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PennyPerformers.com: "Penny Stocks that Perform" picks are: AMOR, CBAI, ELON, SOL, YGE
[January 27, 2009]

PennyPerformers.com: "Penny Stocks that Perform" picks are: AMOR, CBAI, ELON, SOL, YGE


(M2 PressWIRE Via Acquire Media NewsEdge)
RDATE:27012009

Pennyperformers.com "Penny Stocks that Perform" picks are: AM Oil
Resources & Technology Inc. (OTCBB: AMOR), Cord Blood America, Inc.
(OTCBB: CBAI), Echelon Corporation (NASDAQ: ELON), ReneSola Ltd (NYSE:
SOL), Yingli Green Energy Holding Company Limited (NYSE: YGE)...and
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Jan 26, 2009 -- AM Oil Resources & Technology Inc. (OTCBB: AMOR),
announced today that it has just completed design drawings to build a
mobile bio-diesel device. The Company's design is a mobile biodiesel
production plant, capable of producing 2,000 to 3,000 gallons of
biodiesel per week. The designed plant fits into a standard
truck-trailer with dimensions 8 feet wide by 45 feet long by 9.5 feet
tall.

Biodiesel is the name of a clean burning alternative fuel, produced
from domestic, renewable resources. Biodiesel contains no petroleum,
but it can be blended at any level with petroleum diesel to create a
biodiesel blend. It can be used in diesel engines with little or no
modifications. Biodiesel is simple to use, biodegradable, nontoxic, and
essentially free of sulfur and aromatics. Biodiesel is made through a
chemical process called transesterification whereby the glycerin is
separated from the fat or vegetable oil. The process leaves behind two
products -- methyl esters (the chemical name for biodiesel) and
glycerin (a valuable byproduct usually sold to be used in soaps and
other products). Biodiesel is better for the environment because it is
made from renewable resources and has lower emissions compared to
petroleum diesel. It is less toxic than table salt and biodegrades as
fast as sugar. Since it is made in the USA from renewable resources
such as soybeans and recycled vegetable oil, its use decreases our
dependence on foreign oil and contributes to our own economy.

According to Anthony K. Miller, CEO, "The mobile biodiesel plant is to
be self sufficient, adaptable to different grades of waste vegetable
oil (WVO), environmentally friendly, and economical. Our initial goal
is to produce fuel that can be used to operate our patent steam
generators, oil field equipment and/or our vehicles. Biodiesel is
typically blended with diesel for usage and any surplus we produce can
be sold for a profit. We can sell the glycerin as a profit center as
well." Miller added, "Management and our consultants have extensive
experience in this field, with involvement in one of the first
stationary plants built in California. We are extremely excited by the
promise this can hold for our Company." Biodiesel is fuel considered as
GREEN and a focus of the current democratic administration as noted by
the following Links:
http://domesticfuel.com/2008/12/15/obama-picks-please-biodiesel-board/;
http://domesticfuel.com/2009/01/16/biodiesel-leads-asas-priorities-to-ob
ama/; http://www.eia.doe.gov/oiaf/analysispaper/biodiesel/.

About AM Oil Resources & Technology Inc.:

Our mission is to use, sell and produce our patent and patent pending
technologies, providing environmentally safe and cost-effective
apparatus designed to maximize oil production in oil fields, in both
domestic and international markets. To provide solutions to the world
with technology that will recover crude oil that would otherwise remain
in the ground forever. By utilizing proper development, partnership and
strategic alliances, we will attain this goal.

Jan 27, 2009 -- Cord Blood America, Inc. (OTCBB: CBAI), the umbilical
cord blood stem cell preservation company focused on bringing the life
saving potential of stem cells to families nationwide and
internationally, said today that it intends a rapid expansion of its
health insurance partnership program to new geographies in 2009. This
announcement from Cord Blood America comes on the heels of last week's
announcement that the Food and Drug Administration and the U.S.
government will allow the world's first test in people of a therapy
derived from human embryonic stem cells.

Founder and CEO Matthew Schissler, in reviewing the domestic stem cell
industry, predicts that 2009 will be an excellent, milestone year for
stem cell storage companies, including CBAI. "Now is the right time. We
have focused our business on three primary locations for several years,
developing deep relationships with health insurance providers to become
their recommended source for storage of umbilical cord blood stem
cells."

