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Article Excerpt M2 PRESSWIRE-12 November 2008-OTCPicks.com: OTCPicks.com Daily Market Movers Digest Midday Report for Wednesday, November 12th UBRG, RNNM, ARYX, GNVC(C)1994-2008 M2 COMMUNICATIONS LTD
RDATE:12112008
Our Stocks to Watch today include Universal Bioenergy Inc. (OTC: UBRG), Ronn Motor Co. (OTC: RNNM), ARYx Therapeutics Inc. (Nasdaq: ARYX) and GenVec Inc. (Nasdaq: GNVC).
Visit http://www.otcpicks.com to register for our Daily Market Mover's Digest Newsletter and Email Stock Watch Alerts.
UNIVERSAL BIOENERGY INCORPORATED (OTC: UBRG)
Detailed Quote: www.otcpicks.com/quotes/UBRG.php
Company Profile: http://www.otcpicks.com/universal-bioenergy.htm
Universal Bioenergy, Inc. is a Mississippi-based company engaged in the production of renewable fuels through its subsidiary Universal Bioenergy North America, Inc. that operates a biodiesel refinery in Mississippi. The refinery intends to produce biodiesel fuel from various virgin vegetable oils, premium greases, and non-edible vegetable oil sources using their unique and economical process.
UBRG News:
November 10 - Universal Bioenergy, Inc. Negotiates for Process Technologies to Lower Biodiesel Production Costs
Universal Bioenergy, Inc. (OTC: UBRG) announced it is in negotiations for two process technologies that could lower costs for biodiesel production.
The first of these technologies will allow the use of lower cost, higher free fatty acid feedstocks while producing other value-added byproducts. These include a furnace oil and a lubricant base oil that can sell for prices 20-25% higher than biodiesel as stated by the technology developers. Another advantage is this process does not produce glycerol, which is quickly becoming more difficult to dispose of or sell.
The second process will allow the lowering of the reaction temperature by up to 35 degrees Fahrenheit while maintaining output. This chemically modified process can save energy and operating costs.
RONN MOTOR COMPANY (OTC: RNNM)
Detailed Quote: http://www.otcpicks.com/quotes/RNNM.php
Company Profile: http://www.otcpicks.com/ronn-motor-company.htm
Headquartered in Austin, Texas, Ronn Motor Company, Inc. is a design and manufacturing company focused on the leading edge engineering of environmentally friendly, finely built premium automobiles and technology. These technology systems include Hydrogen Fuel, Fuel cells, and Plug in-electrics will be incorporated into our automobiles and made available for aftermarket applications. Our products, coupled with RMC's core values of a strong sense of ethics, environmental sensitivity and premium quality, position the company as one of the new leaders in an automotive industry transitioning toward fuel efficiency.
RNNM News:
November 11 - Ronn Motor Company: 'Speculative Buy' Rating, Target Price $0.84 by Beacon Equity Research
Ronn Motor Company (OTC: RNNM) has received a Speculative Buy rating with a price target of $0.84 by Beacon Analyst, Victor Sula, Ph.D.
The full report is available at www.beaconequity.com/main/Page-data/Adpages/RNNM.
In the report, the analyst writes, "The Company's H2GOTM system offers an immediate solution to the transportation industry for greenhouse gases emissions reduction. With the long term high oil prices environment a reality, RNNM solution has the potential to rapidly gather market share and report double-to-triple digits growth in sales.
Over the long term, the Company plans to maintain a double-digit growth in revenue due to increased acceptance of its offering and rollout of Hydrogen/Electric Plug-in Hybrid in 2010."
Comparable companies in the hydrogen or exotic car manufacturing...
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