Heads up on two stocks.
ENW---Enwave Corp. They have a technology that competes against freeze drying and is far more efficient in all ways. They announced on Wednesday that have signed over 15 confidentiality agreements. See below. I don't know if they will be a trade or not, but the technology is such that I,ve built a big position. What is interesting is that they were written up in the same report as SENSIO---SIO by Clarus securities earlier this summer. Will we see a repeat of Sensio?
LNG---LNG Energy Ltd. They have very prospective in Papua New Guinea. They are right next door to Interoil Corp. Interoil is up $5 today to $40 on a recommendation that sets a target price of $65. They also had positive results from some US properies within the last month.
EnWave Signs Confidentiality Agreements and Expands Product Development for nutraREV™ Food Dehydration Technology
September 16, 2009
EnWave Corporation (TSX-V: ENW) (“EnWave” or “the Company") today announced that it has signed Confidentiality Agreements with more than 15 food production companies located in North and South America, Europe and Korea to determine the benefits of using its nutraREV™ food dehydration technology in a wide range of new product areas including herbs, mushrooms, bananas, mangos, pineapples, peppers, tomatoes, garlic, snack chips, shrimp, salmon and pet treats. Enwave is working closely with these companies in order to replace expensive and less efficient freeze drying machines, or to develop new products for the food ingredients and snack food markets.
"Ultimately we are working with these companies in order to sell and license our technology and expand our product lines," said John McNicol, President and Co-CEO of EnWave. "Since winning the Food Expo Innovation award earlier this year, nutraREV™ technology is now being recognized on a global scale as a very real alternative to antiquated freeze drying methods. I am extremely pleased with our progress in commercializing this disruptive technology beyond the initial market for dried blueberries." |
