Energtek Inc. (EGTK.PK) Announces QualityStocks Coverage
Source: http://Blog.QualityStocks.net/?p=15041Posted on Wednesday, April 8th, 2009 | In Market Commentary, Small & Micro Cap
Energtek Inc. announced they will be featured in upcoming Daily Newsletters, Daily Blogs, Message Boards, and the Small Cap Daily Internet broadcasts put out by QualityStocks. QualityStocks has over 750,000 subscribers to The Daily Stock Newsletter, which is a free service that collects data from hundreds of Small-Cap and Micro-Cap online Investment Newsletters and puts it all into one Free Daily Newsletter Report.
Energtek is focused on developing and commercializing Adsorbed Natural Gas (ANG) technology. This technology enables the storage of comparable gas quantities at reduced pressure, dramatically decreasing the capital investment and operational costs of natural gas vehicles. The company recognizes the global markets’ demands to diversify energy sources and is working on breakthrough technologies that deliver natural gas to the consumer, even where no gas pipeline and compressing infrastructure exist.
The percentage of Natural Gas Vehicles (NGVs) in many countries is growing rapidly. Today, there are more than 8.7 million NGVs on the road, a number that is growing by more than 30% per year. Even with this robust growth, NGVs still represent only a small percentage of the overall vehicle market. Until now, costly refueling infrastructure, as well as the inconvenience of integrating NG tanks into vehicles, has limited the growth of NGVs. However, by enabling the use of natural gas in places previously impossible, Energtek’s proprietary ANG technology promises to greatly expand the NGV market.
Mr. Zaidenberg stated, “Energtek has a unique and solid business foundation, and appreciates the opportunity to sponsor the QualityStocks Newsletter, Video and Blogs. QualityStocks is providing a much needed service in the micro-cap and small-cap markets.”
Michael McCarthy, Managing Director for QualityStocks, commented, “We are very pleased to have Energtek as a featured company. The Company is methodically establishing itself as a category leader.”
Let us hear your thoughts: Energtek, Inc. Message Board
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