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Put KGET on your radar NOW!
BREAKING NEWS!
Kleangas Energy Technologies, Inc. Acquires A ProfitablePellet Production And Electricity Generation Plant
Kleangas Energy Technologies, Inc. (OTC PINK: KGET) is pleased to announce that It has signed a definitive Stock Purchase Agreement acquiring an expansive Clean Energy Company that has a production capacity of 15,000 MT (Metric Tons) of Pellets per year and generates approximately 2.4 MW (Mega Watts) of electricity. This acquisition brings into Kleangas a company generating over $1,500,000 in gross revenue and an EBITDA of more than $600,000. Both operations are green environmentally friendly operations generated out of this one facility.
The plant burns waste landfill gases to create electricity, which in turn is sold into the grid and purchased by major utilities. This electricity is purchased by the Utilities at a premium to fossil fuel produced electricity because it is clean/renewable energy. Each state is mandated to reach certain levels of clean energy within the next few years. Most states are not close to reaching these mandated levels so they in turn are will to pay a hefty premium for this clean energy.
This facility also uses the heat generated by the burning of the landfill gas to create wood pellets. Wood pellets are used as an alternative to coal as a fuel, which is burned to create electricity. This 20,000 sq. ft. facility sits on 5 acres of land. The current facility can be doubled in size. Enough Pellet lines can be added in to bring monthly pellet production to more than 5,000 metric tons per month. An additional facility can be cost effectively added to the land allowing for future pellet production to easy exceed more than 10,000 metric tons a month.
Mr. Linton CEO of Kleangas stated, "This acquisition fits perfectly within our core business of being a green energy company by producing electricity from landfill gas and using the heat from burning the landfill gas to create wood pellets. The land associated with this acquisition can allow us to double the facility from over 20,000 sq. ft. to over 40,000 sq. ft. which means we can double the electricity generated from 2.4 MW to almost 5MW and the pellets produced from 15,000 MT to over 30,000 MT. We are fortunate that we do not have to seek buyers for the electricity generated nor for the wood pellets produced due to the high demand for both products."
Read the FULL Releases and past news:
http://finance.yahoo.com/q?s=KGET&ql=1
KGET is has just this week started an upward movement from it's recent bottom of .0024!
I've been keeping my eye on KGET's level 2 over the last week and with the strengthening that came into play yesterday, KGET now tops my watchlist for Thursday!
KGET is no stranger to quick gains on the bounce!
One glance at KGET's chart, and you will see two separate occasions where the stock leapt it's current PPS to .0052!
Could KGET see yet another 52.94% bounce?
Very possible.
In my opinion, KGET is poised for another run, and with a massive 52 week high of .21 -- there's no telling how high this one could go!
As always, be ready at the open 9:30am est!
Sub-penny plays tend to run fast and I expect this one to be no different!
About the Company:
Kleangas Energy Technologies (KGET) is a company dedicated to producing alternative clean technologies and products that promote energy efficiency throughout a wide range of applications.
Kleangas through its wholly owned subsidiaries sells wood pellets as an alternative to coal and a waste heat to electricity patented technology.
Green Day Technologies Inc. has licensed patented waste heat to electric power generation technology and works as a co-generator when installed on a primary electrical generator unit.
It is also powerful enough to serve as a primary energy source.
Green Day's subsidiary G-PELL also has pending contracts to sell refuse and biomass derived pellets, which are alternatives to producing electricity instead of the traditional method of burning coal.
Second Cycle Recycling subsidiary of Kleangas creates pellets made from recycled paper to be used for cat litter, animal bedding and a variety of other used to be developed.
KGET's CEO, Mr. Bo Linton, has worked extensively with developing environmental technologies.
He has recently met with world leaders about clean energies and presented clean fuel technology to the United Nation's in 2007.
Mr. Linton was a speaker and on a panel at the 1st annual "waste-to-fuel" conference held in Orlando, Florida in 2008.
You may continue your research at
http://www.kleangas.com
and make sure KGET gets your FULL ATTENTION ASAP!
Follow these rules and strategies and you will learn how to book consistent profits.
GETTING IN
Always use limit orders when getting into a stock. Pick an entry price and stick with it. Don't chase stocks. There will always be another trade right around the corner. Don't beat yourself up if you miss one. The last thing you want to do is over pay because you see a stock moving and think you are missing the boat. Never use market orders to enter into a trade. Using market orders allows the market maker to fill you at whatever price they like and leaves you vulnerable to getting poor fills.
IF A STOCK GAPS WAY UP DO NOT CHASE IT!
Most stocks that gap up will come down during the day. (usually starting between 9:45 EST and 10:15 EST) When a stock gaps up the market makers will usually push it lower starting at this time to try to get investors to panic and sell shares back to them so they can make a profit on any shares they are short from filling orders on the gap. If you like the stock and it gaps up you can usually pick up cheaper shares when the market settles back.
WATCH THE OPEN
Watching the open is very important. You can learn a lot about how a stock may act in the first 10-15 minutes after the market opens. The first thing I look for is lots of selling. If you are watching a stock that has an average daily volume of 50,000 shares and the stock trades 250,000 shares in the first ten minutes and it isn't moving this is not a good sign. This means there are lots of sellers and they are probably only going to get more aggressive as the day goes on. You want to see a stock tick up on a regular basis as you see buys come in. If you are in a stock and you see lots of buying and it's not moving GET OUT. Don't wait. KEEP YOUR LOSSES SMALL THE SAFEST WAY TO DO THIS IS TO SELL A STOCK IF IT GOES BELOW THE PRICE IN MY ALERT.
When you enter a trade you need to determine how much you are willing to risk. Have a firm number and get out if the trade goes against you. Every big loss started as a small loss where the investor lost control of their emotions and didn't close out the trade. When you're an investor you are going to have trades that go against you. It happens to everyone. Successful traders know how to limit losses while unsuccessful ones do not. They begin to hope and pray that the stock will turn around so they don't lose money and next thing they know a small 10% loss is now a 40% loss. At this point they begin to think the stock cannot go any lower and they hang on. Now it's a 90% loss and they finally sell. Do not let this be you. Put a line in the sand in every trade you do. When it gets over that line, get out.
BE CONSISTENT
Get used to booking profits no matter how small. It may help to learn to take small profits when you begin. There is nothing wrong with taking 10%, 15%, or 20% profits on trades. This gets you in a winning state of mind and makes taking profits much more of a habit. You do not need to buy at every low and sell at every high in order to make a lot of money in the market. You just need to be consistent. Everyone wants to hit home runs when they buy penny stocks but the fact is most investors will lose more money hanging on for the big winner instead of taking consistent profits.
DO NOT BE GREEDY!
This will be the death of your trading account.
A mistake that many traders make is allowing a profitable trade to turn into a break even or losing trade. Always book profits no matter how small. Put the money in the bank.
Follow these rules and you will become a much better trader!
AS ALWAYS DO YOUR RESEARCH AND WATCH FOR MORE STOCKS FROM THE FREE STOCK ALERTS NETWORK!
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