Mr. Schissler says Cord Blood America's stem cell storage subsidiary,
CorCell, will attempt to enter into contracts with two or three more
geographic health insurance providers, which would double the company's
current health insurance provider base.

"With a national health insurance plan and stem cell agenda as two of
the primary topics from the new administration, we see a marriage of
the insurance companies possibly paying for stem cell storage on the
horizon, even if it is on a limited basis for high risk families. By
developing the insurance sales channel, we feel we are positioning
ourselves for long term success in becoming a globally dominant stem
cell storage company."

Mr. Schissler went on to say that the growth will have limited cost
because all infrastructure needed has been put into place over the
course of many years.

CBAI has a history of being able to finance its growth, with the most
recent funding of $4 million transacting in July of 2008. "With a very
low cash burn, we feel we're well financed for the next few years,"
Schissler commented. "We'll use this time to get cash flow positive and
reduce debt while growing both organically and through accretive
acquisitions."

The company also is reporting tremendous success in engaging its
clients, prospective clients, shareholders and prospective investors
via social media with the help and intuition of NetGenPR. Cord Blood
America is currently on Twitter, Facebook and Intelligendo, and soon to
be available on FriendFeed. "The conversation has begun. Groups from
all over are discussing the impact of stem cells on every day life.
We're glad we can lead and moderate this information, while trying to
be a stem cell company of the people."

As previously reported, from 2003 to 2007, CBAI focused on growth. In
2008, the Company changed its tactics attempting to de-lever the
company while becoming purely a stem cell storage company, and in the
process de-emphasizing its non-core family advertising business.

As such, Cord Blood America has reported through first nine months:

-- Gross profits for the first nine months have increased to $1.8
million, a 54 percent margin, compared to a 42 percent margin in 2007.

-- SGA is down nearly $900,000, a 23 percent savings.

-- Loss from operations is down nearly 20 percent.

-- Loss per share is down 60 percent, from 0.05 to 0.02.

"We believe 2009 to be a turning point year for CBAI. We're excited to
get going," Mr. Schissler concluded.

Cord Blood America is the parent company of CorCell, which facilitates
umbilical cord blood stem cell preservation for expectant parents and
their children. Its mission is to be the most respected stem cell
preservation company in the industry. Collected through a safe and
non-invasive process, cord blood stem cells offer a powerful and
potentially life-saving resource for treating a growing number of
ailments, including cancer, leukemia, blood, and immune disorders.

Jan 26, 2009 -- Echelon Corporation (NASDAQ: ELON) and Wonderware, a
business unit of Invensys, announced today that they are partnering to
bring energy and facility management solutions to market. As part of
this partnership, Echelon joins the Wonderware Endorsed Hardware
Program - one of only a few companies endorsed for this program - and
the Echelon i.LON(R) SmartServer will be integrated with Wonderware
software solutions. Wonderware and Echelon's combined software and
hardware solutions will bring facilities more choices in how to
connect, manage and control their equipment for operation cost savings
and energy conservation. The announcement was made today at the 2009
AHR Expo in Chicago, the world's largest HVAC&R exposition.

i.LON SmartServer-equipped networks that use Wonderware facility
management software provide detailed insight into energy use, trends
and analysis, as well as the ability to directly control remote
equipment. The Wonderware Endorsed Hardware Program helps ensure that
third-party hardware offerings compliment Wonderware software
solutions, facilitate compatibility and improved application
performance, and help lower application development costs.

Echelon's i.LON SmartServer is a key component of a building automation
systems and energy management networks. The i.LON SmartServer controls,
monitors, and manages virtually any electronic control device in the
network. It is used in energy management solutions for retail stores,
quick-service restaurants, commercial buildings and other businesses,
as well as for monitored street lighting systems.

"We are pleased that Wonderware has selected the i.LON SmartServer as
one of its key partner products for the rapidly expanding energy
management market. Working together with Wonderware, we believe that we
can accelerate the adoption of enterprise-wide energy strategies for
companies both large and small. Becoming more efficient, reducing
energy waste and optimizing resources in buildings are critical to
today's businesses worldwide," said Anders Axelsson, Echelon's senior
vice president of sales and marketing.

