We first alerted our members on SCLX at $0.15!!!
Earlier today SCLX gapped up and ran for a 35 % gain hitting a NEW 52 WEEK HIGH of $0.95.
Subscribers selling at today’s peak would have gains of over 530%!!!
The China based producer and distributor of Coal Water Mixture (CMW) - a viscous, heavy-liquid fuel that is produced by mixing ground coal, water and chemical additives - recently began a 200,000 ton capacity facility; bringing the company’s total capacity to 850,000 metric tons.
Coal Water Mixture is a clean coal technology which gives users many of the same benefits of coal energy while dramatically lessening the environmental impacts. CWM can be stored, pumped and burned as a substitute for oil and gas in modified furnaces or boilers.
The company sees the additional capacity having an immediate impact on 2010 Revenue and Gross Profits, raising company projections to approximately $21 Million in Revenue, and $ 7 Million in Gross Profits.
SCLX is also negotiating with 15 potential customers who would represent an additional 500,000 metric tons annually; this would expand the current output by over 50 percent, pushing the company to new heights.
SCLX was also recently featured in an article from TheStreet.com. The article appropriately named Top China Stocks to Buy Now. (Article can be viewed by clicking the link below)
The article highlights the company’s attractive fundamental picture and builds a compelling case for purchasing the stock.
Regards,
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