Dr Stock Pick’s Hot Stock NEWS & Alert!
AXVC Axial Vector Engine Corp. (Other OTC: AXVC.PK)
Axial Vector Announces Emirates Capital of Dubai to Finance PETRO AVEC Joint Venture
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Today’s stock(s) of interest are: AXVC Axial Vector Engine Corp. (Other OTC: AXVC.PK)
Las Vegas NV – March 12, 2009-CRWENEWSWIRE.COM
Axial Vector Announces Emirates Capital of Dubai to Finance PETRO AVEC Joint Venture
DUBAI, Mar 12, 2009 (crwenewswire.com) — Axial Vector Energy Corporation (”AVEC”) (Pink Sheets: AXVC) (Frankfurt: BAE1) is pleased to announce that Emirates International Capital Advisory (EICA) has agreed to finance the recently announced Joint Venture between Petrosonics LLC and AVEC called PETRO AVEC.
Under the terms of the agreement Emirates Capital will provide seven million dollars in debt financing secured against AVEC’s ownership interest in the JV. Emirates Capital will be entitled to full repayment of its contribution from license fees received by the JV and will also have a five percent overriding royalty of per barrel income to the JV.
Investors in the syndicate include EICA as well as prominent families and Royal family members from the United Arab Emirates.
AVEC further announces a restructuring of its credit agreement with EICA, which had been suspended due to lack of delivery of its engines and generator technologies which are now being delivered and presented to customers.
Commenting on these events Mr. Ahmed Khalifa, Chairman of AVEC stated, “We are grateful to Emirates Capital for our new credit agreement and the financing of our Joint Venture with Petrosonics. All of this was made possible by our engineers finishing our products and the presentations we organized for Dr. Mark Cullen in the Gulf Cooperation Council Countries over the last two weeks with the world’s best oil producers and refiners. Our company agrees and will cooperate with President Obama to bring our clean and green technologies to the world.”
Dr. Mark Cullen, President of Petrosonics L.L.C. commented, “The EICA contacts and financial abilities were well demonstrated in my two weeks making presentations at the highest levels of Gulf National Oil companies, Family offices and Royal Family members. We will now activate our current pilot plant with outside experts to optimize the sulphur removals and heavy oil upgrades. With our patent matrix complete we believe the value of the joint venture has the ability to grow beyond the two billion dollar mark which I obtained when I was President of Sulphco (AMX: SUF).”
Arash Masom, Senior Managing Director of Emirates Capital added, “Just like the ‘reset’ button Secretary Clinton gave the Russians, AVEC via its participation in PETRO AVEC is now able to ‘reset’ the way the world produces power and energy. From the beginning of the process, AVEC is the only company now capable of both completely removing sulphur from hydrocarbon products and to running engines on multi and clean fuels. Our new AVEC coreless generators are producing efficiencies only before seen in large room sized generators. We believed in AVEC from day one and now they have proved to us, and the world that their word was good.”
About Petrosonics, LLC
Petrosonics, LLC is a privately held, development stage, U.S. based oil refining and production technology company. Petrosonics‘ patented products and services utilize high power ultrasound energy in order to reduce sulfur, nitrogen, and trace metals in refinery intermediates and product streams. Intermediates and product streams receiving the Petrosonics treatment show reductions in oil density and viscosity, reduced hydrogen use/loss, and increases in API specific gravity and volume. The proprietary Petrosonics technology has additional application in treating and/or pretreating sour crude oils. Petrosonics was formed in 2001 by Mark Cullen, M.D. Dr. Cullen was previously the President and CEO of SulphCo (AMEX SUF). Today, Petrosonics has acquired and continues to expand its patent portfolio for all of the significant intellectual property associated with ultrasound assisted oxidative desulphurization of oil fractions and the upgrade and desulphurization of crude oil.
About Axial Vector Energy Corporation
Axial Vector Energy Corporation (AVEC) is a global solutions provider that owns, develops and licenses revolutionary technologies including, internal combustion engine and electric power generator technologies that have unlimited potential in military, industrial and commercial applications. AVEC and its partners are positioned to become unrivalled leaders in international engine and energy markets with technologies that produce more efficient, cost effective, environmentally sensitive and versatile solutions for use in a wide variety of important applications around the world.
