PowerVerde Inc. is in the StockGuru Spotlight for February 8, 2011

PowerVerde Inc.  is in the StockGuru Spotlight for February 8, 2011

DALLAS, TEXAS : StockGuru announces that PowerVerde Inc. (OTCBB: PWVI) is in the StockGuru Spotlight.    PowerVerde, Inc. manufactures advanced renewable power generator systems comprised of gas pressure and gas expansion motors. These systems operate without combustion or fossil fuel creating electrical power from any low grade heat source or adequate pressure forum. PowerVerde is an environmentally friendly green company producing zero emissions or waste stream byproducts.

On Monday, the company put out news announcing that the company has signed a binding Letter of Intent (“LOI”) with Newton Investments BV, (“Newton”) a Dutch-based company, to license PowerVerde’s unique renewable 50Kw energy system. The LOI allows Newton to distribute this energy system throughout the 27 countries of the European Union, initially focusing on the Netherlands, Belgium, Germany and Scandinavian countries. Furthermore, PowerVerde has authorized Newton to manufacture this system under a strict licensing agreement with a Dutch/German foundry and machine shop capable of producing hundreds of units per year. Under the terms of this LOI, Newton must sell at least 100 systems in the first year to maintain these exclusive rights for up to 10 years. 

Shares for PowerVerde Inc. (OTCBB: PWVI ) were up during the afternoon of trading on Monday and closed up sixteen cents at closing.


To view our StockGuru Spotlight on PowerVerde Inc. (OTCBB: PWVI), please visit: http://www.stockguru.com/category/latest-spotlights/

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