SOURCE: Wall Street News Alert
|
October 24, 2006 08:43 ET
Wall Street News Alert: Hot Stock Alert Issued on ECPL! October 24, 2006
NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall Street Capital Funding.
WESTON, FL--(Marketwire - October 24, 2006) - Wall Street News Alert's "stocks to watch" this
morning are: EcoPlus, Inc. (PINKSHEETS: ECPL), El Paso Corp. (NYSE: EP), GE
(NYSE: GE) and MetaSolv, Inc. (NASDAQ: MSLV).
EcoPlus, Inc. (PINKSHEETS: ECPL) may be a target of aggressive investors
and day traders this morning! Yesterday after the stock markets closed, the
company, which has a patent-pending, commercially proven technology that
for turning restaurant refuse into a high quality, solid fuel product,
issued a press release announcing that it has signed a Letter of Intent
with Alliance Development Group for technology licensing and construction
of EcoPlus plants.
News of the LOI should get the attention of investors! Bill Burk,
President of Alliance Development Group said, "The goal of five plants
completed or under our development function by the end of 2007 is
aggressive but achievable, especially through our exclusive relationship
with a worldwide leader in construction management, which gives EcoPlus a
highly accelerated build-out potential."
Ralph Rogers, President of EcoPlus, replied, "As we stated when we began
discussions with Alliance, the relationship could be an important factor in
our plans for national distribution of our technology. As proof, Alliance
has made introductions to municipal representatives even prior to a formal
agreement, and those introductions could lead to multiple municipal
technology license purchases. The goals Alliance has set for development
and rollout of our technology will push 2007 projected revenues higher than
expected."
Wall Street News Alert is placing Aggressive Investors on alert to monitor
the progress of EcoPlus! The company anticipates completing a final
agreement by December 31. Alliance expects that full or partial completion
of five plants by the end of 2007 should be attainable. According to the
press release, EcoPlus, Inc. and Alliance Development see an estimated
$22.3 million in technology sales and related construction in 2007.
ECPL has a patent-pending, commercially proven technology that utilizes an
environmentally friendly process for turning this brown restaurant grease
into a high quality, solid fuel product. This product can be used as a coal
substitute to produce power, as an adjunct fuel in waste heat to energy and
steam plant operations and as a fuel for industrial process heat over a
broad range of applications. This option to capture BTUs for energy that
are normally wasted is highly attractive in the tight energy environment of
today.
Prior to the latest press release, the stock closed yesterday at Twenty
Five cents a share.
For an in-depth profile of EcoPlus, visit
http://www.thenewssvc.com/ECPL102306.html
To view all of Wall Street News Alert's special early morning trading
alerts for this morning, visit www.WallStreetNewsAlert.com, where you may
also sign up to receive free email alerts in advance of our press releases
being issued.
El Paso Corporation (NYSE: EP) down 1% on 5.2 million shares traded. El
Paso Corporation provides natural gas and related energy products in a
safe, efficient, and dependable manner.
GE (NYSE: GE) up 0.1% on 26 million shares traded. GE is a diversified
technology, media and financial services company focused on solving some of
the world's toughest problems.
MetaSolv, Inc. (NASDAQ: MSLV) up 20.7% on 5.5 million shares traded.
MetaSolv, Inc. is one of the leaders in comprehensive operations support
system solutions for next-generation communications service providers.
Market Commentary:
"Oil continued to drop, off by 83 cents a barrel or $58.50. OPEC, the
producers of 40% of the world's crude oil, will start cutting production on
November 1 by 1.2 million barrels per day. The cut was larger than the 1
million barrels per day originally discussed. One oil analysts noted that
cutbacks are difficult to maintain as exporters are notoriously lax in
maintaining quotas; maybe $58 dollars a barrel will look good when oil
drops to say $38 a barrel," stated Sonja Rudd in Wall Street News Alert's
daily commentary continued at: http://www.WallStreetNewsAlert.com.
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