GEVI - Falling wedge broken

GEVI seems to have broken a falling wedge pattern on Friday.

http://onlinetradersforum.com/attachments/sc-jpg.5288/

Most recently they announced that their subsidiary, Southern California Waste Water (SCWW), had obtained an exclusive license that granted them rights to market a treatment known as PetroMaxTech. This treatment is owned by PetroMax. Many are hoping that this new technology will allow SCWW the ability to service that distinct division of their client base which is primarily the oil and gas industry. This treatment is an effective way of meeting their client's needs and also of attracting prospective new clients. PetroMax is known to be a more efficient process and has been known to generate savings of 30% for oil producers and oil refineries that struggle to move thick oil sludge.

Besides this, however, SCWW has also been granted the right to market PetroMax to the shipping industry. Another aspect of this license is the flexibility it will provide the overall oil production method. The process will become much quicker, and tankers will be cleaned in a more efficient time span.

Overall, this new license that SCWW has acquired will allow for GEVI to prosper and to grow financially. The company has shown tremendous growth, and with the current water supply diminishing, the need to clean up our waters has become extremely imperative. It will also generate greater overall margins in comparison to the service-only enterprise they were utilizing before. For example, the margins are much greater with non-hazardous removal, ranging from 5% to 40%. There is a possibility for the creation of a larger network of facilities and the possibility for greater scale and greater future profits.

Currently, GEVI has a share price of 0.23, with a gain of 0.03 on Friday, April 23. With this new technology being utilized, their value and profit margins are likely to increase on a whole. Not only will it help their overall company image to enlighten, it will also allow them to grow as company. During this time last year, the low for this company was 0.58 and the high was 0.75. This time two years ago, they were trading at 1.99. A company like this calls for innovation and technology and that is exactly what they have acquired. They are providing a service that will place them on a different level in terms of business as usual and they are making themselves unique and distinct.

The process will become much quicker, and tankers will be cleaned in a more efficient time span.