SOURCE: eLocity Inc.

May 11, 2006 07:10 ET

Thursday, May 11th Stock Trading Alert

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

SARASOTA, FL -- (MARKET WIRE) -- May 11, 2006 -- eLocity’s stocks to watch for today are -- Nanoforce, Inc. (OTC: NNFC), Owens Corning (OTC BB: OWENQ), Distributed Energy Systems Corp. (NASDAQ: DESC), Emisphere Technologies, Inc. (NASDAQ: EMIS).

Investors, continue to follow Nanoforce, Inc. (OTC: NNFC), a developer of nano-materials, new refining processes and equipment for use in new and existing energy sector technologies. Nanoforce announced Wednesday the incorporation of its new wholly owned subsidiary, Energy Farms, Inc. in New Mexico. The company said that Energy Farms is developing methods to cultivate and harvest small photosynthetic organisms in refinery waste for the production of biodiesel, a cleaner burning diesel replacement fuel made from natural, renewable sources.

The company said that it intends to explore the mass production of this form of biodiesel feedstock in hopes that it will form a major component of an eco-friendly "closed loop" liquid fuel production system, according to Nanoforce CEO, David Rendina. The US Department of Energy predicts the global biodiesel market will reach $70 billion by 2010, and two new EU Directives will help increase the European biodiesel market from $504 million in 2000 to $2.4 billion by 2007, according to Frost & Sullivan.

Investors may learn more about Nanoforce, Inc. by going to

Shares of Nanoforce, Inc. (OTC: NNFC) are currently trading at around 82 cents.

Other stocks to watch:

Owens Corning (OTC BB: OWENQ) announced Wednesday that the company will emerge from bankruptcy in 2006, after reaching an agreement with its creditors.

OWENQ closed Wednesday at $1.66.

Distributed Energy Systems Corp. (NASDAQ: DESC) subsidiary, Northern Power, announced Wednesday that the company has been awarded a $2.7 million contract to design and install independent MT-Power™ remote power systems for two new offshore crude oil & natural gas production platforms in the Gulf of Mexico.

DESC closed Wednesday's regular trading session at $6.62.

Emisphere Technologies, Inc. (NASDAQ: EMIS) announced Wednesday that the company has agreed to sell 4 million shares of common stock at $8.26 per share, with the proceeds to be used for general corporate purposes, including further development of its lead clinical programs.

EMIS closed Wednesday's regular trading session at $9.72.

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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 this service for NNFC (Public Company). The compensation is one thousand, two hundred dollars from a non-affiliated third party, Equity Alliance, 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, 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