Is this penny stock poised to shoot higher?
| From: | Alejandro | Date: | Wed, 10 Nov 2004 05:35:20 +0000 |
| Subject: | Is this penny stock poised to shoot higher? | ||
| Groups: | php.notes | ||
| Request: | Send a blank email to php-notes+get-80333@lists.php.net to get a copy of this message | ||
Breaking News At The Close Tuesday 11.9.04
Contract With the City of Tulsa, Oklahoma!
TechLite, Inc (OTCBB-THLT)
Shares Outstanding: 10,994,910 (Source: 10Q 8.19.04)
Tuesday's Close: .72
THLT has been moving higher over the last few weeks. Is this the beginning of a major move? Because
what matters once you acquire a stock is that it moves. And all that will matter is that the stock
is on the move. And that mo ney is constantly moving into the stock. In that environment, nothing
makes more sense in the marketplace than following the material, measurable we alth that pulses
through its very veins. Go Check it out Yourself. (Remember, past performance is not indicative of
future results).
A Massive PR campaign is Underway and Wednesday Could Be an Absolutely Huge Day in the Stock with
the Combination of News and the PR Campaign.
The Following News Announcement came out after the Close on Tuesday and the Market HAS NOT had a
Chance to React to it. How will the Stock React Monday to the News? (We Anticipate this message will
be seen by thousands and thousands of potential investors overnite).
Press Release Source: TechLite, Inc.
(PR NEWSWIRE) TechLite Awarded City Lighting Upgrade Contract for City of Tulsa TechLite Awarded
City Lighting Upgrade Contract for City of Tulsa
TULSA, Okla., Nov. 9 PRNewswire FirstCall. TechLite, Inc. (OTC Bulletin Board: THLT) of Tulsa, OK,
has been awarded a contract by the City of Tulsa to provide energy efficient lighting upgrades for
city office buildings and other facilities. The contract covers the first phase of the overall
energy saving project with a total potential value of 1.5 million.
The Tulsa lighting upgrade project is the result of Mayor Bill LaFortune's Competition for
Better Government conducted in 2003. The competition attracted 250 costsaving proposals from local
citizens. According to J.D. Arvidson, President of TechLite, the lighting upgrades have a potential
500,000 per year sa vings for taxpayers on the City's lighting electric bill, once all
buildings have been upgraded. The capital recovery period is approximately three years.
TechLite previously completed energy efficient lighting upgrades for all of the Tulsa County
Buildings, four (4) campuses of the Tulsa Technology Center, Hillcrest Hospital, Oral Roberts
University, and the Tulsa Public School System.
ABOUT TECHLITE, INC. TechLite, Inc., a national energy service company, in 2004 entered it's
12th year in the energy services business providing custom designed energy efficient and
Environmental Protection Agency (EPA) compliant lighting upgrades and retrofits for commercial,
education, health care, retail and government facilities. TechLite's proprietary energy-audit
software program facilitates upgrades in compliance with the EPA's Energy Star Emission
Reduction Program and the new Federal Energy Law requiring the elimination of inefficient lighting
products. Industry sources estimate this market at approximately 3 billion existing light fixtures
and a potential 100 billion national lighting retrofit industry. The magazine Electrical Contractor
has described this business as the "market of the decade."
Certain statements in this news release may contain future looking information within the meaning of
Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934,
and are subject to the safe harbor created by those rules. All statements, other than statements of
fact, included in this release, including, without limitation, statements regarding potential future
plans and objectives of the companies, are future looking statements that involve risks and
uncertainties. There can be no assurance that such statements will prove to be accurate and actual
results and future events could differ materially from those anticipated in such statements. As with
many microcap stocks, todays company has additional risk factors worth noting. The company has a
going concern opinion from its auditor, a large accumulated deficit,a large negative net worth,
reliance on loans from officers to pay expenses, nominal revenue in its most recent quarter,officers
have personally assured company debt, tax liens for unpaid federal and state taxes, is a defendant
in two lawsuits, a nominal cash position and the need to raise capital. A failure to raise capital
could cause the company to go out of business. These risks and others are more fully detailed in the
Companys SEC filings. We strongly urge you to review them before you invest. The Publisher of this
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Wed, 10 Nov 2004 00:21:14 -0500