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Beacon Equity Research Featured Company: TransAct Energy Corp. (TEGY)

TransAct Energy Corp., a corporation formed in 2006, specializes in producing and selling clean energy on a global scale. To achieve their goals, the company mainly deals in the conservation of sustainable energy options, including geothermal, solar and wind renewable resources.

After its incorporation, TransAct set out to acquire energy leases of various kinds: oil, gas, geothermal, wind, solar or marine. The Nevada-based company’s first acquisition was an oil and gas interest in Alberta, Canada and thereafter, they explored other interests throughout the province.

The experience paved the way for TransAct to become a reporting company and work closely with the U.S. Securities and Exchange Commission. In the meantime, the company filed an S1 Registration statement to initiate a subscription to the company’s stock in order to process the company for trading. In January 2010, TransAct completed the registration process and came to trade.

The company now has projects initiated in various countries and continents, including: Canada, India, Pakistan and Vietnam, among others. TransAct’s global presence and commitment to renewable resources is shaping the clean energy conversation.

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