Dallas 3/7/2011 11:51:04 AM
News / Finance

NENE, HYTM, QOIL, URBF, ECNG: Friday Stock Market Roundup

Friday Stock Market Roundup: NENE, HYTM, QOIL, URBF, ECNG

New Energy Technologies, Inc. (OTCBB:NENE) has lost 3.6% or $0.04 to settle at $1.07 with a volume of 525,976 shares traded by the end of the day. New Energy Technologies, Inc. is a development-stage company. The Company conducts its operations through two wholly owned subsidiaries: Kinetic Energy Corporation (KEC) and New Energy Solar Corporation (New Energy Solar). The Company focuses on the development of two technologies: MotionPower Technology for capturing the kinetic energy of moving vehicles to generate electricity, and SolarWindow Technology, which enables see-thru windows to generate electricity by spraying glass surfaces with its electricity-generating coatings.

Hythiam Inc. (OTCBB:HYTM) has lost 9.3% or $0.005 to settle at $0.049 with a volume of 2900 shares traded by the end of the day. Hythiam, Inc. is a healthcare services management company, providing through its Catasys subsidiary specialized behavioral health management services for substance abuse to health plans, employers and unions through a network of licensed and company managed healthcare providers. The Catasys substance dependence program was designed to address substance dependence as a chronic disease.

Quest Oil Corp. (PINK:QOIL) has been relatively unchanged settled at $0.0007 with a volume of 18,012,649 shares. Quest Oil Corporation is an independent oil and gas company with a primary focus on acquiring, developing and participating in the United States and Canadian crude oil and natural gas properties. The Company utilizes oil and gas pipelines and/or trucking services to distribute its products. Its target oil and gas plays consist of approximately 20,000 acres in three gas regions of Southern Alberta, Warner, South Taber and Diamond.

Urban Barns Foods Inc. (OTCBB:URBF) has gained 4.3% or $0.005 to settle at $.12 a share with a volume of 199,500 shares traded by the end of the day. Urban Barns Foods Inc. (Urban Barns) is a development-stage company. The Company is an urban produce production company focuses to be the supplier of choice of organic and conventional fruits and vegetables for urban consumers. On December 4, 2009, the Company completed the acquisition of Urban Barns. As a result, Urban Barns became wholly owned subsidiary.

EnergyConnect Group Inc. (OTCBB:ECNG) has gained 1.19% or $0.0025 to settle at $.21 a share with a volume of 3.8 million shares traded by the end of the day. EnergyConnect Group, Inc. is a provider of demand response services to the electricity grid. Demand response programs provide grid operators with additional electricity generation capacity by encouraging consumers to curtail their electricity usage. Demand response programs fall into two main groups, programs made for customers to stand by and respond to a grid event initiated by the grid operator, and programs that rely on customers curtailing their use of electricity based upon price signals.

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Forward-Looking Statement: This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.

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