On our quest to find compelling small cap alt-energy ideas for readers, Greenchek Technology, Inc. (GCHK.OB) was brought to our attention. The company has developed what appears to be a very interesting hydrogen generation and injection technology.
GCHK.OB was recent rated a speculative buy with a price target of $3.42 by
Beacon Analyst, Victor Sula, Ph.D. According to a recent press release noting the availability of the Beacon report, the analyst states “The market for CO2 emissions mitigation is forecast to exceed $500 billion per year… technology solutions such as GCHK’s OHG system that improve engine efficiency have the potential to rapidly garner market share and support triple-digit revenue growth.”
Given the ongoing push towards alternative energy and the recent lofty price target, I’m compelled to take a closer look at GCHK.ob. Check back soon for my take on the company and its prospects for future growth.
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