"Our hardware partners provide products that are closely integrated
with Wonderware software for improved performance and lower maintenance
costs. These products are selected because they are best-of-breed in
their related industries," said John Bishop, industry manager, facility
management solutions, Wonderware. "Echelon's i.LON SmartServer is a
proven, reliable product that is used in energy management applications
worldwide. Combined with the company's championing of open markets and
systems, choosing to partner with Echelon was a clear choice."

Wonderware software already is used in more than 125,000 installations
around the globe. Echelon's i.LON SmartServer offers energy-saving
benefits for many types of applications, including demand response
programs and other real-time energy management systems, building
automation systems, monitored street lighting systems, and industrial
applications.

About Wonderware

Wonderware is the market leader in real-time operations management
software which includes: Supervisory HMI, GeoSCADA, Production
Management, MES, Performance Management, EMI, and integration with
asset management, supply and demand chain and ERP applications.

Wonderware delivers significant cost reductions associated with
designing, building, deploying and maintaining secure and standardized
applications for manufacturing and infrastructure operations.
Wonderware software solutions enable companies to synchronize their
production operations with business objectives, obtaining the speed and
flexibility to attain sustained profitability.

Wonderware has over 500,000 active software licenses, helping customers
manage operations in over 125,000 plants and facilities. This
represents over 36% of the 350,000 estimated world's plants and
facilities with 20 or more employees. Wonderware has customers in
virtually every global industry -- including Food & Beverage, Power,
Water & Wastewater, Facilities, Transportation, Upstream Oil & Gas,
Mining, Metals and other. Wonderware offers software solutions that tie
together multiple fleets of plants and facilities, and enables new ways
for customers, suppliers and producers to collaborate.

Based in Lake Forest, California, Wonderware serves its customers
through an expansive global network of Wonderware Authorized
Distributors - 160 offices serving 180 countries, and local and
regional systems integration and implementation services are provided
through a broad global network of over 3000 independent systems
integrator companies that have chosen Wonderware as a solutions enabler
for their end customers. They are backed by the expertise of the global
Customer Support & Services team. Wonderware is a business unit of
Invensys plc.

About Echelon Corporation

Echelon Corporation is leading the worldwide transformation of the
electricity grid into a smart, communicating energy network, connecting
utilities to their customers, and providing customers with energy aware
homes and businesses that react to conditions on the grid.

Echelon's NES System - the backbone for the smart grid - is used by
utilities to replace existing stand-alone electricity meters with a
network infrastructure that is open, inexpensive, reliable, and proven.
The NES System helps utilities compete more effectively, reduce
operating costs, provide expanded services and help energy users manage
and reduce overall energy use. Echelon's LonWorks(R) Infrastructure
products extend the smart grid, powering tens of millions of energy
aware, everyday devices made by thousands of companies - connecting
them to each other and the grid. LonWorks based products work together
to monitor and save energy; lower costs; improve productivity; and
enhance service, quality, safety, and convenience in utility,
municipal, building, industrial, transportation, and home area networks.

Echelon, LonWorks and the Echelon logo are registered trademarks of
Echelon Corporation registered in the United States and other
countries. Other product or service names mentioned herein are the
trademarks of their respective owners.

Jan 27, 2009 -- ReneSola Ltd (NYSE: SOL) (AIM: SOLA.L),("ReneSola" or
the "Company"), a leading Chinese manufacturer of solar wafers, today
announced that its wholly owned subsidiary Sichuan ReneSola Material
Co. Ltd. signed a RMB800 million (approximately US$117 million)
five-year project loan agreement with China Construction Bank, Sichuan
Branch to support the construction of ReneSola's polysilicon production
facility in Meishan, Sichuan province.

