Alkane Inc. (Pink Sheets: ALKN) has been rated Speculative Buy with a price target of $0.15 by Beacon Analyst, Lisa Springer, CFA.
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In the report, the analyst writes, “The Company introduced its first commercial product, Monster Diesel™ in April 2009. Monster Diesel is a patent-pending total fuel additive that boosts diesel fuel to premium levels and improves power and fuel efficiency, thereby reducing overall fuel costs for truckers, boaters, farmers, fleet operators and residential heating applications.”
Beacon analysts note ALKN’s recent partnerships, boosting the company’s presence in the marketplace, “The Company is creating visibility for its product by partnering with the Maryland Motor Truck Association (MMTA) as the Title Sponsor of the 2009 Maryland State Truck Driving Championships. ALKN also exhibited at the 2009 National Biodiesel Conference & Expo, recently held in San Francisco, where it won rave reviews for its product. In addition, the Company is partnering with Tilghman Oil, which is blending Monster Fuel with its oil and fuel products distributed to residential and business customers.”
Other companies in the fuel additive market include: Innospec Inc. (Nasdaq: IOSP), Rentech Inc. (AMEX: RTK) and NewMarket Corp. (NYSE: NEU).
BeaconEquity Research Disclosure
The analysts contributing to this report certify that the views expressed herein accurately reflect the analysts’ personal views as to the subject securities and issuers. BeaconEquity.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. BeaconEquity is a Web site wholly owned by BlueWave Advisors, which has been compensated two hundred fifty thousand free trading shares from TEN Associates LLC, a shareholder of ALKN, as a marketing budget to manage a comprehensive investor awareness program including the creation and distribution of this report as well as other investor relations efforts. This report is based on data obtained from sources we believe to be reliable, but is not guaranteed as to accuracy and does not purport to be complete. Please read our report and visit our Web site, BeaconEquity.com, for complete disclosures.
BeaconEquity.com
Jeff Bishop, 469-252-3505
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or
Alkane Inc. – Ten Associates LLC
Investor Relations:
Tom Nelson, 480-326-8577
