Dallas, Texas – The StockGuru Spotlight – Yesterday, POWRtec (OTCBB: POWT), an innovative California-based energy monitoring company, gave investors a look at their business overview in a press release issued after the close. They discussed the importance of adding efficiency to our existing energy grid. One of the great ways to do this is to consider POWRtec’s network-enabled Smart Meters.
Prior to the news after the close Thursday, shares closed up a remarkable 215% on volume of over 64 million shares. The final close was $0.189, although the stock has an intraday high of $0.194.
The Sunnyvale, California company had this to say about their Smart Meters in the release: “POWRtec’s intelligent Smart Meters allow for the consumer to remotely control power draining devices, such as air conditioners, turning them on and off from virtually any location, reducing energy waste significantly and thus entailing remarkable savings on the utility bill. Ultimately POWRtec’s networked Smart Meters constitute a substantial tool in the fight against carbon dioxide emissions.”Read more about POWRtec at: http://stockguru.com//tag/powt
Featured This Week on StockGuru.com:
- Wednesday: Ten Tech Stocks We Like for 2012
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- Friday: Due Diligence Weekend: Three Stocks in Three Industries We Really Like
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