posted
really flying Titan Energy Worldwide, Inc. (formerly Safe Travel Care, Inc.) (SFTV) announced today that it has signed a conditional letter of agreement to acquire Stellar Energy Services, Inc. (Stellar). Stellar is an authorized dealer and service provider of Generac power generation equipment. The final agreement is conditional upon the completion of due diligence by both parties and an audit of the financial statements of Stellar.
Stellar Energy Services provides sales and support for Generac power generators in the U.S. states of Minnesota, Wisconsin, North and South Dakota, Iowa, and Nebraska. The company offers a full range of gas- and diesel-powered products, including standby power systems; modular power systems; and residential, light commercial and telecommunications systems.
Stated Jeffrey Flannery, CEO of Titan Energy Worldwide, "This proposed acquisition could be a key event for Titan as we seek to expand our marketing base as well as provide additional support for our flagship product, the Sentry 5000. While we need to complete an audit of the company, Stellar appears to be a strong, growing company with facilities and expertise that are a great match for Titan and our future plans."
Titan Energy manufactures the Sentry 5000, a portable utility system that provides up to 80 hours of self-sufficient emergency power generation before refueling. The Sentry 5000 allows for mobile deployment and supports emergency power generation, water purification, satellite voice and data communication, emergency area lighting, space conditioning (heat or cooling), and offers 50kW+ additional power capacity.
Posts: 1442 | From: Lugano - Switzerland | Registered: Sep 2003
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posted
Looks like an oversold bounce is due . Getting filled on cheapies here for the next leg up.
Posts: 660 | From: california | Registered: Nov 2005
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posted
Nice close from low of .0015 to close .0022 green. Makes a nice candle for today and continuance tomorrow is very bullish imho. Good luck
Posts: 660 | From: california | Registered: Nov 2005
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posted
SFTV continuation here would be very bullish . Looking for it to hold these gains while macd is green ... 50/200 moving avg at these levels looks good. good luck
Posts: 660 | From: california | Registered: Nov 2005
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