Turning Pennies into dollars: (OTCBB: CPTC), (OTCBB: BVTI), (OTCBB: SLTN).
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Composite Technology Corporation (OTCBB: CPTC) up 5.6% on 2.7 million shares traded.
Composite Technology Corporation, based in Irvine, California, USA, develops, manufactures and sells innovative high performance electrical transmission and renewable energy generation products through its subsidiaries: CTC Cable Corporation & DeWind Inc. On April 16th, the company was pleased to announce the commissioning of ACCC* conductor on a critical main artery transmission line feeding power to the Polish capital city of Warsaw. The order for the delivery of 350 kilometers (218 miles) of ACCC 460 mm2 "Stockholm" conductor and hardware is the first commercial use of ACCC conductors in continental Europe. In a landmark installation, six local contractors worked simultaneously on different sections of a 96 kilometer (60 mile) transmission line over a 30 day period installing the ACCC conductor and hardware. Outage time was limited due to the critical nature of the line.
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Biovest International, Inc. (OTCBB: BVTI) up 20.1% on 1.3 million shares traded.
Biovest International, Inc. is a pioneer in the development of advanced individualized immunotherapies for life-threatening cancers of the blood system. On April 17th, the company announced that a key milestone has been achieved in the Company's mission to gain approval for BiovaxID(R), its personalized anti-cancer vaccine, in a pivotal Phase 3 Fast-Tracked clinical trial for the treatment of indolent follicular non-Hodgkin's lymphoma.
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Solar Thin Films, Inc. (OTCBB: SLTN) up 32.9% on 757,000 shares traded.
Solar Thin Films (www.solarthinfilms.com) develops, manufactures and markets a complete line of manufacturing equipment for the production of "thin-film" amorphous silicon and CIGS photovoltaic ("PV") modules, together with a wholly owned subsidiary based in Budapest, Hungary. On April 17th, the company announced that it has received an order from Grupo Unisolar, S.A. ("Grupo Unisolar") to build a 5MW turn-key a-SI Module thin film photovoltaic manufacturing plant. The facility, which will be based in Spain, will be sold to Grupo Unisolar for an aggregate purchase price of $12,300,000. In connection with the sale of the plant, the Company also agreed to provide certain installation and testing services to Grupo Unisolar. Solar Thin Films CEO, Peter Lewis, stated, "We are delighted to be associated with Grupo Unisolar. Our thin film technology presents a solution that is both cost effective and environmentally friendly."
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