Solanex Management Inc. is a technology company that designs and manufactures Thermal Destructors and Steam Injection Systems. The company also has a division devoted to investing in outside business opportunities, with an emphasis on environmentally friendly technologies.

The company’s Thermal Destructor is a mobile system used to clean soil that has been contaminated with pollutants. The system sterilizes soil by using a gas-fired combustion chamber and a liquid scrubber, and is effective in cleaning up oil from well sites.

The Steam Injection System is a steam generation device that is used to inject steam into the ground in order to assist in the production of hydrocarbons from heavy oil or oil sands projects. The system can also be used in tertiary recovery efforts on mature wells that can no longer produce on their own. The company’s device is

Solanex Management Inc. is a technology company that designs and manufactures Thermal Destructors and Steam Injection Systems. The company also has a division devoted to investing in outside business opportunities, with an emphasis on environmentally friendly technologies.

The company’s Thermal Destructor is a mobile system used to clean soil that has been contaminated with pollutants. The system sterilizes soil by using a gas-fired combustion chamber and a liquid scrubber, and is effective in cleaning up oil from well sites.

The Steam Injection System is a steam generation device that is used to inject steam into the ground in order to assist in the production of hydrocarbons from heavy oil or oil sands projects. The system can also be used in tertiary recovery efforts on mature wells that can no longer produce on their own. The company’s device is

Solanex Management’s shares are currently trading at $0.19, up 90%, on more than 140,000 traded shares. With a daily average of 1,300 traded shares, the stock is trading far above its typical volume and its only noon!

In most recent news, the company announced that it has entered into a Letter of Intent to acquire certain sales, marketing and distribution rights to a Waste to Energy technology from Alten Power Corporation. The due diligence period is to conclude on or before October 21, 2009.

As term of the agreement, Solanex would acquire any and all rights to projects that have been initiated by Alten Power Corporation, including but not limited to feasibility/viability assessments for waste to energy facilities in Central and South America, the United States and Canada.

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