Breaking Investors Alert for Wednesday: ARWD! July 22, 2009
NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall Street Capital Funding.
WESTON, FL -- (Marketwire) -- 07/22/09 -- Wall Street News Alert's "stocks to watch" this morning are: Arrow Resources Development, Inc. (OTCBB: ARWD), JDA® Software Group, Inc. (NASDAQ: JDAS), BJ Services Company (NYSE: BJS) and Schering-Plough Corporation (NYSE: SGP).
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Yesterday after the markets closed, Arrow Resources Development, Inc. (OTCBB: ARWD) announced that it has entered into a Memorandum of Understanding with Four Crystal Funding, Inc. (herein "Four Crystal") and GTherm Inc. (herein "GTherm") for Four Crystal to invest $10,000,000 at a price of $1.00 per share of Arrow common stock.
Arrow has further agreed to have geothermal power plants, employing the GTherm technology, built and operated on its properties in Indonesia. GTherm has agreed to build and maintain up to two hundred 50 mega watt (MW) geothermal power plants using the GTherm technology. GTherm, Inc. has developed an advanced, patent-pending Single Well Engineered Geothermal System(TM) ("SWEGS") that eliminates many of the limiting factors present with current water-based Enhanced Geothermal Systems. The first geothermal Plant will be in Kendari, Southeast Sulawesi for the use of PT. Tiga Daun Nusantara, Arrow's joint venture partner, on the initial plantation site. GTherm technology uses proven components developed and tested at the US Department of Energy and by United Technologies Corporation and is cost competitive with conventional fossil fuel electric power generation technologies.
The site for the initial geothermal 50 MW plant was chosen to coincide with the site of Arrow Resources Development, Inc. and PT. Tiga Daun Nusantara large-scale plantation/farming and ethanol plants in Indonesia. This will be the initial site to showcase the patented technology of the Geothermal Plant as well as provide the energy for the Agriculture and later Ethanol project of Arrow and PT. Tiga Daun Nusantara. The remainder of the energy not utilized by PT. Tiga Daun Nusantara will be sold to PT. Perusahaan Listrik Negara (PLN) to provide an alternative, environmentally friendly renewable energy to the surrounding area which has been plagued with an inconsistent electricity supply.
The stock closed yesterday at Six cents a share.
For an in-depth profile of Arrow Resources Development, visit http://www.wallstreetnewsalert.com/view-company-profiles.php?profile=ARWD_072109.
JDA® Software Group, Inc. (NASDAQ: JDAS) up 34.3% on 4.3 million shares traded.
JDA® Software Group, Inc. is the world's leading supply chain solutions provider, helping companies optimize operations and improve profitability.
BJ Services Company (NYSE: BJS) up 3.6% on 19.3 million shares traded.
BJ Services Company is a leading provider of pressure pumping, well completion, production enhancement and pipeline services to the petroleum industry.
Schering-Plough Corporation (NYSE: SGP) up 3.7% on 15.8 million shares traded.
Schering-Plough is an innovation-driven, science-centered global health care company.
There's some relief at the pump, as retail gasoline prices fell 0.7 cents to $2.458 a gallon, according to auto club AAA, Wright Express and Oil Price Information Service. That's almost a quarter less than last month at this time and far below last year's price of $4.
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This profile is not without bias, and is a paid release. WSCF has been compensated for dissemination of company information on behalf of one or more of the companies mentioned in this release. For current services performed for Arrow Resources Development, Inc. (OTCBB: ARWD), WSCF has been compensated Four Hundred Thousand shares, by a third party, Vincent Kenyon, who is non-affiliated and may hold a significant position in the stock. WSCF holds One Hundred and Forty Thousand of those shares as of this release, but intends to immediately begin selling its shares as this release is being circulated. WSCF may receive additional compensation for extension of its services. Any additional compensation will be disclosed at such time that WSCF is aware of a client's desire to extend the original services. WSCF may have received shares of a company profiled in this release prior to the dissemination of the information in this release. WSCF may immediately sell some or any shares in a profiled company held by WSCF and may have previously sold shares in a profiled company held by WSCF. WSCF's services for a company may cause the company's stock price to increase, in which event WSCF would make a profit when it sells its stock in a company. In addition, WSCF's selling of a company's stock may have a negative effect on the market price of the stock.
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