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  • EGAS, NUEC, PCX - Stock Alerts! from CRWEfinance.com - Gas Natural Inc., NuEarth Corp., Patriot Coal Corp. 0 comments
    Sep 7, 2010 3:14 PM | about stocks: EGAS, NUEC, PCXCQ

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      NuEarth Corporation (OTCPK:NUEC)

    NUEC's Laboratory and Research Division "TerraSolv SA" has renegotiated and finalized its Joint Venture Agreement with Laboratorio Internazionale Agricoltura, S/p/A ("LIA") of Italy.

    The Finalizing of the Joint Venture Continuation Agreement brings 2 new laboratory projects to TerraSolv. These projects are currently valued at more than $1.5 Million over the three-month work schedule starting in October 2010.  However, each contact has provisions that could triple the final contact value to more than $6 Million USD over their 12 month life cycle. "We've seen incredible value from the lab, which has paid for itself several times over in its first year of operations. It represents a new, higher standard for doing business in IT throughout the environmental and agricultural industries. We're taking more risk out of the system, putting more structure into it, suffering less downtime and delivering higher-quality services," said Levi Modelevi - CEO of NUEC the parent of TerraSolv SA. The TerraSolv SA Laboratory has generated more than $32 Million over its 3 year existence – Mostly due to the Joint Venture with Laboratorio Internazionale Agricoltura, S/p/A.

    The joint venture will continue to utilize the TerraSolv SA state-of-the-art development and testing lab currently being relocated to the United States of America. This data center, which collects data from clients around the world to run projects ranging from usability, capacity, spread and weather modeling and performance testing. The heart of the laboratory is a 225-gigabyte database of environmental and agricultural project records running on six HP servers and two Novell servers storing the data and running the software being tested.

    TerraSolve/LIA is a state-of-the-art development and testing lab, which collects data from clients around the world to run projects simulations ranging from usability, capacity, spread and weather modeling testing. The heart of the laboratory is a 160-gigabyte database of environmental and agricultural project records running on six HP servers and two Novell servers storing the data and running the modeling software.

    NUEC engages in the development and marketing of organic and biodegradable products in the Americas. NUEC develops clean and green soil and water conservation technologies. NUEC's product line includes NuSoil-liquid and granular products to change eroded property to productive land; SaltBlocker, an organic matter that limits the availability of salt cations and anions to the liquid soil, and changes the osmotic pressure within the soil composite; NuWater, a NuSoil water gel additive that helps prevent dust storms; and AquaSolv-liquid and granular formulations that slow down the infiltration rate of water and enables lateral spread through the root zone.

    To learn more about NUEC visit: http://www.nuearthcorp.com

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      Gas Natural Inc. (Amex:EGAS)

    EGAS, a natural gas utility company serving approximately 62,000 customers in six states, recently announced the appointment of Wade F. Brooksby and Nicholas U. Fedeli to the Board of Directors.

    Mr. Brooksby formerly was Vice President & Chief Financial Officer and a director of InNexus Biotechnology Inc., a Toronto Stock Exchange traded drug development company.  His extensive background includes various executive management positions in public and private companies with his career initiating as a public accountant with the then PriceWaterhouse & Co. Mr. Brooksby also has experience with EGAS's wholly-owned subsidiary, Energy West, Incorporated, where he served as CFO from 2004 through 2006. Mr. Brooksby will serve on EGAS's audit and governance and nominating committees.

    EGAS engages in the distribution and sale of natural gas to residential, commercial, and industrial customers in Montana, Wyoming, North Carolina, and Maine.

    To learn more about EGAS visit: http://www.ewst.com

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      Patriot Coal Corporation (NYSE:PCX)

    PCX confirmed that the Federal District Court in Huntington, West Virginia issued rulings with respect to pending selenium lawsuits brought by various environmental constituencies against PCX's Apogee and Hobet subsidiaries. Pursuant to the court order, Apogee was found in contempt for failing to comply with a consent decree issued in March 2009  requiring compliance with selenium limits in certain mining permits. Apogee was ordered, among other things, to install a biological-based fluidized bed reactor (NYSE:FBR) system to treat selenium discharges at certain affected outfalls and to come into compliance with applicable selenium discharge limits by March 1, 2013. Separately, Hobet was ordered by the court to submit a treatment plan by October 1, 2010 and to come into compliance with applicable selenium discharge limits under its Hobet 22 permit by May 1, 2013.

    PCX engages in the production and sale of thermal coal in the United States. PCX has operations and coal reserves in Appalachia and the Illinois basin. PCX provides its thermal coal to electric utilities, as well as metallurgical coal to steel mills and independent coke producers.

    To learn more about PCX visit: http://www.patriotcoal.com

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    Stocks: EGAS, NUEC, PCXCQ
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