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Top Ten Penny Stocks traders should know about for the week of May 3rd 2010
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CVAT (OTCBB) Sector: NANO Technology
CVAT – Cavitation Technologies, Inc:
Cavitation Technologies (CVAT) Inc is a “Green-Tech” company, established in 2006 to become a world leader in the development of new cutting edge technologies for the: edible oils processing, renewable fuel, petroleum refining, water treatment, wastewater sanitation, petroleum, food, beverage and chemical industries.
Biofuels Digest, the most widely read biofuels daily publication in the world, chose CVAT as one of the “50 Hottest Companies in Bioenergy.”
CVAT ‘s flagship product is called the BioForce 9000 (biodiesel technology). This fully automated system performs complete transesterification fully converting all mono, di, and tri-glycerides contained in feedstock (such as animal fats and vegetable oils) into methyl esters (biodiesel).
Cavitation Technologies (CVAT) will install its first edible oil nano technology refining system as a result of its exclusive licensing agreement with Desmet Ballestra which is the market leader providing the most advanced and efficient processing equipment and systems to the $100 Billion Dollar a year food oil extraction and refining industry.
This first edible oil refining system installation is being done in conjunction with industry leader Desmet Ballestra for one of its 5,000 potential clients in this sector.
Cavitation Technologies (CVAT) seems to be building momentum as the days go by. The chart is really getting our attention, money flow indicators indicate the stock can move higher. Nice set up occurring. A weekly close above the 50 – day moving average (.17) should get the party started.
To get the full list of top10 stocks for the week please click here. http://bit.ly/caFZLZ
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