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Premier Equity Reports initiates coverage on Green Energy Renewable Solutions Inc. (OTCBB: EWRL):
Green Energy (OTCBB: EWRL) surged over 300% on heavy volume after releasing an update on their Highland Park Recycling Operations.
Green Energy (OTCBB: EWRL) has been preparing the site to receive construction and demolition ("C&D") waste. The site is cleared and most of the necessary equipment is in place to receive waste material and begin advanced recycling operations to recover valuable materials in the waste stream. Green Energy (OTCBB: EWRL) is working closely with local officials to complete the permitting process and expects to commence full operations within 60 days. When complete, Green Energy's (OTCBB: EWRL) plan is to process 750 tons per day by the end of the third quarter generating annual "tipping fee" revenues of approximately $2,600,000 and significant revenues from recovered recyclable materials.
Fundamentally, this sounds like great news for Green Energy (OTCBB: EWRL). However, the Company states how they “plan” to process 750 tons and generate approximately $2.6 milllion in revenue. Sure, a company can “plan” on making millions in revenue, but actually doing it is easier said than done.
Technically, Green Energy (OTCBB: EWRL) should be a very volatile trade for the next couple days providing active traders with several profitable opportunities. But, Premier Equity Reports recommends not investing into Green Energy (OTCBB: EWRL) for the long-term until receiving further information and clarity on the future revenue generated from their Highland Park operations.
PremierEquityReports.com provides update on Implant Sciences Corp. (OTCBB: IMSC); up 34% since beginning coverage:
On June 22, at $1.00 a share, Premier Equity Reports added Implant Sciences Corp. (OTCBB: IMSC) to their Breakout Watchlist after strong news matched up with bullish technical indicators. Since then, Implant Sciences Corp. (OTCBB: IMSC) has gained 34% hitting a high of $1.34 on increased volume.
Premier Equity Reports suggests looking into taking profits as Implant Sciences’ (OTCBB: IMSC) breakout move seems to be getting a bit over extended and could be due for a pull-in soon.
PremierEquityReports.com provides update on InVivo Therapeutics Holdings Corp. (OTCBB: NVIV):
On Sunday, June 24, at $2.10, Premier Equity Reports added InVivo (OTCBB: NVIV) to their Breakout Watchlist after bouncing nicely off a major support level. Since then, InVivo (OTCBB: NVIV) has gained 32% hitting a high of $2.64. Premier Equity Reports remains bullish on InVivo (OTCBB: NVIV)
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