Stock Market Alerts For Wednesday! June 28, 2006
Stock Market Alert`s performance stock list includes: Internal Hydro International Inc. (OTCBB: IHDR), Broadcom Corporation (NASDAQ: BRCM), CONSOL Energy Inc (NYSE: CNX), Allied Waste Industries, Inc. (NYSE: AW).
Internal Hydro International Inc. (OTCBB: IHDR) is another company that may be of interest to speculative investors this morning as the stock markets open. Yesterday the company, an alternative energy company that developed a clean energy power system, issued a press release announcing that it has entered into an initial agreement for the production of its Energy Commander and other technologies through a European joint venture.
According to the press release, under the agreement, with Energia Futura S.r.l. of Italy, IHDR would receive necessary capital for production of its low impact hydro units and other technologies, which will be worth over $3,750,000 for the initial 500 units for domestic U.S. production alone in the first year out production. In addition, per the agreement, IHDR would be part owner of the joint production facility which would have hard assets, including facilities and equipment of a projected $40,000,000 value, which will be bookable assets for IHDR. Financial requirements for the production and other costs related to the technologies will be secured and supplied through European banking and grant entities to the Joint Venture. IHDR will not be subject to any set equity based contribution to achieve financial aspects of the Joint Venture.
The company’s latest news may get the attention of traders. IHDR, as a founding partner of the Joint Venture can sponsor other companies as sub-partners of IHDR whose technologies will be built in Europe in the renewable energy arena. Energia Futura’s technology base will include wind projects, solar technologies, low head hydro systems, including the Energy Commander suite of technologies, and solid or bio waste remediation technologies. The Joint Venture agreement will be an expansion of the existing production and licensing agreement between IHDR and Cm2, the Italian energy products manufacturer. IHDR has identified other technologies which it may choose to introduce into the Joint Venture as IHDR sponsored technologies, giving IHDR an even larger stake in the Joint Venture ownership for such technologies. As a Joint Venture owner, IHDR will receive a share of the profit from the Joint Venture activities.
This continues to be a stock for speculative investors to watch. The Joint Venture was initiated by government and private entities in order to revitalize industries and produce jobs, while at the same time produce renewable energy technologies for Italian, European and other production.
A profile of Internal Hydro International can be found at: http://www.wallstreettradingalerts.com/IHDR62706.html
Internal Hydro International, Inc. is an alternative energy company that developed a clean energy power system, the Energy Commander Systems, which utilizes a patented technology using waste water, fluid or gas flow from any source where flow pressure is present, and yet wasted, to create electricity. Internal Hydro has grown into a multi-national enterprise with international contracts spanning over three continents. Internal Hydro is well positioned to gain major market share and dominate the niche of hydro energy and expansion into other renewable energy areas in the fragmented alternative energy marketplace.
Other Stocks of interest yesterday were:
Broadcom Corporation (NASDAQ: BRCM) down 4.9% on 18.6 million shares traded.
Broadcom Corporation is a global leader in semiconductors for wired and wireless communications.
CONSOL Energy Inc (NYSE: CNX) down 0.02% on 29.1 million shares traded.
CONSOL Energy Inc., through its subsidiaries, is the largest producer of high-Btu bituminous coal in the United States.
Allied Waste Industries, Inc. (NYSE: AW) up 0.7% on 2.3 million shares traded.
Allied Waste Industries, Inc. is a waste services company.
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