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This could be your last chance to buy it under $2.
I remember when this company became public in 2000. It IPO’d into the teeth of a horrible market. The company’s exciting claim that they had a mechanical means of storing energy from the electric power grid was lost to the herd. Panic ruled the day.
But something about it stuck with me. Their system could buy energy from the grid at night, when it was cheap, and then resell that same energy back to the grid during peak hours of daylight.
Let me explain. Most electric power plants run at full power all the time. But demand comes and goes. Demand peaks in the early evening when people get home from work, and slacks off after midnight when people go to sleep.
Naturally this leads to excess electricity production at night and, in turn, wasted energy. The solution is called grid energy storage which allows companies to store energy for future use.
One way to store energy is to pump water up a hill at night using cheap electricity and then send it back through a turbine at peak hours. A simple solution, but it requires a great deal of space, infrastructure, and it expends a large portion of the energy it is trying to reserve.
The best way to store energy
I’ve found a company that is now trading at $1.80 that has a mechanical solution to this problem. This tiny electricity maverick plans to announce the location of its first no-fuel “power plant” within the next two weeks.
Just two days ago they announced that their system has once again passed a stringent test phase and passed with flying colors. The stock climbed 21% on the news… in a day!
The plant doesn’t burn oil, coal or natural gas – or use uranium or solar panels.
Instead, it runs from electricity that it pulls off the grid when demand is low, then resells the stored power at a premium during peak hours when utilities need it most.
In short, it could produce the highest profit margins in the history of the utility industry.
The company already has the backing of the Department of Energy, the State of New York, the California Energy Commission and other heavy hitters.
As you can tell by the chart above this company has been forgotten by Wall Street for almost seven years. But now its share price is percolating. Something big is imminent: Company insiders snapped up 1.8 million shares of the stock since July 6, 2007 – shelling out more than $3.5 million of their own money.
In fact, I believe this company could crush these five superstars that saw huge run-ups after energy deregulation in 1992:
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Exelon up 1,049%
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TXU up 1,766%
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Ameren up 64.1%
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American Electric Power up 259.9%
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Avista up 1,679%
I would hate for anybody to have missed those kinds of gains. After all, if you invested $5,000 in Exelon in 1992, you’d have $52,450 today. Well, I’m writing you today about an even better opportunity.
Get in now on this $1.80 energy company and, in two years, your $5,000 could grow into $61,650. Read our free report now.
Christian DeHaemer
Editor, Red Zone Profits
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