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MicrocapAlert.com Issues
Trader Opinion on TGI Solar Power Group (TSPG)
Last Updated: Oct. 21, 2009 - 4:35pm EST
NEW YORK)-– Microcap Alert has
issued a traders opinion on TGI Solar Power Group (OTC: TSPG), a
provider of clean tech products and solutions, and
increased its near-term traders target of $0.20 to $0.25 per
share.
Summary
The company has been showing
increased activity in signing new joint venture agreements with
Italian based Prime Solar, and new clean water treatment project
in the Mid-Atlantic region. Some key factors for adding TSPG as a new
play for Microcap Alert are as follows.
- Only around 100 million shares
outstanding
- Very low float, around 4.7 million
- Recent agreements with Prime Solar, and project in Egypt
- Recent agreement for clean water treatment project in Mid
Atlantic US
- $1 million equity line financing already in place for business plan
- Plans to become fully reporting, up-list to higher exchange
- Appointment of new executive management team
Although still speculative, the low
float, new management team, and clean technology agreements makes TSPG a perfect
play for traders seeking a potential 5 to 10 bagger. Microcap
Alert sees a near-term traders target of $0.20 to $0.25 per share.
About MicrocapAlert.com
.Microcap
Alert is an trader informational network providing market insight
and trading opinions for the overlooked micro-cap sector. Microcap
Alert provides not only market and research opinions, but mobile
text alerts for the active micro-cap trader. www.microcapalert.com
Disclaimer:
This is NOT a solicitation to Buy or Sell any security, but rather
is for informational purposes only. Content contained herein
includes facts, views, opinions and recommendations of individuals
and organizations deemed of interest. MicroCap Alert does
not guarantee the accuracy, completeness or timeliness of, or
otherwise endorse these views, opinions or recommendations, or
give investment advice. MicroCap Alert, its affiliates, or
directors, may or may not hold a position in the above security
from time to time, and investors are encourage to consider this as
a possible conflict of interest when reviewing this information.
In Compliance with SEC Rule 17B MicroCap Alert was NOT compensated
for this research alert, but may or may not be held as a holding
in parent company's institutional funds, and thus should be
considered a possible conflict of interest when reviewing this
report and informatio.
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Contact:
Wall Street Newscast
Email: info@wallstreetnewscast.com
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Safe
Harbor Statements:
This
research report includes statements that may constitute
forward-looking statements made pursuant to the safe harbor
provisions of the U.S. Private Securities Litigation Reform Act of
1995. Although the Company believes that the expectations
reflected in such forward-looking statements are based on
reasonable assumptions, such statements are subject to risks and
uncertainties that could cause actual results to differ materially
from those projected.
Disclaimer:
This is NOT a solicitation to Buy or Sell any security, but rather
is for informational purposes only. Content contained herein
includes facts, views, opinions and recommendations of individuals
and organizations deemed of interest. Wall Street Newscast ("WSNC")
does not guarantee the accuracy, completeness or timeliness of, or
otherwise endorse these views, opinions or recommendations, or
give investment advice. WSNC, its affiliates, or directors, may or
may not hold a position in the above security from time to time,
and investors are encourage to consider this as a possible
conflict of interest when reviewing this information. In
Compliance with SEC Rule 17B Wall Street Newscast was NOT
compensated for this research alert, but may or may not be
held as a holding in parent company's institutional funds, and
thus should be considered a possible conflict of interest when
reviewing this report and information. .
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