ONTC, our Momentum Play for Today, priced just above a Penny-per-share, Onteco Corporation may be set for a Move Higher after yesterday’s much needed consolidation after a two-week Run Up!
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[1]StockLockandLoad.com NEWSLETTER Members, ONTC, our Momentum Play for Today, priced just above a Penny-per-share, Onteco Corporation may be set for a Move Higher after yesterday`s much needed consolidation after a two-week Run Up! Get Ready to Lock and Load @ 9:30am EST!! Symbol: ONTC.pk Current PPS:.0118 Avg. 10day Vol: 2.6M Outstanding Shares: 184.4M Float: 139.2M The search for green solutions is very popular in today`s society due to an increased concern for the well-being of the environment. SL&Ls prior Go-Green Pick [2]BGNN brings green solutions to the world and brought +115.38% PROFIT to our members in February of 2011! SR&R has found another amazing company looking to make it`s mark in the Go-Green movement:
Onteco Corporation (ONTC), founded in 2007 and headquartered in Aventura, Florida, is targeting the international alternative energy marketplace by developing innovative, practical, and cost-effective GREEN SOLUTIONS to relieve the environmental challenges that the world faces today.
ONTCs focus is on investing in and developing proprietary technologies. The company recently acquired NexPhase Lighitng Inc. in February of 2011. NexPhase is a designer and developer of proprietary high-quality LED (lights-emitting-diode) lightings, fixtures and control systems for business and government use. The company has a one-of-a-kind patent pending wireless technology which provides reduced architecture and infrastructure installation cost, as well as decreasing up-keep and on-going operation expenses` making these products the most green LED products in the world.
Since each and every client has a different set of requirements, ONTC has announced they will be expanding ONTCs LED product lines to provide their customers with lighting solutions that best match their current building envelope and tenant profile. In addition, ONTC has received a contract to install their LED lighting fixtures in one of the largest and private engineering universities in the New York area, New York University-Polytechnic.
ONTCs light solution for the Univerisity will provide the customer with significant savings and reduction in energy and maintenance.
ONTC`s Website: www.onteco.com Reasons why SL&L believes ONTC will be a successful play:
– ONTCs subsidiary, NexPhase, is a major contributor in the overall mission to make the world a greener place; this subsidiary will also bring ONTC a maintainable increase in revenue, which will, in turn, equate to more profit for the parent company – The benefits of LED lighting include appromiately +50,000 hours of maintenance-less lighting, while using roughly half the energy of common light solutions; also there is no release of Mercury and other dangerous chemicals into landfills at the end of the product`s life – Studies have revealed that by 2020, LEDs will cover almost half of the $4.4 billion United States market for lamps in the commercial, industrial and outdoor stationary sectors – there has been discussion that by sometime in 2012, the U.S. government may phase out the use of incandescent bulbs, this will leave just fluorescents and LEDs as the only lighting options – analysts anticipate that the LED lighting market will increase at an estimated compound annual growth rate (CAGR) of +28% – just this month, the U.S. Energy Secretary Steven Chu announced that $15 million in support will be divided among eight research and development projects in search of the better efficient energy technology – there is much positive internet chatter about ONTC on Twitter and the iHub boards – OTNC is priced at just-above-a-penny – ONTC has a very attractive share structure with a low float of only 139.2M – SL&L has heard rumor that BIG NEWS may be released soon…
-Taking a look at the chart below, ONTC has been on the RUN UP for about 2-weeks now; SL&L thinks yesterday`s dip was necessary consolidation needed…
….before ONTC`s next possible MOVE NORTH! All members should GRAB SOME SHARES of ONTC today…
ONTC looks Ready to Lock and Load @ 9:30am EST!! Onteco Corporation, ONTC, Subsidiary, NexPhase Lighting, Inc., Receives Contract to Provide Product and Services To New York University (NYU)-Poly 9:45a ET June 21, 2011 (Business Wire) Onteco Corporation (OTC: ONTC), (the “Company”, or “Onteco”), announced today that its subsidiary, NexPhase Lighting, Inc. (“NexPhase”), a designer, developer and manufacturer of high efficiency, high quality LED intelligent lighting fixtures, today announced that it has received a contract to provide product and services to New York University (NYU)-Poly.
Jon Cooper, President of NexPhase, stated, “We have worked closely with Campus Green Up and NYU-Poly in the development of an array of intelligent LED lighting solutions that when deployed will provide significant energy and maintenance savings for the University. Our product was subject to a rigorous bidding and vetting process that matched our solutions to some of the biggest suppliers in the lighting industry. Ultimately our technology, service, return on investment and energy savings solutions set us apart from the other considered suppliers. The project will be a multi-phase deployment with the first installation occurring at the Donald F. and Mildred Top Othmer Residence Hall. This residence hall is an eighteen-floor structure originally opened in 2002 and currently houses over four hundred students. The first installation of product will occur in early September and we expect the Othmer phase of the project to be completed by the end of this year. This first phase will utilize over 2,500 LED lighting fixtures. The beauty of this first phase of the project is that almost all of the LED form factors that we will be installing will be deployed in other areas of the University as we advance to subsequent project stages. We are very excited to have been selected as the lighting solutions provider and are anxious to provide the University with incredible products and services that meet NYU-Poly`s ie Campus transformation initiatives.” NYU-Poly is the alliance of the nation`s second oldest private engineering school, Polytechnic with the largest private university in the United States, NYU. The NYU-Poly Brooklyn campus has a current student population of over 1,750 full-time students and the downtown Brooklyn Campus includes: 6 Metrotech, the Jacobs Academic Building, the Rogers Hall complex, 5 MetroTech, the Bern Dibner Library Building, the historic Wunsch Building and the previously mentioned Othmer Residence Hall. These facilities along with the recently announced expansion of an additional 120,000 square feet of academic facilities at 2 MetroTech and 15 Metrotech further signal a growing and thriving world class University. NYU-Poly is already in the second year of a 10 year Thirty Eight million Capital Plan to transform, upgrade and expand its campus facilities, and NexPhase`s intelligent LED lighting solutions and efficient use of best in class sensor technology provide an excellent fit for the ie initiatives that center around invention, innovation and entrepreneurship.
Founded in 1854 the then named Brooklyn Collegiate and Polytechnic Institute set out to enable their students to utilize the full power of science and technology and for the past 150 years that is what the University has done.
While many great scientists and engineers have graduated from this prestigious University some of the more famous graduates are:
— Jasper Kane, who developed a method to mass-produce penicillin that saved hundreds of thousands of lives during World War II.
— Eugene Kleiner, who led a group of young scientists in the creation of the semiconductor and in 1957 founded Fairchild Semiconductor. Fairchild Semi was responsible for creating the IC industry and the world`s high-tech capital, Silicon Valley.
— Jerome Lemelson, the second most prolific inventor of the 20th century with over 600 held patents that led to the inventions of the cordless phone, the fax machine, the VCR and the camcorder.
— Gordon Gould, a faculty member who was one of the inventors of the laser and coined the term.
— U.S. Secretary of Energy Steven Chu recently addressed the graduating class of 2011 and was awarded a doctorate of engineering honoris causa. His father was a Professor of Chemical Engineering at the Polytechnic Institute starting in 1949.
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