Scorpex, Inc. (SRPX)

[Love the Market]

IN CASE YOU MISSED LAST NIGHT'S ALERT, HERE IT IS ONE MORE TIME...Dear Investors,

We have been researching this company, combing through their financial, technicals and management team and our conclusion has come back ... GREEN LIGHT !!

Over the weekend we continued our search and across a very thinly traded company that appeared to be trading near support levels. As always, we prefer to wait a day in order to watch the company trade in order to figure out whether it would be an appropriate alert.

We have come to the conclusion that the company may be presently undervalued and may have potential to witness significant upside.
New Trade Alert: Scorpex, Inc.

(PINK: SRPX)

Technical Indicators

SRPX closed the day at 6 cents after recently bouncing off its support at .053 cents. This indicates to us that we have considerable support at present levels, and that there is limited downside risk.

The last time SRPX was at this market valuation the company rallied more than 145%.

About SRPX

SRPX (Scorpex, Inc.) is taking the necessary steps to own and operate a full-service waste disposal and recycling company, capable of storing and disposing all types of waste, including those classified as industrial, toxic and hazardous.
SRPX is strategically positioning its location for the first Scorpex plant to be located in Baja California, Mexico.

In the past few months, SRPX has unleashed numerous announcements addressing its successful execution of the business processes.

Recently, SRPX announced that it has secured a $90 million financing commitment from The Helping Hands Foundation for Habitat and Humanity ("HHFHH").

The commitment is for the financing of waste gasification/thermal oxidation equipment at SRPX's previously announced site in Ensenada, Mexico. The financing is linked to the recent purchase contract signed with International Environmental Technologies, Inc.

"We [SRPX] continue to gain relationships like HHFHH to pursue our corporate goals. The next two months are extremely important for our expansion efforts on our initial site and our growth plan into other regions of Mexico."

- SRPX Chief Executive Officer Joseph Caywood

The waste management industry provides enormous opportunity for companies such as SRPX, especially considering the recent global shift towards green technologies and protecting the planet from harmful substances.

The global waste and recycling industry collects more than 11 billion tons of solid waste and generates about $410 billion in revenue each year, according to the United Nations Environment Programme.


We love SRPX and think this could be an absolute winner, so put this on your radar and tomorrow morning get ready to make some moolah!

Sincerely,


The Penny Lane Reports Team


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