LAS VEGAS, June 29, 2009 (GLOBE NEWSWIRE) -- SmallCapSentinel.com has published an exclusive report discussing the proposed American Clean Energy and Security Act of 2009 (ACES), also known as the Waxman-Markey bill, which is making its way through Congress. The article details the potential impact on affected industries in the short and long term, and provides valuable insight for investors.
This information, including a profile of 'green' company Odyssey Oil & Energy, Inc. (OTCBB:OOGI), should be of particular interest to clean energy and battery companies EnerSys (NYSE:ENS), Advanced Battery Technologies, Inc. (Nasdaq:ABAT), Altair Nanotechnologies Inc. (Nasdaq:ALTI), and China BAK Battery, Inc. (Nasdaq:CBAK)
It is available at the link below:
http://smallcapsentinel.com/OOGI
From the report: The bill narrowly passed the House of Representatives by a vote of 219 to 212 on Friday and it will now go to the Senate where most agree that it will face much tougher scrutiny. With each state having equal representation, the Senators from the 25 that rely heavily on coal are likely to vigorously oppose it. Nonetheless, we should have a final verdict in the near future, although the debate will no doubt continue. With so much debate surrounding this bill, how can you invest without knowing the eventual outcome? Regardless of whether this bill passes, some variety of energy bill will eventually pass and I would suggest when that occurs there are plays both short and long term that an investor should consider.
To read the entire report visit: http://smallcapsentinel.com/OOGI
About Odyssey: Odyssey Oil & Energy Inc. (OTCBB:OOGI) is a green technology company with two separate operating entities; Carbon Sequestration and Advanced battery technology. These initiatives take the form of two operating entities called ALG Bio Oil Ltd and H-Power (PTY) Ltd. and are discussed in greater detail in the report linked to above.
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Statements herein may contain forward-looking statements and are subject to significant risks and uncertainties affecting results. SmallCapSentinel.com is property of Integrity Media Inc. (IMI). IMI provides no assurance as to the subject company's plans or ability to effect proposed actions and cannot project capabilities, intent, resources, or experience. The subject companies haven't always approved the statements made in this report. This report is neither a solicitation to buy nor offer to sell securities and is for information purposes only and shouldn't be used as basis for investment decisions. IMI isn't an investment advisor, analyst or licensed broker dealer and this report isn't investment advice. IMI is the beneficial owner of 17,500 shares of OOGI provided by Emerging Markets Consulting LLC, an investor relations consultant to OOGI, for this report and other advertising services. Paid reports constitute a conflict of interest as to IMI's ability to remain objective in communication regarding subject companies.
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