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Re: nyheat post# 1043

Friday, 07/22/2016 11:57:30 PM

Friday, July 22, 2016 11:57:30 PM

Post# of 3291
Why OPTT is Soaring and continues going UP higher ?
(OPTT= Ocean Power Tech).

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=124056412

The main reason the stock has been soaring is that Ocean Power is currently transitioning to a more commercial focus. Until now, the company has been committed to developing and perfecting its technology, and now it seems it is ready to be sold to the world.

OPTT's business plan is consistent with its strategic pivot refocusing its product development efforts on autonomous PowerBuoys and its deliberate decision to transition toward commercial revenues: Huge Revenues Are Coming and OPTT's future is bright, VERY bright.

The company also recently announced its newest product deployment, which is a major step in its plan to commercialize the business. Last week, Ocean Power released its first and second PB3 PowerBuoy approximately four miles off of the coast of New Jersey.

“This deployment of our PB3 represents what we expect will be the final validation step prior to release of the product to our target customers and markets… As per our previously announced plan, this deployment represents a major milestone in our commercialization strategy enabling us to put our product in the hands of our customers. I am very proud of this critical company achievement,” said Ocean Power CEO George H. Kirby.

OPTT is a Strong BUY.
Go OPTT $$$$$$$$$$$
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