SOURCE: Stock Market Alerts

April 23, 2008 09:15 ET

Aggressive Stock Alert: CLTH! April 23, 2008

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Stock Market Alerts.

MIAMI, FL--(Marketwire - April 23, 2008) - Stock Market Alerts' performance stock list includes: CleanTech Biofuels, Inc. (OTCBB: CLTH), Sunoco Incorporated (NYSE: SUN), Chesapeake Energy Corp. (NYSE: CHK), Devon Energy Corporation (NYSE: DVN).

Having announced last week a licensing agreement with HFTA and the University of California, Berkeley, CleanTech Biofuels, Inc. (OTCBB: CLTH) should have the attention of investors this morning. Yesterday after the markets closed, the company issued a press release announcing that it has engaged Hazen Research, Inc. to construct and operate the pre-commercial stages of our Municipal Solid Waste to Ethanol project at Hazen's eight acre research facility in Golden, Colorado.

More good news for CLTH! In late January of this year, CleanTech Biofuels purchased a reactor system from the Forest Products lab at the University of California at Berkeley and reassembled it at Hazen. This reactor system has successfully demonstrated the effectiveness of our HFTA cellulose conversion technology on wood waste feedstocks at Berkeley. Currently we are utilizing this reactor system at Hazen in the first phase of our project to optimize reaction conditions for our Process Engineered Fuel derived for municipal solid waste as well as other cellulosic feedstocks including corn stover, wood waste, and switch grass.

Hazen Research has an experienced and competent staff supported by the laboratory and pilot plant facilities necessary to apply the most appropriate technology to evaluate any industrial, commercial, and environmental issues we may encounter as our project moves from development to commercialization. They maintain all permits, governmental (Federal, State and Local) permits, licenses, and other approvals necessary to complete this project.

Watch this company very closely! Last week the company reported that it has entered into an exclusive worldwide sublicense agreement with HFTA of Livermore, California to license technology developed by scientists at the University of California, Berkeley. The patented technology utilizes nitric acid rather than sulfuric or hydrochloric acid to hydrolyze cellulosic material for the production of ethanol and other fuels from biomass. Sulfuric or hydrochloric acids are typically used for most thermo-chemical hydrolysis processes. CleanTech believes that the HFTA/University of California Berkeley nitric acid process represents state-of-the-art technology in the cellulosic ethanol industry.

In addition to the company's exclusive rights to utilize municipal solid waste as feedstock for the HFTA technology, CleanTech has also obtained a nonexclusive worldwide license for all other cellulosic biomass feedstocks for the production of ethanol. The licensed technology is described in U.S. Patents No. 5221357, 5366558, 5536325, 5628830, and 6019900. The sublicense agreement is with HFTA, a California corporation formed by the developers of the technology while at the University of California at Berkeley

Before the news was released, CLTH closed Tuesday at $1.10 a share.

For Stock Market Alerts' in-depth profile of CleanTech Biofuels, visit

Other Stocks of interest yesterday were:

Sunoco, Inc. (NYSE: SUN) down 2.7% on 2.9 million shares traded. Sunoco, Inc., headquartered in Philadelphia, PA, is a leading manufacturer and marketer of petroleum and petrochemical products.

Chesapeake Energy Corporation (NYSE: CHK) up 3.8% on 22.7 million shares traded. Chesapeake Energy Corporation is the largest independent and third-largest overall producer of natural gas in the U.S. Headquartered in Oklahoma City, the company's operations are focused on exploratory and developmental drilling and corporate and property acquisitions in the Fort Worth Barnett Shale, Fayetteville Shale, Haynesville Shale, Mid-Continent, Appalachian Basin, Permian Basin, Delaware Basin, South Texas, Texas Gulf Coast and Ark-La-Tex regions of the U.S.

Devon Energy Corporation (NYSE: DVN) up 1.6% on 5 million shares traded. Devon Energy Corporation is an Oklahoma City-based independent energy company engaged in oil and gas exploration and production.

The advertisement is provided by Wall Street Enews, a division of Stock Market Alerts LLC, an electronic broadcaster and publisher of this release, and hereafter referred to as "the company." The company has not received compensation for services performed for CleanTech Biofuels, Inc. (OTCBB: CLTH). However, the company maintains a contractual working releationship with Wall Street Capital Funding (WSCF) which has been compensated Twenty Five Thousand Dollars (Ten Thousand Dollars for current services and Fifteen 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. Because compensation was received, 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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