Business News

Market Alert: CLTH Is on the Move!

SOURCE:

Wall Street Press Wire

2008-07-16 07:33:00

Market Alert: CLTH Is on the Move!

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall Street Press Wire.

MIAMI, FL–(EMWNews – July 16, 2008) – Wall Street Press Wire’s

(www.WallStreetPressWire.com) “stocks on the move” for Wednesday includes:

CleanTech Biofuels, Inc. (OTCBB: CLTH), Evergreen Solar, Inc. (NASDAQ: ESLR), LDK Solar Co. Ltd. (NYSE: LDK) and Gilead Sciences, Inc. (NASDAQ: GILD).

To receive FREE Mobile Stock Alerts formatted especially for your cell

phone, text the word “STOCK” in the subject line to 79704.

*** This free service can be discontinued at any time by replying to any

one of the alerts with the word “stop.”

With major breaking news just released, Wall Street Press Wire is

continuing its in-depth coverage of CleanTech Biofuels, Inc. (OTCBB: CLTH),

a development stage company with technology capable of converting municipal

solid waste into ethanol.

Tuesday after the markets closed, the company issued an important press

release announcing the signing of an agreement with Biomass North America

Licensing, Inc. to acquire the company via merger.

This news should be welcomed by the company and its investors! Biomass

North America Licensing, Inc. owns the rights to use a proprietary and

patent pending technology for the production of cellulosic biomass from

municipal solid waste in the United States and Canada. CleanTech will

issue the shareholders of Biomass North America, 2,000,000 shares of its

common stock at Closing and an additional 4,000,000 shares of its common

stock upon commencing a commercial development using the technology.

The agreement provides for the development of a commercial site using the

licensed technology at a transfer station currently operating in Chicago,

Illinois. The proposed site for the commercial development is owned by a

principal shareholder of Biomass North America.

This acquisition will complement CleanTech’s existing Pressurized Steam

Classification Technology for the production of fuel ethanol, and is

expected to enable the Company to enter the additional business line for

the production of renewable electricity from municipal solid waste.

The Biomass North America technology is currently being operated at a

commercial plant in Australia where the cellulosic biomass produced from

municipal solid waste is being utilized as a soil amendment. Ed Hennessey,

CEO of CleanTech Biofuels, Inc., stated: “We are very pleased to acquire

this new technology and anticipate moving quickly to deploy it in a

commercial setting for the production of renewable energy.”

CleanTech Biofuels, Inc. is a development stage company with technology

capable of converting municipal solid waste into ethanol. By using the

existing infrastructure for municipal solid waste collection and disposal

to collect biomass at negative feedstock cost, the Company expects to

achieve profitability quickly relative to other ethanol producers who must

develop their infrastructure to collect and transport more expensive

feedstocks such as sugar cane, corn or even switch grass, wood waste, or

corn stover.

Wall Street Press Wire’s in-depth profile for CleanTech Biofuels is

available at:

http://www.wallstreetnewsalert.com/HotStocks/CLTH071508/default.aspx.

The stock closed Tuesday at $1.00 a share.

Evergreen Solar, Inc. (NASDAQ: ESLR) up 11.4% on 25.1 million shares

traded.

Evergreen Solar, Inc. develops, manufactures and markets solar power

products for residential and commercial applications globally.

LDK Solar Co. Ltd. (NYSE: LDK) up 5.6% on 3.1 million shares traded.

LDK Solar is a leading manufacturer of multicrystalline solar wafers, which

are the principal raw material used to produce solar cells. LDK Solar sells

multicrystalline and mono-crystalline wafers globally to manufacturers of

photovoltaic products, including solar cells and solar modules.

Gilead Sciences, Inc. (NASDAQ: GILD) up 2.7% on 10.3 million shares traded.

Gilead Sciences is a biopharmaceutical company that discovers, develops and

commercializes innovative therapeutics in areas of unmet medical need.

Wall Street Press Wire:

Wall Street Press Wire (WSPW) is the premier online financial destination

of choice for today’s investment community, and a leading provider of

online press release distribution and a disseminator of electronic

information. From Wall Street to Main Street, our goal is to bridge the gap

between emerging publicly traded companies and shareholders across the

country.

With many small publicly traded companies operating under the radar of

mainstream Wall Street, our service places their news story in front of the

eyes of the investment community. Utilizing a targeted distribution

approach, their story reaches the top news websites on the web and

thousands of investors nationwide. For more information on our products,

please visit: http://www.wallstreetpresswire.com/content.php?UID=5.

