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OTC Reporter News Alert – KHGT
Posted on 09 September 2010 by admin
News Alert for Thursday 9-9-10: KHGT
Headlines: "Kalahari Greentech, Inc. Details Wind Generation Growth Forecasts"
Kalahari Greentech, Inc. released a statement
today that according to EIA's International Energy Outlook 2010, wind
generation is expected to account for more than 3% of total world electricity by
2020 (Source: http://www.eia.doe.gov/energy_in_brief/wind_power.cfm?src=email).
Kalahari Greentech designs, produces and provides wind turbines, solar
collectors and other sustainable energy technologies.
Start doing your research: http://www.kalaharigt.com/
KHGT has really picked up momentum over the last few weeks. It appears a lot of new eyes are on the stock, so there is no telling where it could go!
OTCReporter.com, HotOTCChina.com, OTCPennystockreporter.com,
OTCPennypicks.com, and Chartpenny.com (the “Websites”) are owned by Oceanic
Consulting, LLC ("Oceanic") and Garden State Resources NJ, LLC ("Garden State")
(Oceanic and Garden State are collectively referred to herein as the "LLC
Companies) , both of which are New Jersey limited liability
corporations (the Websites and its owners, the LLC Companies, and their
affiliates, directors and officers and its immediate family members are referred
to in our Disclaimer as "OTCR" or "we" or "us" or "our"). Because we receive
monetary or securities compensation, most often in the form of
common stock (hereafter referred to as the "Shares") for our dissemination of
publicly disseminated information (the “Information”) regarding various issuers
of securities, we disclose our specific compensation herein and in our
individual reports of profiled issuers. The LLC Companies received twenty -five thousand dollars from a non-affiliate third party shareholder of KHGT Kalihari Greentech
Designs in return for OTCR’s services to publicly and electronically
disseminate information pertaining to Kalihari Greentech Designs. It is imperative that all readers of the above
compensations disclosure carefully review our Disclaimer in its entirety, which
contains important information about penny stocks, our operations, the limited
nature of the Information and various risks attendant to the companies that we
profile, including that: (a) we receive our compensation in free trading shares,
which we will sell immediately upon their receipt as well as during the
dissemination of such Information or within hours, days, weeks or months
thereafter, or at any time; as a result, our selling activities will cause
significant volatility in the Issuer’s stock price and/or significantly depress
the Issuer’s stock price; (b) we will buy and sell the Shares in the open market
before, during or after the dissemination of the Information or at any time,
which will cause significant volatility in the Issuer’s stock price and/or
significantly depress or increase the Issuer’s stock price; (c) there is an
inherent and actual conflict of interest that exists between our Readers’
interests and our interests because we: (i) receive the Shares as compensation
for disseminating the Information and thereafter sell those Shares at any time
for monetary gain, including at the same time the Information is being
disseminated or shortly thereafter or at any time; and (ii) buy and sells the
Profiled Company’s shares in the open market at the same time or before the
Information is being disseminated or shortly after the dissemination of the
Information or at any time. Our gains from sale of the Shares may be
substantial.
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