ALCL, SAVW and XPWR: Three Green Tech Stocks in the News
ALCL announced a “green” acquisition, SAVW announced that their LED lighting solutions will appear at the IFA trade show and XPWR gets itself ready for stock promotions.
By John Udovich, SmallCapNetwork.com
Atlas Capital Holdings (OTC: ALCL), SavWatt USA (OTC: SAVW) and Xzeres Corp. (OTC: XPWR) are three small cap green or clean tech stocks that recently issued press releases or had other updates to report to investors. Specifically, ALCL announced the acquisition of a maker of "green" synthetic ground cover, SAVW announced that their LED lighting solutions will appear at the IFA trade show in Berlin and XPWR will present at the Ardour Capital 9th Annual Energy Technology Conference (and gear up for promotions). Of course, there is nothing wrong with small cap green or clean tech stocks issuing press releases or updates to investors about their activities. However, its also important to remember that just one well placed or well written press release or update from a small cap green or clean tech stock like ALCL, SAVW or XPWR can send shares soaring (and likewise, cause them to sink). Hence, here is a closer look at all three to help you decide whether their recent press releases or updates warrant further due diligence:
Atlas Capital Holdings (OTC: ALCL) Acquires a “Green” Synthetic Ground Cover Maker
Atlas Capital Holdings, formerly known as Micro Mammoth Solutions, is a development stage company. On Tuesday, Atlas Capital Holdings announced a letter of intent to acquire Textraw, Inc. a Florida corporation that makes and distributes an environmentally-friendly "green" synthetic ground cover that is made from recycled materials coming from common landfill items. The COO of Atlas Capital Holdings also added that the company plans to announce additional acquisitions of providers of alternative green products and services over the next few weeks. Nevertheless, Atlas Capital Holdings fell 43.83% to $0.132 (ALCL has a 52 week trading range of $0.05 to $10.50 a share) but it appears that the stock is soaring in after hours trading. Investors should also note that on Monday, Atlas Capital Holdings also announced the hiring of an “award winning green expert” as their new COO while earlier in August, the company announced a name change to GreenTech Holdings, Inc. However and on the financial front, Atlas Capital Holdings has been fairly inactive up until the end of the 1Q2011. Hence, ALCL should be considered a very speculative green stock at this point in time.
SavWatt USA (OTC: SAVW) Announces That Their LED Lighting Solutions Will Appear at the IFA Trade Show But…
SavWatt USA focuses on developing energy-efficient and cost-effective LED lighting solutions. On Tuesday, SavWatt USA announced that their water resistant LED lights will be displayed at IFA - the world's largest trade show for consumer electronics and home appliances which will take place from September 2 to 7, 2011 in Berlin. The product itself will be available to commercial customers during the first quarter of 2012. Nevertheless, SavWatt USA fell 5% to $0.0019 on 2.5 times its normal trading volume. However, investors should note that SavWatt USA was late filing their latest 10-Q for the 2Q2011. Moreover and for the quarter ended March 31, 2011, SavWatt USA reported only $4k in revenue; net losses of $1,323k, $2,056k, $249k and $130k for the previous four quarters respectively; and $27k in cash to cover $2,029k in current liabilities – not the most exciting financial picture.
Xzeres Corp. (OTC: XPWR) Will Present at the Ardour Capital 9th Annual Energy Technology Conference (And Gears Up for Promotions)
Xzeres is a renewable energy and clean energy technology company focused on designing, developing, manufacturing and marketing distributed generation and, wind power systems for the small wind power market. On Tuesday, Xzeres announced that it will present at the Ardour Capital 9th Annual Energy Technology Conference to be held on September 16th, 2011. Xzeres’ Chairman and CEO also noted that the appearance will be the beginning of an active investment community visibility program moving forward. In other words, XPWR is gearing up to actively promote itself to investors. Nevertheless, Xzeres closed at $0.750 (XPWR has a 52 week trading range of $0.50 to $3 a share). Investors should note that for the first fiscal quarter 0f 2011, revenue rose 57% over the previous fiscal quarter to $1,017,217. However, Xzeres also has net losses of $1,999k, $1,861k, $1,272k and $1,324k for each of the last four quarters and $324k in cash to cover $1,059k in current liabilities.
The Bottom Line: As with most green or clean tech stocks, ALCL, SAVW and XPWR remain speculative investments that have the potential for big gains or losses for investors.
