EQC02, Inc. (fka CLNO)

[Ike23]

This came out today and the price drops?? Doesn't make any sense...

http://www.goldmanresearch.com/Popular/clno-the-next-major-energy-player.html

CONCLUSION

Given its relatively low risk, recurring revenue strategy and clever tactical execution, we believe that Cleantech is a great way to play the renewable energy space. With an enviable signature and soon to be operational biomass power station in environmentally tough California, we expect a number of additions to be added to the CLNO power portfolio. As a result, we project that the Company will generate millions in revenue and a healthy profit on a recurring basis, which will only increase over time as more facilities are brought on line. Thus, growth will come both organically and through acquisition, giving CLNO meaningful market share in the space very quickly.

CLNO has significant, inherent advantages in the space, starting with its strategy and model, and the tremendous opportunity abroad, which is a credit to management’s vision. The stock is likely to be news-driven in the near-term, but a number of milestones, including new deals, should drive the stock higher as the Street begins to learn the story. We rate these shares Speculative Buy.