About Emirates International Capital Advisory
Emirates International Capital Advisory (EICA) is involved in investing, trading and research in worldwide global equity and debt markets. In addition to substantial real estate investments and holdings, EICA has recently devoted considerable time and effort to investments in nano cap and micro cap equities. EICA and its affiliates have investments in many companies around the world including recent investments in Axial Vector Energy Company, and PureSpectrum, Inc. In addition, EICA and its affiliates play an important role in the U.S. Windworks (a joint venture involving Axial Vector Energy Company and Constellation Capital Management, LLC) and Petro-AVEC (a joint venture between AVEC Acquisitions and Petrosonics, LLC).
Forward-Looking Statements
This press release may be deemed to contain forward-looking information. Any forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements, including statements as to industry trends, future economic performance, anticipated profitability, anticipated revenues and expenses, and products or service line growth, may be significantly and materially impacted by certain risks and uncertainties, including, but not limited to, failure to meet operating objectives or to execute the operating plan, completion, and other economic factors. Additional risks and uncertainties are described in the Company’s public filings with the Securities and Exchange Commission.
To be added to the Company’s email distribution for future news releases, please send your request to inquiry@axialvectorenergy.com.
SOURCE: Axial Vector
Axial Vector Energy Corporation 971 4 887 5351
inquiry@axialvectorenergy.com or Redwood Consultants, LLC Investor
Contact Jens Dalsgaard, 415-884-0348 Jebel Ali Free Zone LOB21- F07
Dubai, United Arab Emirates
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Dr. Stock Pick is a seasoned equity trader and financial investor. He’s on the Crown Equity Holdings, Inc (CRWE.OB) financial staff as a professional investment analyst and consultant. He’s syndicated on over 200 websites www.crwenews.com, www.stock-ir.com giving daily, up to the minute information about stocks, options, currencies and more. www.drstockpick.com
email: investor@drstockpick.com
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396.442
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289.615
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End of Day: $ Close: 0.032 Volume: 132,800
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Dollar Volume 3 m: 976
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168.886
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147.611
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End of Day: $ Close: 0.100 Volume: 171,900
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104.138
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End of Day: $ Close: 0.520 Volume: 117,553
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3 Month : $ High 1.150 Volume 3m avg: 58,811
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99.881
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99.451
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57.154
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55.787
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$ Low: 0.011 % Change 3m: 12.876
Dollar Volume 3 m: 488
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42.531
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Dollar Volume 3 m: 13,753
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38.613
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38.437
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Dollar Volume: 1,950
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Dollar Volume 3 m: 3,800
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36.018
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End of Day: $ Close: 0.235 Volume: 186,561
$ Change: -0.015 % Change: -6.000
Dollar Volume: 43,842
3 Month : $ High 0.260 Volume 3m avg: 161,133
$ Low: 0.050 % Change 3m: 2.218
Dollar Volume 3 m: 19,619
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15.781
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$ Low: 0.004 % Change 3m: 7.211
Dollar Volume 3 m: 8,215
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0.281
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Dollar Volume: 11,254
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$ Low: 0.350 % Change 3m: 6.679
Dollar Volume 3 m: 12,433
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xplosivesstocks.com - XplosiveStocks.com received 26,000 shares free trading by a Third Party for the profile of BRYN for one month. XplosiveStocks.com received and additional 52,000 shares free trading by a Third Party for the profile of BRYN for one month XplosiveStocks.com encourages readers and investors to supplement the information in these reports with independent research and other professional advice.
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End of Day: $ Close: 17.200 Volume: 1,698,073
$ Change: 1.000 % Change: 6.173
Dollar Volume: 29,206,856
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$ Low: 14.390 % Change 3m: 0.358
Dollar Volume 3 m: 32,001,679
Compensation:
Baby Bulls - Avanti five thousand dollars per month plus one hundred fifty thousand options exercisable at C$0.10.
