OINK,SFIO, CLNO, CREG, TOPS, - Stock Report Update! by CRWEPicks.com
Seeking Alpha Analyst Since 2010
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Tianli Agritech, Inc. (Nasdaq:OINK) announced that it entered into an agreement with An Puluo Foods ("An Puluo") which allows Tianli to manage fresh pork retail counters located in 32 supermarkets in Greater Wuhan. This exclusive agreement entails minimal upfront investment by Tianli. "After several months of market research and trials with An Puluo Foods, we were pleased to announce we were entering the retail branded pork market. With minimal capital commitment, we will gain immediate control of established counters in 32 supermarkets in Greater Wuhan," began Tianli's Chairwoman and CEO, Hanying Li. "With Chinese consumers becoming more selective as to the quality and safety of the meat they buy; we see a tremendous opportunity to introduce healthy pork products. Partnering with a recognized and trusted company like An Puluo provides instant credibility and immediate access to consumers."
Tianli Agritech, Inc., through its subsidiary, HC Shengyuan Limited, engages in raising, breeding, and selling hogs for use in Chinese pork production and hog breeding markets. The company sells its products to distributors and large-scale swine farms.
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Smokefree Innotec, Inc. (OTCPK:SFIO)
Smokefree Innotec Inc. recently announced, that company has been informed that its European Patent application has been granted for “SMOKING DEVICE, CHARGING MEANS AND METHOD OF USING IT”.
In a message recently received from the Company’s patent attorneys, relaying a communication from the European Patent Office Examining Division: “The mention of the grant of the patent shall be published in the European Patent Bulletin as soon as possible after the requirements concerning the translation of the claims and the payment of the fees for grant and publishing, claims fees, designation fee and renewal fees as laid down in Rule 71 (3), (4), (6) and (8) and (9) EPC are fulfilled.”
The SFIO’s patent attorneys have also informed the company that the fees have been paid, and the patent is granted but will take 4 to 8 weeks for publication. This Patent covers thirty-four European countries
About Smokefree Innotec, Inc.
Smokefree Innotec, Inc. is in the business of designing, developing, manufacturing and marketing hi-tech, nicotine and non-nicotine cigarette-like delivery devices which are completely smoke and vapor-free and tobacco-free. Smokefree Innotec Inc’s products are designed to protect the non-smoker from second hand smoke and all its effects while providing the smoker a way to enjoy a smoke-free cigarette anywhere, including places where smoking tobacco or similar substances is prohibited.
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Biomass renewable organic material such as wood and agricultural residues comprises the oldest and most prevalent energy resource. Even today, biomass is the world’s most popular fuel for heating.
Cleantech Transit Inc. (OTC.BB:CLNO) announced in a recent press release that funding to be provided to Phoenix Energy for the commercialization of a 500 Kilowatt biomass gasification plant should be eligible to apply for a renewable energy cash back incentive program offered by the U.S. Federal Government. If it concludes its planned investment in Phoenix Energy, under Section 1603 of the American Reinvestment and Recovery Act, Cleantech Transit will be entitled to receive its pro-rata share of 30% cash grant payments. Once the final interconnect process and application are complete the grant should be received within 60 days. The 5-year grant vesting period, means all parties must remain owner of record for that length of time, underscoring Cleantech and its partners’ commitment to this project and the host community.
The U.S. Treasury’s cash grant program was created to provide funding, in lieu of tax credits, for the development of clean energy projects and clean tech jobs nationwide. The Merced facility has already employed several individuals, both for the construction phase and subsequent plant operations once in service.
As previously announced, the full commercial operation of the first plant is expected to be completed during the second quarter of 2011.
Alex Holtermann, CEO of Cleantech, commented, “The structure of this cash back program will add more predictability to our financing needs. The cash back incentive program also applies for new projects, which can accelerate the installation of other plants this year.”
About Cleantech Transit Inc.
Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. The Company has expanded its focus to invest directly in specific green projects that can maximize shareholder value. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech has selected to invest in Phoenix Energy (www.phoenixenergy.net). This project can generate shareholder returns as well benefit the Company’s manufacturing clients worldwide. For more information, visit www.cleantechtransitinc.com.
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China Recycling Energy Corporation (Nasdaq:CREG) announced that the Company will be attending the upcoming Nomura China Investor Forum being held at the Hyatt Regency Hangzhou (28 Hu Bin Road) in Hangzhou, China on April 13 – 14, 2011. Mr. David Chong, the Company's Chief Financial Officer, will be conducting one-on-one meetings on Thursday, April 14th. If anybody would like to schedule a meeting with CREG's management team, please contact Lauren Milner of American Capital Ventures via email at lm@amcapventures.com.
China Recycling Energy Corporation provides energy saving and recycling products and services in the People's Republic of China.
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Top Ships Inc. (Nasdaq:TOPS) announced that it has obtained a waiver from Alpha Bank until February 28, 2012 in relation to the breach of certain financial covenants under the Alpha Bank credit facility. TOP Ships Inc. is an international maritime shipping company that provides transportation services for crude oil, petroleum products, and dry bulk commodities. For more information about TOP Ships Inc., visit its website: www.topships.org.
Top Ships Inc. provides international seaborne transportation services. The company employs its tanker and drybulk vessels primarily under time charter and bareboat charters, as well as spot charter basis.
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