Trade Alert BBLU:
Shares for Blue Earth Inc. were up as much as 32.1% over where our announced coverage began.
The shares closed at $1.32 which was 32.1% hight than the prior close of $0.999 at the start of the Spotlight coverage. On Friday, the stock traded in the range of $1.20 to $1.40 and 53,396 shares were traded.
Our original announcement on July 13:
Dallas, Texas: StockGuru announces The StockGuru Spotlight for Friday, July 13, 2012. Today’s Spotlights include Blue Earth, Inc. (OTCBB: BBLU) and PCS Edventures.com, Inc. (OTCBB: PCSV).
Blue Earth, Inc. (OTCBB: BBLU), an energy efficiency and renewable energy services company, announced today that it’s wholly-owned subsidiary, Castrovilla, Inc. (“CI”), completed installation of energy efficient Electronically Commutated Motors, Anti-sweat Heater Controls, Evaporator Fan Controls, Gaskets, Door Closers and Strip Curtains in 621 7-Eleven stores located in California, Washington and Oregon. On 7-Eleven’s behalf, CI also secured approximately $1.3 million in rebates from numerous west coast utilities. The utility incentives offset 100% of both the material and installation costs. Consequently there was no out of pocket cost to 7-Eleven who will benefit from anticipated energy savings of approximately $1.2 million per year.
The CI team members, currently d/b/a Blue Earth Energy Management Services™ (“BEEMS™”) are experts in providing corporations, such as 7-Eleven, with comprehensive energy conservation measures that result in long term energy savings and reduced operating costs. The projected energy savings exceed 9 million kWh annually resulting in about $9.5 million in reduced energy expenses over the effective useful life of the equipment.
“While this project has produced the results as anticipated by the utility incentive rebate programs, there are far more potential cost savings in 7-Eleven stores,” stated John Pink, President of Blue Earth Energy Management Services, Inc. “We are proud of the work accomplished with 7-Eleven and applaud their commitment to reducing energy consumption and their carbon footprint.” Blue Earth Energy Management Services, Inc. is a wholly owned subsidiary of Blue Earth, Inc.
For more information on BBLU, please visit: http://stockguru.com/tag/bblu/
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