CybeRelease: (OTC: APPI) Receives New Price Target
(CybeRelease, February 6, 2007) - Advanced Plant Pharmaceuticals (OTC BB: APPI) has been rated “Speculative Buy” with a target price of $0.06 by Beacon Equity Research Analyst Dr. Victor Sula.
The full report is available at http://www.BeaconEquityResearch.com
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In the report, Dr. Sula writes, “Advanced Plant Pharmaceuticals, Inc. is shifting its business plan to focus on biofuels and renewable energy production and distribution. In Q4FY06, APPI announced an agreement to acquire World Health Energy (WHE), a renewable energy company focused on the development and production of alternative fuels. WHE plans to use cost-effective agricultural products both locally and from around the world to develop natural alternative fuels. The Company plans to build two biodiesel plants in the US and is in the process of securing financing for their construction.”
“According to Clean Edge research, the global biofuels market will grow from $15.7 billion in 2005 to $52.5 billion by 2015. Meanwhile, Emerging Markets Online forecasts US biodiesel consumption will grow to 750 million gallons by the end of 2007. Moreover, the US biodiesel market should grow significantly to match the consumption levels of European counterparts. Total biodiesel sales in the US amounted to less than 0.5% of all petro-diesel on-road consumption in 2005.”
To read the complete release, go to http://biz.yahoo.com/bw/070202/20070202005411.html?.v=1.
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