Monster DieselTM’s parent company, Alkane, Inc. “Alkane” (PINK SHEETS: ALKN), announced today its partnership with the Maryland Motor Truck Association (MMTA) as the Title Sponsor of the 2009 Maryland State Truck Driving Championships.
This year marks the 62nd anniversary of the Championships, which will take place on Saturday, June 13 at the Maryland State Fairgrounds in Timonium. The MMTA’s Safety Management Council developed the awards in 1947 to highlight and celebrate the skills of Maryland’s finest truck drivers. MMTA is a nonprofit member driven trade organization that has been serving Maryland’s commercial trucking industry since 1935. Today, MMTA is one of the largest trucking associations in the country, representing over 1,000 member companies.
Stocks slide on worse-than-expected data on factory orders, services
Investors sent stocks sharply lower Wednesday after data on factory orders and the services industry came in below expectations.
The decline broke a four-day advance, and many analysts said a pullback was due after the strong rise since last week. Market indicators fell about 1 percent, including the Dow Jones industrial average, which lost 94 points.
The Commerce Department said factory orders rose 0.7 percent in April, the second gain in the past three months, but the increase fell short of analysts’ expectations.
AUSTIN, Texas–(BUSINESS WIRE)–SmallCapVoice.com, Inc. announced today that a new audio interview featuring, Alkane, Inc. (PINK SHEETS: ALKN) is now available. The interview can be heard here at http://smallcapvoice.com/blog/6-2-09-audio-interview-with-alkane-inc-otcpk-alkn/.
Podcast: Download (10.2MB) | Embed
Why three grades of fuel for cars, while truckers can only buy one grade of diesel? Dr. Mat Zuckerman has made a premium grade of diesel in a concentrate so powerful, that it is portable. Add a quart of concentrated Monster DieselT to boost the 18-wheelers’ two tanks of regular diesel to a premium grade: that is truly a monster product with 100 times the liquid energy for power and 125 times the anti-knock property of diesel. His patent pending and proprietary technology offers enhanced U.S. energy independence by reducing crude oil dependent diesel fuel consumption by as much as 15%, while using no crude oil to make Monster DieselT.
WorldVest Equity to Provide $15,000,000 of Non-dilutive Working Capital Financing
Alkane, Inc. “Alkane” (PINK SHEETS: ALKN) announced today that it has reached an agreement with WorldVest Equity, Inc. “WorldVest” (Other OTC: WVVEF) to form a new joint venture company which will further develop its proprietary alternative “Monster Fuel” technologies. The new Monster Fuel Technologies, LLC joint venture calls for Alkane to contribute its patented alternative fuel intellectual property, operational management and current Monster Fuel operations. In return, WorldVest will provide up to $15 million in growth financing, strategic financial management and access to its full suite of strategic venture advisory services.
Stocks are posting solid gains after last weeks 5% decline
Investors are again examining the housing market for clues about the economy. The National Association of Home Builders is set to release its index of builders’ confidence for May at 1 p.m. Eastern.
There was some upbeat news on the housing industry before the opening bell. Lowe’s Cos., the nation’s second largest home improvement chain, posted a 22 percent drop in its first-quarter earnings but results topped Wall Street’s forecasts.