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DrStockPick.com Watch List!
My Picks for Thursday September 17, 2009, are:
XODG, Xodtec Group USA Inc, XODG.OB
XODG, a Nevada corporation, is an Energy-Saving Lighting Solutions Provider based in Taiwan. XODG provides high performance and cost-effective energy-saving LED solutions and traditional lighting products for private companies, public facilities, residential communities, factories and households, providing optimal energy-saving solutions that meet today’s energy management requirements.
Today after Closing Bell, based on the Second and Third Quarter Revenue Guidance, XODG reported that it expects revenues to be approximately $3.0 million for the second quarter ending August 31, 2009 with a before tax net income around $0.75 million. Revenues forecasts for the third quarter ending November 31, 2009 are expected to be approximately $4.0 million with a net profit of approximately $1.2 million.
More about XODG at www.xodtec.com.tw/xodtec/
CVAT, Cavitation Technologies Inc, CVAT.OB
CVAT is a �Green-Tech� company, established in 2006 to become a world leader in the development of new cutting edge technologies for the, vegetable oil refining, renewable fuel, petroleum, water treatment, wastewater sanitation, petroleum, food and beverage, chemical industries.
The stimulus bill has allocated $49.7 billion toward green energy technology; a lot of money is earmarked for renewable energy projects.
Bioenergy is renewable energy derived from biological sources, to be used for heat, electricity, or vehicle fuel. Biofuel derived from plant materials is among the most rapidly growing renewable energy technologies.
The availability of ethanol and biodiesel at the fuel pump is becoming more prevalent.
Rising fuel prices, environmental concerns, pressures for oil independence, and Federal energy policy are creating a strong potential market for CVAT�s renewable energy technology.
Recently, CVAT has entered into an agreement with Desmet Ballestra Group (which is known for their specialized expertise and are the market leaders in the field of the extraction and refining of oils and fats from oleaginous materials and the conversion of crude oils and fats into value-added products such as edible oil, shortening, biodiesel, detergents, surfactants and soap) to evaluate CVAT�s Nano Cavitation Reactor technology and its potential benefits to the vegetable oil industry.
More about CVAT at www.cavitationtechnologies.com
NWMT, NewMarket Technology, Inc., NWMT.PK
NWMT is a reporting company with audited financial reports filed with the SEC. NWMT provides systems integration, technology infrastructure services and emerging technology worldwide.
NWMT has a focus on providing technology and support services to rapidly growing economies where technology purchasing is on the rise. In addition to its base of operations in North America, NWMT has operations today in the growing economies of China, Southeast Asia, Brazil and Northern Latin America
NWMT is scheduled to present a corporate update tomorrow, including a discussion of the NWMT�s plan to align share price (Increase to Target $1.00 Price Per Share to Align with $100 Million in Profitable Revenue) and fundamental financial performance, an update on the previously announced dividend plan and more information on NWMT�s plan to upgrade its public listing to the OTCQX, which is considered a first step toward a NASDAQ or NYSE listing.
Since 2002, when the Company listed publicly through a reverse merger, NWMT operations have expanded from reporting approximately $1 million in annual revenue to over $95 million in revenue in 2008. The Company has reported over $43 million in profitable revenue for the first six months of 2009. Historically reporting increased revenues in the second half of the year, the Company has set a $100 million profitable revenue forecast for 2009.
A link to the Webcast is scheduled to be posted to the corporate website www.newmarkettechnology.com upon release on Thursday.
Add XODG, CVAT and NWMT to your Watch List!, do your homework, and like always BE READY for the ACTION!
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