Ocean Power Technologies (Australasia) Pty Ltd (OPTA), a subsidiary of Ocean Power Technologies, Inc., announced on Friday, November 6, the award of a grant from the Federal Government of Australia (FGA).

This grant to OPTA, in partnership with Leighton Contractors Pty Ltd (Leighton), is for $66.46M to build a wave power project off the Australian coastline near Victoria, expected to generate power in the 19-megawatt (MW) range.

This project is the sole wave power-based item among four renewable energy projects awarded funding by the FGA. OPTA and Leighton have formed a special-purpose company, Victorian Wave Partners Pty Ltd, via a collaboration agreement signed in late 2008, to implement wave power-based systems off Australia’s Southeastern coastal areas.

OPTT is an industry leading innovator in wave power architectures; systems which harness the tidal forces of bodies of water to generate electricity. With direct access to a $150B power generation equipment market via

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My Big Pick for Monday November 9, 2009 is:

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CVAT, Cavitation Technologies Inc., CVAT.OB

CVAT is a “Green-Tech” company, established in 2006 to become a world leader in the development of new cutting edge technologies for the, vegetable oil refining, renewable fuel, petroleum, water treatment, wastewater sanitation, petroleum, food and beverage, chemical industries.

Recently, CVAT made a 3-for-1 forward stock split

Independent Research Report (www.grassrootsrd.com/cvat-report.pdf) on CVAT estimates long term price target to be $2.04 per share and short term price target of $0.96.

CVAT Last trade was $0.38

That means The research report estimates short term price target to be

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OUTLOOK The Alternative Energy industry is going through a recovery after absorbing the global recession and the cascading fall in global crude oil prices. Earlier this year, quite a few alternative energy companies were in the trough. Though these companies have recovered from their lows, their valuations are still significantly lower than their 52-week highs. The growth of alternative energy companies is closely tied to the fortunes of the economy. In its latest release, the Energy Information Administration (EIA) predicted that total U.S. electricity consumption will decline by 3.3% in 2009 before growing by 1.3% in 2010 as the improving economy coaxes a gradual recovery in electricity sales. In fiscal 2008, annual U.S. photovoltaic (PV) installed capacity grew by 63% year-over-year, bringing the cumulative installed capacity to 792MW. According to the Solar Energy Industries Association (SEIA) -- the U.S. trade association representing close to 500 companies ...

Raser Technologies Inc. (RZ) yesterday provided an update on its geothermal activities and its PHEV project. The company is gradually transiting from a developmental stage company towards a geothermal power producer.   Raser is progressing rapidly on the Lightning Dock No. 1 geothermal project. Recently it bagged final approval from the New Mexico Oil Conservation Division (OCD) for injection of geothermal fluids. The company is also in the process of negotiating a revision to its power purchase agreement (PPA) with the Salt River Project Agricultural Improvement and Power District. The revision is expected to include an increase in the expected output from the Lightning Dock project as well as an increase in the price of energy under the PPA.   Raser is now in the final stages of testing the fifth production well that is needed for the completion of its first geothermal plant Thermo No. 1 as ...

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Tuesday September 22, 2009

DrStockPick.com Stock Report!

PFE, PWRM, CVAT, CSRH, TSPG, INTC, BIEL

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PFE, Pfizer Inc.

PFE is the world’s premier biopharmaceutical company taking new approaches to better health.

PFE has been named among the 2009 Working Mother 100 Best Companies for its steadfast commitment to family-friendly benefits. Pfizer and the other winning companies are pioneering programs that support families, with 100 percent offering flextime, on-site lactation and telecommuting; and 98 percent offering job-sharing and wellness programs—numbers that dwarf those seen nationwide. In addition, financial programs available to the 100 Best employees are on the rise, a much needed boost for families

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Monday September 21, 2009

DrStockPick.com Stock Report!

CSCO, PWRM, CVAT, CSRH, PER, ABT

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CSCO, Cisco Systems, Inc.

CSCO designs, manufactures, and sells Internet Protocol (IP)-based networking and other products to the communications and IT industry worldwide.

Pelco by Schneider Electric, and CSCO today announced a strategic technology agreement to pursue the joint development of new high-definition (HD) Internet Protocol (IP) video security cameras built upon Pelco’s award-winning Sarix(TM) technology platform. The new co-branded video security cameras will bring together Pelco’s leadership in imaging with Cisco’s IP networking expertise to deliver the next generation of high-definition IP video security cameras. These cameras

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Monday September 21, 2009

DrStockPick.com Stock Report!

NOC, PWRM, DELL, CVAT, CSRH, VSYM, USPS

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PWRM, Power 3 Medical Products Inc, PWRM.OB

Power3 Medical Products, Inc. is a leading bio-medical company engaged in the commercialization of neurodegenerative disease and cancer biomarkers, pathways, and mechanisms of diseases through the development of diagnostic tests and drug targets. Power3’s patent-pending technologies are being used to develop screening and diagnostic tests for the early detection and prognosis of disease, identify protein biomarkers, and drug targets. Diagnostic tests are targeted toward markets with critical unmet needs in areas including neurodegenerative disease (NuroPro) and breast cancer (BC-SeraPro). Power3 expects

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Monday September 21, 2009

DrStockPick.com Stock Report!

BIIB, PWRM, CHIP, CVAT, CSRH, HON

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PWRM, Power 3 Medical Products Inc, PWRM.OB

Power3 Medical Products, Inc. is a leading bio-medical company engaged in the commercialization of neurodegenerative disease and cancer biomarkers, pathways, and mechanisms of diseases through the development of diagnostic tests and drug targets. Power3’s patent-pending technologies are being used to develop screening and diagnostic tests for the early detection and prognosis of disease, identify protein biomarkers, and drug targets. Diagnostic tests are targeted toward markets with critical unmet needs in areas including neurodegenerative disease (NuroPro) and breast cancer (BC-SeraPro). Power3 expects to

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Friday September 18, 2009

DrStockPick.com Stock Report!

PWRM, IBM, NWMT, CVAT, CSRH, F, AQNM, NVS

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PWRM, Power 3 Medical Products Inc, PWRM.OB

Power3 Medical Products, Inc. is a leading bio-medical company engaged in the commercialization of neurodegenerative disease and cancer biomarkers, pathways, and mechanisms of diseases through the development of diagnostic tests and drug targets. Power3’s patent-pending technologies are being used to develop screening and diagnostic tests for the early detection and prognosis of disease, identify protein biomarkers, and drug targets. Diagnostic tests are targeted toward markets with critical unmet needs in areas including neurodegenerative disease (NuroPro) and breast cancer (BC-SeraPro). Power3

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My Picks for Thursday September 17, 2009, are:

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XODG, Xodtec Group USA Inc, XODG.OB

XODG, a Nevada corporation, is an Energy-Saving Lighting Solutions Provider based in Taiwan. XODG provides high performance and cost-effective energy-saving LED solutions and traditional lighting products for private companies, public facilities, residential communities, factories and households, providing optimal energy-saving solutions that meet today’s energy management requirements.

Today after Closing Bell, based on the Second and Third Quarter Revenue Guidance, XODG reported that it expects revenues to be approximately $3.0 million for the second quarter ending August 31, 2009 with

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