-5.457
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$ Change: 0.300 % Change: 27.273
Dollar Volume: 9,100
3 Month : $ High 2.250 Volume 3m avg: 7,366
$ Low: 0.610 % Change 3m: 4.791
Dollar Volume 3 m: 6,718
Compensation:
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End of Day: $ Close: 0.100 Volume: 281,432
$ Change: 0.009 % Change: 9.890
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3 Month : $ High 0.210 Volume 3m avg: 327,930
$ Low: 0.091 % Change 3m: -0.904
Dollar Volume 3 m: 55,578
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-14.179
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End of Day: $ Close: 0.005 Volume: 71,000
$ Change: 0.000 % Change: 0.000
Dollar Volume: 355
3 Month : $ High 0.080 Volume 3m avg: 83,368
$ Low: 0.005 % Change 3m: 5.594
Dollar Volume 3 m: 2,513
Compensation:
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-14.836
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End of Day: $ Close: 2.500 Volume: 177,064
$ Change: 0.380 % Change: 17.925
Dollar Volume: 442,660
3 Month : $ High 3.700 Volume 3m avg: 212,727
$ Low: 2.120 % Change 3m: 0.044
Dollar Volume 3 m: 627,267
Compensation:
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-16.765
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End of Day: $ Close: 0.020 Volume: 120,200
$ Change: 0.000 % Change: 0.000
Dollar Volume: 2,404
3 Month : $ High 0.031 Volume 3m avg: 161,152
$ Low: 0.009 % Change 3m: 8.310
Dollar Volume 3 m: 2,952
Compensation:
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-25.412
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End of Day: $ Close: 0.013 Volume: 50,000
$ Change: 0.003 % Change: 30.000
Dollar Volume: 650
3 Month : $ High 0.013 Volume 3m avg: 80,000
$ Low: 0.007 % Change 3m: 24.286
Dollar Volume 3 m: 800
Compensation:
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-37.500
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End of Day: $ Close: 0.060 Volume: 19,400
$ Change: -0.010 % Change: -14.286
Dollar Volume: 1,164
3 Month : $ High 0.070 Volume 3m avg: 38,197
$ Low: 0.021 % Change 3m: 4.414
Dollar Volume 3 m: 1,713
Compensation:
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-49.210
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End of Day: $ Close: 0.780 Volume: 8,700
$ Change: 0.000 % Change: 0.000
Dollar Volume: 6,786
3 Month : $ High 0.860 Volume 3m avg: 18,768
$ Low: 0.560 % Change 3m: 0.248
Dollar Volume 3 m: 12,869
Compensation:
Hawk Associates - $12,000 per month. In addition, the company in some cases has been issued options, warrants or 144 stock.
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Dollar Volume: 5,653
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$ Low: 0.034 % Change 3m: 8.408
Dollar Volume 3 m: 35,808
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$ Low: 0.002 % Change 3m: 0.961
Dollar Volume 3 m: 14,579
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Dollar Volume: 11,926
3 Month : $ High 0.650 Volume 3m avg: 96,504
$ Low: 0.267 % Change 3m: 0.211
Dollar Volume 3 m: 35,806
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Baby Bulls - Dejour three thousand dollars per month and 125,000 options at $0.45
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$ Change: 0.000 % Change: 0.000
Dollar Volume: 750
3 Month : $ High 0.115 Volume 3m avg: 121,143
$ Low: 0.030 % Change 3m: 3.598
Dollar Volume 3 m: 7,360
Compensation:
HotShotStocks.com - We expect to be compensated other services for this profile.
-87.618
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End of Day: $ Close: 0.400 Volume: 700
$ Change: 0.020 % Change: 5.263
Dollar Volume: 280
3 Month : $ High 0.630 Volume 3m avg: 28,463
$ Low: 0.380 % Change 3m: -0.069
Dollar Volume 3 m: 14,024
Compensation:
Wall Street Resources - Wall Street Resources receives $2,500 per month for investor relations services from Liberator Medical Holdings, Inc.
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Dr. Stock Pick is a seasoned equity trader and financial investor. He’s on the Crown Equity Holdings, Inc (CRWE.OB) financial staff as a professional investment analyst and consultant. He’s syndicated on over 100 websites www.crwenews.com, www.stock-ir.com giving daily, up to the minute information about stocks, options, currencies and more. www.drstockpick.com email: investor@drstockpick.com
Dr Stock Pick would like to invite you to www.crowntradingsystems.com so you can check out the super 16 multi monitor super computer he trades on daily. If you’re looking for a multi display computer to enhance your trading then you’ll want to visit www.crowntradingsystems.com
Disclaimer:
Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. (read more)
