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Hello fellow investors / traders,
Something caught my attention late yesterday afternoon that I have to share with you for today.
Take one look at Vencor International Inc (VCOR) right now and I'm sure you'll agree we have a potential winner on our hands.
The daily chart on VCOR is hot -
uptrending beautifully over the past few months with what appears to be
strong support of the 50 day moving average.
In fact, just recently VCOR hit highs of around $0.014, not once but twice.
Now we see a small pullback opportunity which could be the perfect entry before another leg higher.
A move back to these recent highs would give us almost 100% gains.
Vencor International Receives Purchase Order to Produce 3,000 Tons of Bio-Coal
BOULDER, CO--(Marketwired - Jan
15, 2015) - VENCOR INTERNATIONAL, INC. (OTC PINK: VCOR) announced today
that it has received a Purchase Order to produce 3,000 tons of
Bio-Coal.
Bio-coal
is a renewable energy product produced from timber waste using
technology called torrefaction. Torrefaction is a partial carbonization
process at temperatures between 475 - 575°F (200 - 400°C) in a low
oxygen environment. The physical and energetic properties of the biomass
are then much more comparable to conventional coal. The torrefaction
process has the added benefit of reducing or eliminating undesirable
volatiles, such as nitrous oxides and sulfur dioxides in the Bio-coal.
Bio-coal is considered carbon neutral to the environment. The key
property that makes Bio-coal attractive for co-firing in existing
coal-fired power stations is its superior grind ability compared to
untreated or fresh biomass.
Vencor
International is in the business of providing torrefied wood products
to customers around the world. Bio-coal is a special type of torrefied
wood. The current order is for 3,000 tons of Bio-coal and is valued at
approximately $600,000. Vencor is scheduled to start production on this
order for its client, Vega Biofuels, Inc. later this month.
Vencor
recently announced that it had entered into an Agreement to purchase
the exclusive rights to torrefaction equipment manufactured by
Virginia-based Torretherm. The Agreement with Torretherm increases the
Company's production capacity to meet the growing demand for its
torrefied products.
James
Gaspard, CEO of Vencor International, Inc., stated, "The order from
Vega will be the first order we will manufacture using the Torrretherm
torrefaction machine. The Torretherm deal allows us to produce various
torrefied wood products much cheaper than any other torrefaction
technology. We are excited about this deal and look forward to working
with Vega Biofuels to meet their production needs. We anticipated
receiving this order once the testing of our product was accepted late
last year."
About VCOR
Vencor International is in the business of torrefaction - specifically,
torrefied wood pellets as a renewable energy source that can replace
traditional coal in coal-fired power plants.
In an effort to create a real solution for today's power generation,
Vencor International (VCOR) has developed a torrefied wood pellet product that
provides a clean alternative to the growing need of coal- fired power
plants worldwide that is both carbon neutral and has a high energy
output.
Torrefied Wood Pellets
Primarily made from timber waster, this product looks, acts and burns like coal.
VCOR's torrefied wood pellet product is a product that addresses the
growing need of coal firing power plants worldwide, for green energy
that delivers both a carbon neutral and a high energy output solution.
Vencor International's torrefied wood pellet products will accomplish
this feat and more.
Advantages of Torrefaction
Vencor International's torrefied wood pellet product has many distinct advantages:
- Torrefied pellets are an easy replacement for coal in coal-fired power plants.
- Torrefied pellets retain high energy content (90%+), allowing
coal-fired power plants to operate close to their original capacity.
- Torrefied wood pellets are more economical to ship than traditional wood pellets.
- Torrefied wood pellets are moisture resistant.
- Our torrefied wood pellet product meets and exceeds international
green energy standards, providing coal-firing plants worldwide with a
real product that addresses governmental green energy standards and
requirements.
The Future of Torrefied Wood Pellets
As Europe, Asia and the United States enact stricter carbon neutral
standards and requirements, coupled with green energy governmental
subsidies and financial incentives (carrot and the stick approach), on
coal firing plants, the predicted global demand of 70 million tons a
year of torrefied biomass, could in fact, become a reality. Indeed, we
are approximately five years from 2020 and biomass manufacturers are
already seeing increased green energy demand.
Torrefied Wood Pellets are a ready-made, ideal solution to meeting
the demand for a reduction in greenhouse gasses. The torrefaction
process allows for the retention of 90% energy content, incorporates
multiple forms of biomass feedstock from timber and agricultural waste,
small amounts of sulfur, burnt forest fire residue, saw dust residue and
related biomass stock.
Unlike traditional wood pellets, torrefied wood pellets have a higher
energy density, which in turn, makes torrefied wood pellets more
economical to transport. On average, transportation costs are reduced by
40-50% through the torrefaction process in the manufacturing of
torrefied wood pellets.
VCOR has a very bullish chart and we think it could be the real deal, potentially providing us with triple digit short term gains. Please do your own DD on VCOR now so we can be ready to trade at the opening bell.
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