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Monday, January 05, 2009 9:23:35 AM
PURO - gapping up
"Purio Inc. Reiterated 'Speculative Buy,'
Target Price $1.10 by Beacon Equity Research"
PURO has made good progress advancing its technology in recent weeks and has demonstrations planned for the summer. Strong interest from customers in India, Africa and other developing nations evidences the revenue potential of the technology ... We anticipate the Company will begin generating revenues in 2008 and look for revenues to reach a $15 million annualized run rate by year-end 2009.
Share Structure
Free Trading: 27,500,000
Restricted: 27,734,603
Total: 55,234,603
"Purio Inc. Reiterated 'Speculative Buy,'
Target Price $1.10 by Beacon Equity Research"
PURO has made good progress advancing its technology in recent weeks and has demonstrations planned for the summer. Strong interest from customers in India, Africa and other developing nations evidences the revenue potential of the technology ... We anticipate the Company will begin generating revenues in 2008 and look for revenues to reach a $15 million annualized run rate by year-end 2009.
Share Structure
Free Trading: 27,500,000
Restricted: 27,734,603
Total: 55,234,603
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