Boone Boosts Energtek
July 20, 2009
The domestic natural gas industry has fallen on hard times due to a supply glut and a sharp fall in commodity prices over the course of the last year, but with last week’s latest news things are beginning to look up again. T. Boone Pickens, the long time crude oil bull turned alternative energy maven, has begun working on legislation that is gathering very impressive bipartisan support. The conveniently named NAT GAS Act (New Alternative Transportation to Give Americans Solutions) was introduced by Pickens along with Senate Majority Leader Harry Reid (D-NV), Senator Robert Menendez (D-NJ), and Senator Orrin Hatch (R-UT) in a letter to President Barack Obama on July 8th, 2009. The group’s legislation provides a real fundamental shift in the way investors should analyze natural gas companies, especially those in the natural gas transportation industry such as Energtek, Inc. [[EGTK.PK]]. Read more
MWW Automotive Group Enters into Distribution Contract
July 15, 2009
MWW Automotive Group [[MWWC.OB]], a full-service global design, engineering and manufacturing firm providing customized accessories for leading international vehicle manufacturers, recently announced that the company’s wholly owned subsidiary, Modelworxx GmbH, in Munich, Germany has entered into an agreement with ABT Sportsline GmbH for worldwide distribution of its Volkswagen and Audi products. Read more