"We are pleased to announce that we've secured additional financing for
our Sichuan polysilicon manufacturing facility," said Charles Bai,
ReneSola's chief financial officer. "The agreement, combined with
previously acquired financing, provides ReneSola with approximately 90%
of the capital necessary to fund the project to completion. Our ability
to secure capital in a tight credit environment demonstrates confidence
in the development and operation of our polysilicon facility and faith
in our management team's track record of delivering positive results."
The Company noted that pilot production for phase one of its Sichuan
polysilicon manufacturing facility is expected to commence late in the
second quarter of 2009 and phase two pilot production is expected to
commence late in the third quarter of 2009. Each phase will consist of
1,500 metric tones ("MT") of polysilicon production. As part of the
Company's long-term strategy, the 3,000 MT Sichuan facility will
provide ReneSola with a stable and low-cost source of polysilicon
feedstock, enhancing its position as a leading wafer producer within
the industry."

About ReneSola

ReneSola Ltd ("ReneSola") is a leading global manufacturer of solar
wafers based in China. Capitalizing on proprietary technologies and
technical know-how, ReneSola manufactures monocrystalline and
multicrystalline solar wafers. In addition, ReneSola strives to enhance
its competitiveness through upstream integration into virgin
polysilicon manufacturing. ReneSola possesses a global network of
suppliers and customers that include some of the leading global
manufacturers of solar cells and modules. ReneSola's shares are
currently traded on the New York Stock Exchange (NYSE: SOL) and the AIM
market of the London Stock Exchange (AIM: SOLA).

Jan 26, 2009 -- Yingli Green Energy Holding Company Limited (NYSE: YGE)
("Yingli Green Energy" or the "Company"), one of the world's leading
vertically integrated photovoltaic ("PV") product manufacturers, today
announced that one of its wholly-owned subsidiaries has entered into a
credit agreement for a three-year loan facility with a fund managed by
Asia Debt Management Hong Kong Limited ("ADM Capital") to secure
additional financing for its business expansion.


Pursuant to a credit agreement entered into between Yingli Energy
(China) Company Limited ("Yingli China"), a wholly owned subsidiary of
the Company located in Baoding, China, as the borrower, and ADM
Capital, as the lender, ADM Capital has agreed to provide a three-year
loan facility of up to US$80.0 million to Yingli China for its
production capacity expansion and general corporate use. The loan will
accrue interest of 12% per annum (payable semi-annually) and is
expected to be available for drawdown in one lump sum at any time up to
85 days from the date of the agreement (or such later date as agreed by
ADM Capital), subject to the obtaining of certain governmental
approvals and satisfaction of other customary closing conditions. Under
the terms of the agreement, the lenders may also require Yingli China
to prepay the loan in part or in full if Yingli Green Energy fails to
meet certain agreed consolidated operating and financial targets.

"This loan facility will provide us with valuable support in these
times of continued turmoil in the global financial markets and is
expected to further strengthen our ability to complete our expansion
plan as scheduled," commented Mr. Zongwei Li, Chief Financial Officer
of Yingli Green Energy. "We believe this new financing demonstrates ADM
Capital's confidence in our leading position in the industry and the
growth potential of our fully integrated business model."

"ADM Capital has a long track record of investing in China and the
Asian region," stated Grace Tan, a member of ADM Capital's investment
committee. "We are very excited at the prospects of our partnership
with Yingli Green Energy and the outlook for its solar energy business."

Yingli China's repayment obligations under the agreement will be
guaranteed by the Company, Baoding Tianwei Yingli New Energy Resources
Co., Ltd (the Company's principal operating subsidiary in China) and
Ms. Qing Miao, Director of Investor Relations of the Company and
daughter of Mr. Liansheng Miao, Chairman and Chief Executive Officer of
the Company, and will be secured by certain collateral provided by
affiliates of Yingli Green Energy. The collateral includes, among
others, a pledge by Yingli Power Holding Company Ltd., a company
controlled by Mr. Liansheng Miao and the controlling shareholder of the
Company, of a fixed number of ordinary shares of the Company it holds
(with no obligation to deliver additional shares of collateral nor any
default tied to the trading price of the American depositary shares of
Yingli Green Energy) and a pledge by Cyber Power Group Limited ("Cyber
Power"), a recently acquired, wholly-owned subsidiary of the Company,
of all its equity interest in its Hong Kong subsidiary through which
Cyber Power wholly owns Fine Silicon Co., Ltd., a development stage
enterprise located in Baoding, China which plans to begin production of
solar-grade polysilicon in the second half of 2009.

