SOURCE: eLocity Inc.

February 01, 2010 08:10 ET

Stock Trading Alert for Monday, February 1, 2010

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

NEWARK, NJ--(Marketwire - February 1, 2010) - eLocity's stocks to watch for today are Green Parts International, Inc. (PINKSHEETS: GNPT), Steel Dynamics, Inc. (NASDAQ: STLD), Raven Biofuels International Corporation (PINKSHEETS: RVBF), CelLynx Group, Inc. (OTCBB: CYNX):

Investors, have a good look at Green Parts International, Inc. (PINKSHEETS: GNPT), an automobile and appliance recycler providing raw materials for manufacturers in the United States, China, Korea and India. Green Parts International effectively maximizes the recycling effort by separating different materials and parts from cars and office equipment and ships them to the end users. Parts from cars and office equipment are reused and don't end up in landfills, and by utilizing state of the art recycling equipment the parts that are not suitable for reuse are broken down to their base elements, such as steel, aluminum, and copper and sold as raw materials for manufacturing. Green Parts International believes this "green" approach to total recycling is not only good for the environment but also offers a tremendous profit potential.

After the closing bell on Friday, Green Parts International announced that it had executed a Letter Of Intent for a $2.5 Million Credit Facility which the Company said will help exceed its revenue target for next year. President and CEO of Green Parts International, Asif Balagam commented, "As our consolidation and re-finance efforts produce positive cash flow, we are able to secure additional capital through various structures. During the tough environment of credit, that we are able to increase our capital is a testament to our business model and execution."

Shares of Green Parts International, Inc. (PINKSHEETS: GNPT) closed on Friday at $0.06.


Other stocks to watch Monday:

Steel Dynamics, Inc. (NASDAQ: STLD), one of the nation's largest scrap metals processors and producer of carbon steel products, announced Thursday the Company will be hosting its fourth quarter and year end 2009 Conference Call Webcast on February 4, 2010 at 10:00am EST. The call will also be archived on the company's Web site. Steel Dynamics, Inc., operating through three business segments: steel operations, steel fabrication operations and metals recycling and ferrous resource operations, has exceeded analyst's earnings estimates for the previous two quarters ending September 2009.

Shares of Steel Dynamics, Inc. (NASDAQ: STLD) closed Friday's regular trading session at $15.18, and was trading 35 cents higher in extended hours.


Raven Biofuels International Corporation (PINKSHEETS: RVBF), a clean energy technology company focused on developing technologies to produce transportation fuels and green chemicals from waste or biomass, announced an update to shareholders on Friday regarding the company's Joint Venture with the Kamloops Indian Band. The purpose of the Joint Venture, Raven Biofuels said, is to further the planning required to construct a "next generation," advanced cellulosic ethanol biorefinery, a project responding to current initiatives in British Columbia to develop new environmentally sustainable technologies and innovation opportunities in the forestry sector.

Shares of Raven Biofuels International Corporation (PINKSHEETS: RVBF) closed on Friday at $0.08.


CelLynx Group, Inc. (OTCBB: CYNX), a company that produces and markets 'plug 'n play' mobile phone signal amplification technology, announced on Friday that it had signed an agreement with Yohay Associates to manage the sales and marketing of the Company's 5BARz™ line of mobile phone boosters in the Northeastern U.S. and Florida marketplaces. Specializing in sales and marketing for leaders in the consumer electronics industry, Yohay will represent the company's award winning 5BARz Road Warrior to its current account base consisting of 15,000 outlets nationwide. The CelLynx 5BARz™ Road Warrior is the first portable, plug 'n play device delivering faster Internet and clearer calls to mobile phones being used indoors or in vehicles.

Shares of CelLynx Group, Inc. (OTCBB: CYNX) closed on Friday at $0.19.

The newsletter is provided by eLocity Inc., an electronic broadcaster and publisher of this newsletter, and is hereafter referred to as "the company." The company received compensation for this service for GNPT (Public Company). The compensation is $1,000 from a non affiliated third party, Alex Consulting, 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.

The company reserves the right to trade in securities mentioned herein, and may make purchases or sales in such securities featured within our newsletter reports. The information contained in this publication is for informational purposes only, and not to be construed as an offer to sell or solicitation of an offer to buy any security. The company makes no representation or warranty relating to the validity of the facts presented nor does the company represent or warrant that all material facts necessary to make an investment decision are presented above. All statements of opinions, if any, (Our Summary) are those of the company.

The company relies exclusively on information gathered on the Public Company, such as public filings, press releases and its web sites. Investors should use the information contained in this publication as a starting point for conducting additional research on the Public Company in order to allow the investor to form his or her own opinion regarding the Public Company. Factual statements contained in this publication are made as of the date stated and they are subject to change without notice. The company is not a registered investment adviser, broker or a dealer.

Investing in the Public Company that this newsletter is providing service for should be reviewed as 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.

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