StockRockandRoll.com NEWSLETTER Members, Today`s Special Bounce Play * CLNO * is Ready to ROCK! Symbol: CLNO.ob Current PPS:$0.0876 <--- Unbelievable Entry Point! 10-Day Avg Vol: 364.2K Outstanding Shares:: 109.9M Float: 47.6M Today`s `Special Bounce Play` is * CLNO *
Cleantech Transit (CLNO) is a Las Vegas, Nevada based company, founded in 2006, with its current focus on their biomass division, Phoenix Energy, to utilize more efficient, environmentally-friendly energy technology to generate greater returns for manufacturers worldwide.
CLNOs initiative is to create a self sustaining environment where it may produce and sell clean electricity for domestic use by using innovative technologies to reduce electricity consumption and dependence on carbon based energy. As a result, CLNO is converting 100% recyclable agricultural and wood waste (biomass) into cleaner burning energy such as heat and electricity and other salable by-products. CLNOs conversion of biomass into clean energy will reduce the amount of toxic pollutants in the atmosphere, save landfill space, and improve energy security.
CLNO recently finished constructing the 640 kilowatt biomass generated power plant in Merced, California which surpassed the original 500 KW production capacity CLNO initially estimated. CLNOs California power plant will sell power to one of Californias largest utilities under a 15 year power purchase agreement. As a result, CLNO has recently completed the initial air quality inspection and is moving forward to commence its commercial operations.
Additionally, CLNO has two additional projects, expected to be completed end of 2012, in California that will each be composed of 1Megawatt biomass gasification facility to provide enough electricity to power an estimated 800 homes. Similarly, CLNOs facilities will be able to process heat for the use of drying agricultural products.
Website: www.cleantechtransit.net Why does SR&R like CLNO * A major percentage of the worlds fossil fuels derive from some of the worlds volatile places. Therefore, by reducing the nations dependence on foreign oil, the U.S. will be safer, as well as in a better economic place! * Industry analyst Global Business Insights has concluded that biomass is a simple and cost efficient alternative that will provide up to 50% of the worlds energy needs by 2050! * By 2022, the U.S Federal Government Renewable Fuel Standard program is requiring a +300% increase in biofuels usage thus boosting the biofuel industry from the current $76 billion to $280 billion.
* According to the Environmental Protection Agency (EPA), during the biomass power process, for every thousand tons of wood, only 250 lbs. of methane are released into the air versus the 430,000 lbs of methane released for every thousand tons of wood that rots within a landfill; The conversion of wood waste to energy is highly beneficial to the environment instead of the natural decomposition due to the elimination of methane and other greenhouse gases during combustion.
* CLNO previously estimated their Merced biomass power plant to have a production capacity of 500KW however, CLNOs Merced plant surpassed their estimates by 28% and reached 640 KW.
* CLNO announced in a press release yesterday that `Under the terms of the 15-year power purchase agreement we would be entitled to receive a price of 0.11 cents per kilowatt of electricity sold`. CLNO continues to work toward finalizing production and to maximize each facilities output to create as much environmentally-friendly energy as possible.
* CLNO also has additional projects in California that will each be composed of 1Megawatt biomass gasification which will provide enough electricity to power an estimated 800 homes. These are predicted to be completed before the end of 2012.
* Do NOT forget that CLNO is positioned well due to President Obamas American Recovery and Reinvestment Act of 2009 which includes more than $70 billion in direct spending and tax credits for clean energy and associated transportation programs! * CLNO is currently trading at just .0876 cents! * CLNO`s chart is completely bottom`d, boasting immense upside-potential, with little downside risk. SR&R could NOT have timed Today`s `Special Bounce Play` better! * Just this week, CLNO hit a High of $0.14 and is currently trading on a bottom`d chart! If Today`s Play revisits the recent High, Smart Penny Stock Traders could easily walk away with as much as +59.82% in same day profit! * Word is getting out about CLNO - it is currently the #1 most active forum on IHUB! * Taking a look at the 10-Day Chart below, you will see a Huge Boost in trading activity that commenced just 5-trading sessions ago - this is typically a precursor to a Big Upward Movement in PPS! All members should consider picking up shares of...
Today`s Special Bounce Play! This is the one you DON`T want to miss...
* CLNO * looks READY to ROCK!! Cleantech Provides Details on the 500 KW Bio Mass Power Purchase Agreement 7:00a ET April 25, 2012 (Market Wire) Cleantech Transit, Inc. ("Cleantech or the Company") (OTCBB: CLNO) is pleased to provide further details on the 500 KW bio mass facility located in Merced County, California. As previously reported the plant is currently connected to the electricity grid under California`s feed-in tariff.
Under the terms of the 15-year power purchase agreement we would be entitled to receive a price of 0.11 cents per kilowatt of electricity sold. The Merced plant is capable of producing 500 KW of electricity per hour when running at full capacity. With the plant surpassing its 500 KW production capacity in the initial testing stage, Cleantech is optimistic that the bio mass facility will continue to move toward the commercial operation stage in a timely manner.
President and CEO of Cleantech Transit Inc. Kenneth Bosket commented, "The Company is pleased with the progress made thus far and is looking forward to developing this asset and making other potential investments in the clean energy sector." About Cleantech Transit Inc.:
The Company`s mandate is to create opportunities utilizing advances in technology and manufacturing processes in order to develop significant market share in the alternative clean energy sector. With the growth in green energy initiatives, the Company has expanded its focus to invest directly in specific projects that will maximize shareholder value. Recent advances in the technology of converting wood waste into power have greatly enhanced the economic value of the company`s systems. A Biomass division was launched led by Phoenix Energy to focus exclusively on generating greater returns for manufacturing clients worldwide. For more information please visit the Company`s website at www.cleantechtransit.net.
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