In connection with the loan, the Company has agreed to grant to ADM
Capital warrants, exercisable with respect to approximately one-fifth
of the warrants every six months starting from the drawdown date of the
loan to the third anniversary of the drawdown date of the loan. The
initial strike price of the warrants will be based on the volume
weighted average closing price per ADS on the New York Stock Exchange
for the 20 trading day period immediately prior to the issuance of the
warrants, subject to customary antidilutive and similar adjustments.
The number of warrants to be granted will be determined based on the
final size of the loan on the drawdown date but in no event will exceed
6.6 million. The Company may at its discretion settle the warrants in
cash, shares or a mix of cash and shares. The warrantholders' rights to
exercise the warrants will terminate on the fifteenth day following the
third anniversary of the drawdown date of the loan. The Company has the
obligation to purchase all unexercised warrants on the termination date
at a price of US$7.00 per warrant. The Company expects to issue the
warrants concurrently with the drawdown of the loan. In addition, the
Company has agreed to file a registration statement with the U.S.
Securities and Exchange Commission to cover the resale of the shares
(in the form of American depositary shares) to be received by the
warrantholders upon exercise of any warrants.

As the closing of the transaction contemplated under the agreement is
subject to the obtaining of certain governmental approvals and other
closing conditions, the Company cannot give assurance that the loan
will ultimately close or that if it closes, the principal amount of the
loan will reach the maximum principal amount of US$80.0 million as
currently contemplated under the agreement.

Neither this press release nor the information contained herein
constitutes an offer to sell or the solicitation of an offer to buy any
securities in the United States or any other jurisdiction. No
securities may be offered or sold in the United States absent
registration under the United States Securities Act of 1933, as amended
(the "Securities Act"), or an exemption from such registration
requirement. Any public offering of any securities to be made in the
United States will be made only by means of a prospectus meeting the
requirements of the Securities Act. Such prospectus, copies of which
may be obtained from the Company or the selling security holder, will
contain, among other things, detailed information regarding the
Company, its business and management, as well as financial statements
and other financial information regarding the Company. No money,
securities or other consideration is being solicited by this press
release or the information contained herein and, if sent in response to
this press release or the information contained herein will not be
accepted.

About Yingli Green Energy

Yingli Green Energy is one of the world's leading vertically integrated
PV product manufacturers. Through the Company's principal operating
subsidiary in China, Baoding Tianwei Yingli New Energy Resources Co.,
Ltd., Yingli Green Energy designs, manufactures and sells PV modules
and designs, assembles, sells and installs PV systems that are
connected to an electricity transmission grid or operate on a
stand-alone basis. With 400 MW of total annual production capacity in
each of polysilicon ingots and wafers, PV cells and PV modules, Yingli
Green Energy is currently one of the largest manufacturers of PV
products in the world as measured by annual production capacity.
Additionally, Yingli Green Energy is one of a limited number of
large-scale PV companies in the world to have adopted a vertically
integrated business model. Through its wholly owned subsidiary, Yingli
Energy (China) Company Limited, Yingli Green Energy currently plans to
expand annual production capacity of polysilicon ingots and wafers, PV
cells and PV modules to 600 MW in the third quarter of 2009. The
Company, through Fine Silicon Co., Ltd., its wholly owned subsidiary,
also plans to begin production of solar-grade polysilicon in second
half of 2009. Yingli Green Energy sells PV modules under its own brand
name, Yingli Solar, to PV system integrators and distributors located
in various markets around the world, including Germany, Spain, Italy,
South Korea, Belgium, France, China and the United States.

About ADM Capital

Asia Debt Management Hong Kong Limited is a Hong Kong headquartered
investment advisor regulated by the Hong Kong Securities and Futures
Commission which undertakes asset management on behalf of private
investment funds. ADM Capital's assets under management total
approximately US$2.0 billion and it invests in special situations and
private equity transactions predominantly in Asia and Europe. ADM
Capital has been a market leader investing in China with a consistent
track record since its establishment in 1998. ADM Capital has offices
in Hong Kong, Beijing, Mumbai, Istanbul and London.

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