Wall Street Press Wire (WSPW) is a division of Wall Street Capital Funding

LLC (WSCF). WSCF also maintains a contractual, working relationship with

Stock Market Alerts LLC and its’ Wall Street Enews brand. WSPW is not a

registered broker/dealer and may not sell, offer to sell or offer to buy

any security. WSPW profiles are not a solicitation or recommendation to

buy, sell or hold securities. An offer to buy or sell can be made only with

accompanying disclosure documents from the company offering or selling

securities and only in the states and provinces for which they are

approved. The material in this release is intended to be strictly

informational. The companies that are discussed in this release have not

approved the statements made in this release nor approved the timing of

this release. All statements and expressions are the sole opinion of WSPW

and are subject to change without notice. Information in this release is

derived from a variety of sources including that company’s publicly

disseminated information, third parties and WSPW research. The accuracy or

completeness of the information is not warranted and is only as reliable as

the sources from which it was obtained. WSPW disclaims any and all

liability as to the completeness or accuracy of the information contained

and any omissions of material fact in this release. The release may contain

technical inaccuracies or typographical errors. It is strongly recommended

that any purchase or sale decision be discussed with a financial adviser,

or a broker-dealer, or a member of any financial regulatory bodies.

Investment in the securities of the companies’ discussed in this release is

highly speculative and carries a high degree of risk. WSPW is not liable

for any investment decisions by its readers or subscribers. Investors are

cautioned that they may lose all or a portion of their investment if they

make a purchase in WSPW profiled stocks.

This profile is not without bias, and is a paid release. WSCF has been

compensated for dissemination of company information on behalf of one or

more of the companies mentioned in this release. WSCF has been compensated

Seventy Five Thousand Dollars (Twenty Five Thousand Dollars for current

services and Fifty Thousand Dollars for previous services) for coverage of

CleanTech Biofuels, Inc. (OTCBB: CLTH), by third party, Five Sigma Limited,

who is non-affiliated and may hold a significant position in the stock, for

services provided including dissemination of company information in this

release. WSCF holds no shares of the stock. WSCF may receive additional

compensation for extension of its services. Any additional compensation

will be disclosed at such time that WSCF is aware of a client’s desire to

extend the original services. WSCF may have received shares of a company

profiled in this release prior to the dissemination of the information in

this release. WSCF may immediately sell some or any shares in a profiled

company held by WSCF and may have previously sold shares in a profiled

company held by WSCF. WSCF’s services for a company may cause the company’s

stock price to increase, in which event WSCF would make a profit when it

sells its stock in a company. In addition, WSCF’s selling of a company’s

stock may have a negative effect on the market price of the stock.

This release contains “forward-looking statements” within the meaning of

Section 27A of the Securities Act of 1933, as amended, and Section 21E the

Securities Exchange Act of 1934, as amended and such forward-looking

statements are made pursuant to the safe harbor provisions of the Private

Securities Litigation Reform Act of 1995. “Forward-looking statements”

describe future expectations, plans, results, or strategies and are

generally preceded by words such as “may,” “future,” “plan” or “planned,”

“will” or “should,” “expected,” “anticipates,” “draft,” “eventually” or

“projected.” You are cautioned that such statements are subject to a

multitude of risks and uncertainties that could cause future circumstances,

events, or results to differ materially from those projected in the

forward-looking statements, including the risks that actual results may

differ materially from those projected in the forward-looking statements as

a result of various factors, and other risks identified in a companies’

annual report on Form 10-K or 10-KSB and other filings made by such company

with the Securities and Exchange Commission. You should consider these

factors in evaluating the forward-looking statements included herein, and

not place undue reliance on such statements. The forward-looking statements

in this release are made as of the date hereof and WSPW undertakes no

obligation to update such statements.

Wall Street Press Wire
www.WallStreetPressWire.com
Contact:

free cash grants, free grant money, free money, cash grants, scholarships, business grants, foundation grants, government grants, debt grants, consolidation, college tuition, financial aid, medical grants, personal grants, medical bills, unsecured loans, no interest loans, financing, loans, capital, non profit organizations

Major Newsire & Press Release Distribution with Basic Starting at only $19 and Complete OTCBB / Financial Distribution only $89

Get Unlimited Organic Website Traffic to your Website 
TheNFG.com now offers Organic Lead Generation & Traffic Solutions





























Jordan Taylor

Jordan Taylor is Sr. Editor & writer from San Diego, CA. With over 20 years and 2650+ articles edited rest assured your Press Release will see traction.

Related Articles

Back to top button