DALLAS, Dec. 30, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Clean Power Concepts Inc. (Pink Sheets:CPOW). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
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Clean Power Concepts Inc. (CPOW) is a Saskatchewan-based company focused on the renewable energy sector. On April 29, 2010, the Company acquired 95.1% of General Bio Energy Inc. General Bio operates a fully integrated commercial oilseed crushing, bio-diesel refinery, and environmental lubricants manufacturing and bottling, and nutraceutical and food processing plant in Regina, Saskatchewan. The plant has a crush capacity of 19.7 million liters of crushed oil annually. Its biodiesel fuel processor can produce up to 20 million liters of biofuel and biofuel additives and the crushing system can produce nearly 32.8 thousand metric tonnes of meal and protein related products for agricultural and aquaculture feedstock annually.
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In the report, the analyst notes:
"CPOW has recently entered into a letter of intent to supply the Chongqing Grain Group Co. Ltd. of China with crude canola oil. The Company said the agreement has the potential to generate sales in excess of $400 million over ten years, based on current prices.
"CPOW is trading above its 13-day moving average. This is considered to be the sign of a bullish trend. There is added weight to this indication because the moving average is rising and suggests that there has been buying interest in this stock."
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