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Dear Fellow Traders,
I am very bullish in general on OIL for the short to mid-term horizon, and i think a nice play is setting up with FORC, you want to watch it and maybe start getting some cheap shares. (I will not manage this trade with you, but i think it’s worth mentioning it to you as it looks on a nice move..). I will cover it more tonight but it looks like it could go revisit the +$0,55 level. Volume is picking up today.
Also i just wanted to highlight the PR of WTAR today. It seems like it is really a new start for this company as well. If they really start getting traction in China they can get these sales to explode….As i saw this PR on my system, i felt you should all know about it.
Wataire Now Available in the People’s Republic of China
WOODLAND HILLS, CA, Oct 07, 2009 (MARKETWIRE via COMTEX) — Wataire International Inc. (“Wataire” or the “Company”) (OTCBB: WTAR) is pleased to announce that the Company has engaged Hong Kong-based Roots Environmental (H.K.) Ltd. to act as an agent to market and sell its award-winning atmospheric water generators in Mainland China and into other South East Asia countries.
Headquartered in Hong Kong, Roots Environmental (H.K.) Ltd (www.rootshk.com) began by manufacturing environmental products, and as market demand has increased, the company has evolved its business and product solutions into providing environmental protection services. The company offers a wide range of products and services for improving air and water quality, and energy cost savings, and has expanded its presence to Singapore, Japan, and China. The company aims to provide high quality environmental products, exceptional service, and is continuously contributing resources towards research and development and customizing design solutions to meet the needs of its growing client list. In a relatively short period of time, Roots has developed an impressive corporate client list that spans many industry sectors including: IFC – International Finance Centre, Hong Kong International Airport, Cathay Pacific Airlines, Jones Lang LaSalle, Grand Hyatt Hotel, Federal Group of Restaurants, and the Kowloon City Plaza.
“To date we have received tremendous interest from many companies around the world in response to the growing need for our solution for providing clean, safe drinking water. China is a very important market for the Company due to its size, population and extreme water problems. We are excited to begin working with Roots Environmental as our partner for the region,” commented Robert Rosner, CEO of Wataire International Inc.
If present trends are not reversed, the World Bank forecasts that by 2020 there will be 30 million environmental refugees in China due to water stress.
– With 20% of the world’s population but only 7% of global water resources, China meets with a severe challenge.
– More than half of China’s 660 cities suffer from water shortages, affecting 160 million people.
– The per capita water volume in China is one fourth of the world average.
– 90% of cities’ groundwater and 75% of rivers and lakes are polluted.
– As a result of widespread water pollution, 700 million people drink contaminated water every day.
– Waterborne diseases have created a rising number of premature deaths.
– Between November 2005 and January 2006, three large-scale incidents occurred, halting water supply for millions of people and raising awareness of the challenges ahead.
– The government plans to mitigate water pollution by investing inwastewater treatment facilities.
Thanks
Team
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