SOURCE: eLocity Inc.

June 22, 2005 12:56 ET

June 22nd 2005 Stock Trading Alert

NOTE TO EDITORS: The Following is an Investment Opinion Being Issued by eLocity Inc.

SARASOTA, FL -- (MARKET WIRE) -- June 22, 2005 -- eLocity's stocks to watch for Wednesday are -- Cascade Energy, Inc. (OTC BB: CSCE), Andresmin Gold Corporation (OTC BB: ADGD), Genesis Technology Group, Inc. (OTC BB: GTEC), Arotech Corporation (NASDAQ: ARTX).

In the news today is Cascade Energy, Inc. (OTC BB: CSCE), a natural gas and oil exploration company based in the heart of California's gas country. The company announced Wednesday that it has cancelled 20 million shares of common stock, which were originally intended for a past venture that has now been terminated. Cascade Energy said the shares were tendered by the former President of the Company and have been returned to treasury.

Also, Cascade Energy announced that it has acquired two key natural gas assets in the Coyote Creek Project in California and the Empress Project in Alberta, Canada. Cascade recently announced the acquisition of the Strand Fiord Coal Project on Axel Heiberg Island in Canada's arctic.

Shares of Cascade Energy, Inc. (OTC BB: CSCE) are currently trading at around 93 cents a share.

Other stocks making headlines:

Andresmin Gold Corporation (OTC BB: ADGD)

Andresmin Gold Corp. announced Tuesday that the Winicocha diamond drilling program is progressing on schedule with five drill holes completed to date for 1670m. The company said the drill program is testing several induced polarisation geophysical anomalies and the depth extent and character of surface geochemical anomalies.

ADGD closed Tuesday's trading session at $0.17.

Genesis Technology Group, Inc. (OTC BB: GTEC)

Genesis Technology Group announced Tuesday that its new subsidiary, Genesis Hong Kong OEM Direct, signed a contract with Diebold Shanghai to furnish a trial order of LCD monitors. The company said that it had predicted that its import/export branch should add more than $6 million to annual revenues that topped $23 million in the past fiscal year, but said recent contracts suggest that this initial forecast may prove too conservative.

GTEC closed Tuesday's trading session at $0.08.

Arotech Corporation (NASDAQ: ARTX)

Defense and security equipment provider Arotech Corp. announced Wednesday that its Simulation and Security Division, through its FAAC subsidiary, has recently received contract awards totaling over $2.7 million. The company said its FAAC subsidiary will deliver a variety of mobile simulation solutions across its entire product portfolio, including F-15 flight software programs, foreign military sales, military driving simulators and transit driving simulators.

ARTX closed Tuesday's trading session at $1.12.

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The newsletter is provided by eLocity Inc., an electronic broadcaster and publisher of this newsletter, is here after referred to as "the company." The company received compensation for newsletter and ad services for CSCE (Public Company). The compensation is twenty-five thousand dollars from Cascade Energy, Inc. Because the company received compensation for its services, there is an inherent conflict of interest in the company statements and opinions and such statements and opinions cannot be considered independent.

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Investing in the Public Company that this newsletter is providing service for should be reviewed is speculative and a high-risk and may result in the loss of some or all of any investment made in the client. This release may contain statements that constitute 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.

The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," and similar expressions and variations thereof are intended to identify forward-looking statements.

Contact Information

  • Contact:
    eLocity Inc.
    Thomas Clay