasdaq: BCON).
“Carbon Sciences Inc. (CABN) shares are maintaining their 24 cent run in Wednesday mid-afternoon trading. Carbon Sciences is developing a breakthrough technology to transform harmful carbon dioxide (CO2) emissions into high value, earth-friendly products such as building materials, paper coating, pharmaceuticals and plastics.
“The technology is based on a patent filed by the company and developed under the brand name, GreenCarbon technology. By transforming harmful CO2 emissions into “green” products, the technology helps to reduce global warming.”
“Syntroleum Corp. (SYNM) shares are up 6 percent to $2.69 just after noon Wednesday. Syntroleum engages in the research, development, and commercialization of the Syntroleum Process, designed to convert natural gas into synthetic liquid hydrocarbons.
“Syntroleum announced it received a letter from Nasdaq on May 13, 2008, indicating the company has regained compliance with the Nasdaq Stock Market. Syntroleum was previously notified that its common stock failed to maintain a minimum bid price of $1over the previous 30 consecutive business days as required by the Marketplace Rules of the Nasdaq Stock Market. Syntroleum regained compliance by maintaining the stock's closing bid price at $1per share or greater for at least 10 consecutive business days.”
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Beacon Equity Research Disclosure
The analysts contributing to this report do not hold any shares of Carbon Sciences Inc. (OTCBB: CABN). Additionally, the analysts contributing to this report certify that the views expressed herein accurately reflect the analysts' personal views as to the subject securities and issuers. The analyst(s) writing this report recognize and aspire to all of the CFA Institute Guidelines for Independent Research. Beacon Equity Research (“Beacon”) certifies that no part of the analysts' compensation was, is, or will be, directly or indirectly, related to the specific recommendation or views expressed by the analysts in the report. Principals of BER have purchased three hundred thousand shares of restricted stock from the company CABN at 15 cents per share; additionally, BER and its affiliates have been compensated five thousand dollars a month directly from the company for enrollment of CABN in its research program and other services. This report is based on data obtained from sources we believe to be reliable, but is not guaranteed as to accuracy and does not purport to be complete. Any potential investors in CABN should note that our revenue analysis is not a company supplied revenue projection, but is strictly our opinion based on our independent analysis and research. This report is based on data obtained from sources we believe to be reliable, but is not guaranteed as to accuracy and does not purport to be complete. As such, the report should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed herein are subject to change.
Source: BeaconEquity.com
Beacon Equity Research
Jeff Bishop, (469)-252-3505
press@beaconequity.com