American Power Group Corp.’s (OTCQB: APGI) stock volume also surged Apr. 29 with 797,451 shares changing hands, 5 times more than its three-month average volume of 159,779 shares.
The uptick in volume is being fueled in part by the Lynnfield, Mass.-based alternative energy company Apr. 28 announcement that its subsidiary, American Power Group, Inc., has received an order for 14 additional APG Dual Fuel Conversion systems.
The order came from an existing early-adopter customer who had evaluated an initial unit for approximately 90 days. The conversion order, for one of the nation’s leading toll processors of rolled steel, aluminum, and copper, will be filled from Clarke Power’s existing dealer inventory of APG dual fuel conversion kits.
“We are pleased to see several of our early-adopter customers complete their evaluations and take the next step and order additional systems,” said Clarke Power Services Field Manager Chad Marti. “We are convinced the power performance and economic fuel savings of the APG dual fuel system will continue to attract new customers and motivate others to move into production as well,” he added.
On Apr. 29, APGI’s share price closed at 78 cents, up 3 cents from the previous day’s closing price of 75 cents.
Sign up today for timely and hot stock alerts here, or by cutting and pasting the following link in your Web browser:
Alkaline Water Announces $1.8-Million Public Offering with Institutional Investors
In other news, Alkaline Water Co. Inc. (OTCBB: WTER) share volume skyrocketed Apr. 29, with 18,589,496 shares changing hands, nearly 30 times its three-month average volume of 620,054 shares.
The extremely strong stock volume is being triggered in part by Scottsdale, Ariz.-based water distribution company’s Apr. 29 announcement that it has received commitments from institutional investors to purchase an aggregate of $1,825,000 of the Company's common stock in a registered public offering at a price of $0.15 per share.
In addition, the company will issue to the investors immediately exercisable warrants to purchase up to an aggregate of approximately 6.08 million shares of common stock, which warrants shall have a term of 5 years and an exercise price of $0.15.
The offering is expected to close on or about May 1, 2014, subject to satisfaction of customary closing conditions.
Alkaline Water plans to use the net proceeds from this financing for capital investments, the redemption of certain outstanding securities, and general working capital.
H.C. Wainwright & Co., LLC acted as the exclusive placement agent in connection with the offering.
The securities described above are being offered by Alkaline Water pursuant to a registration statement (File No. 333-192599), which was declared effective by the United States Securities and Exchange Commission, or the SEC, on April 16, 2014. A prospectus supplement related to the offering will be filed with the SEC.
On Apr. 29, APGI’s share price closed at 14 cents, down 22 cents from the previous day’s closing price of 36 cents.
Solar Wind Energy Tower Inc. Applies For Patent on Its Atmospheric Extraction Devices
Meanwhile, Solar Wind Energy Tower Inc. (OTCQB: SWET) share volume soared Apr. 29, with 40,174,736 changing hands, more than 16 x its three-month average volume of 2,570,586 shares.
The tremendous surge in stock volume come a day before the Annapolis, Md. –based alternative energy’s Apr. 30 announcement that it has filed for protection for Patent Application #13/947,625, titled “Atmospheric Extraction Devices and Methods” under the Patent Cooperation Treaty (PCT), which is an international patent law treaty comprised of 148 countries.
Patent Includes Latest Product Improvements
The Company received a Notice of Allowance for its Patent Application and issuance of this patent in the United States. The Application claims are specific to representing the advantages of the Tower's structure and shape, configuration and composition of Tower walls, as well as wall thickness for a given height. In addition, it includes a more efficient construction methodology and enhanced wind force resistance, both improvements over prior Tower designs.
Ron Pickett, CEO of Solar Wind Energy Tower, Inc., stated, "This patent is an important basic component of our overall technological approach and improvements to prior Tower design specs., CEO of Solar Wind Energy Tower, Inc Ron Pickett stated, “As we move ahead and execute on our business model and robust international licensing strategy, it is imperative that we protect our intellectual property for the current and future benefit of our company and our licensees,” he said.
On Apr. 29, SWET’s share price closed at 3 cents, up 1 cent from the previous day’s closing price of 2 cents.
Uranium Participation Corp.’s Stock Volume Soars
Finally, Uranium Participation Corp.’s (OTCPINK: URPTF) stock volume surged Apr. 29, with 146,883 shares changing hand, more than 3.5 times its three-month average volume of 40,195 shares.
Because there is no news about the Canadian –based company and it has issued no press releases since March, it’s anybody’s guess why the company’s stock volume is soaring while it share value lost 3.37% of its value Apr. 29.
But here is what we do know about the company in its own words:
“Uranium Participation Corp. is an investment holding company which invests substantially all of its assets in uranium, either in the form of uranium oxide in concentrates ("U3O8") or uranium hexafluoride ("UF6"), with the primary investment objective of achieving appreciation in the value of its uranium holdings.
The mission of the corporation is to provide an investment alternative for investors interested in holding uranium. Denison Mines Inc., a wholly owned subsidiary of Denison Mines Corp., is the manager of Uranium Participation Corp.”
On Apr. 29, A URPTF’s share price closed at $4.45, down 15 cents from the previous day’s closing price of $4.60.
Pennypickalerts.com issues momentum alerts on stocks that can provide gains to day traders.
Pennypickalerts.com provides members with timely information and exclusive alerts on cheap and under-valued stocks in the United States with the potential to deliver gains of 100% - 200% or more.
Pennypickalerts.com monitors and scans the markets for stock related signals as well as any external factors that might bring trading opportunities. Through a vast network of IR professionals Pennypickalerts.com is often in the know of several large investor awareness campaigns being deployed.
Timing is everything when trading Penny Stocks. Gain an Edge by joining the Pennypickalerts.com newsletter and receiving alerts from a Pro-Active team of researchers. Pennypickalerts.com believes traders should have a chance at successfully trading penny stocks and invites traders and investors to be part of the Free VIP membership.
Simply sign up for free and start receiving exclusive alerts.
Subscribe Here: http://www.pennypickalerts.com
Pennypickalerts.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always own due diligence with any potential investment.