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    Stock Alert for ACT Clean Technologies Inc. ($ACLH)

    ACT Clean Technologies Inc. (PINKSHEET: $ACLH)

    ACT Clean Technologies Inc. (ACLH) engages in environmental remediation for the purposes of oil-water separation technologies to be used to extract fossil fuels from tar sands projects in Utah and Alberta Oil Sands of Alberta Canada.  Additionally, the Company’s technologies provide solutions for cleanup activities due to environmental disasters involving oil spills and other contaminants.  Formally known as Advanced Clean Technologies, the Company changed its name to ACT Clean Technologies Inc. in 2009. The Company is headquartered in Huntington Beach, California.

    Share Statistics (03-May-10) FY

    2008

    FY

    2009

    %

    Chg

    Q3 2008 Q3 2009 %

    Chg

    Symbol ACLH Revenue, $Mn 0.00 n/a n/a 0.00 0.3 n/m
    Current price $0.0648 Gross marg. n/m n/a n/a n/m 100.0% n/m
    52wk Range: $0.00-0.073 Oper. margin n/m n/a n/a n/m 66.7% -167%
    Avg Vol (3m): 466,066 Net margin n/m n/a n/a n/m -200% 100%
    Market Cap. 11.24M
    Dil. Shares Outst. 9.50M EPS, $ -0.89 n/a n/a -0.201 0.023 -111%

    Source: Reuters.com, SEC Filings.

    Financial Summary

    Financial Strength (03-May-2010) Company Industry Sector S&P 500
    Quick Ratio (MRQ) 0.00 3.33 1.45 0.71
    Current Ratio (MRQ) 0.00 3.65 1.81 0.84
    Long-Term Debt to Equity(MRQ) 4.17 24.23 88.99 142.80
    Total Debt to Equity (MRQ) 100.43 41.17 117.45 204.59

    Source: Reuters.com, SEC Filings.

    Analyst Consensus

    No analyst rate shares of ACLH at this time.

    Analyst Recommendations and Revisions

    1-5 Linear Scale Current 1 Month Ago 2 Month Ago 3 Month Ago
    (1) BUY 0 0 0 0
    (2) OUTPERFORM 0 0 0 0
    (3) HOLD 0 0 0 0
    (4) UNDERPERFORM 0 0 0 0
    (5) SELL 0 0 0 0
    No Opinion 0 0 0 0
    Mean Rating 0 0 0 0

    Source: Reuters.com, SEC Filings.

    Investment Highlights


    Overview

    ACLH engages in environmental remediation for the purposes of oil-water separation technologies that may be used to extract fossil fuels from tar sands projects in Utah and Alberta Oil Sands of Alberta Canada.  Additionally, the Company’s technologies provide solutions for cleanup activities due to environmental disasters involving oil spills and other contaminants.

    According to the U.S. Bureau of Land Management, the Utah Tar Sands area contains an estimated 12 billion to 19 billion barrels of heavy crude oil.  The Alberta Oil Sands contain approximately 170.4 billion barrels of equivalent crude oil reserves, which ranks the Alberta Oil Sands second behind Saudi Arabia in total oil reserves.

    Elevated Fossil Fuels Prices Influence Investment in Oil Sands Production

    Investment flows into oil production projects increase as the price of crude on the spot market increases.  Oil production from oil sands is expensive and is not economically viable at spot oil below estimates that range from a low of US$80 per barrel to a high of US$100 per barrel.

    Despite a slowdown in 2008 and 2009, development of the oil sands is expected to expand as global economic growth continues along with oil demand.  Global production from traditional sources, however, is expected to increase at a slower rate over the same projected period, creating upward pricing pressure of crude for the foreseeable future and greater investment into oil sands projects in North America.

    Market analysts note that the drastic decline in the price of crude in December of 2008 was due to financial institutions and large hedge funds unwinding carry trades to meet client redemptions for the purpose of maintaining liquidity during an abrupt halt in the flow of funds from credit markets, globally.

    Spot prices of oil exploded to US$147 per barrel in late June of 2008, then dropped to US$35 per barrel in December 2008.   Since December 2008, oil has recovered to US$85+ per barrel, with projections of the oil price to cross $100 per barrel by many oil analysts, including former energy adviser under President George W. Bush, Mathew Simmons, of Simmons & Company.

    Correlation analysis reveals as the price of spot oil increases, investment volume into tar sands production increases as well.  ExxonMobile, for example, rapidly increased its investment in oil sand production in recent years through increased stakes taken in Imperial Oil and spending at ExxonMobile Canada.  ExxonMobile reported approximately 2.7 billion barrels of reserves at the close of fiscal 2009.

    Since the demand for energy correlates strongly with overall economic activity, oil prices may continue higher as excess inventories are depleted and diminishing new supplies struggle to satisfy renewed demand sometime in 2010, according to the Energy Information Administration (EIA).

    Technical Analysis

    Source: http://stockcharts.com/h-sc/ui?s=ACLH

    ACLH trades above its 13-day moving average. This bullish sign is significant because the 13-day moving average is upwardly sloped.

    The MACD for ACLH currently indicates a bullish signal.  The MACD is above the signal line, a 9-day moving average of the MACD.  The MACD is above the critical level of 0, which implies the past price action had been positive.  Overall, the chart is bullish.

    Comparative Analysis

    Company Name Ticker Price/ Mrkt. Cap. P/E P/S
    May-03-2010 symbol Share, $ $ Mn 2009 2010 2009 2010
    Bio-Clean International Inc. BCLE 0.0185 1.99 n/a n/a 7.09 n/a
    Enviroxtract Inc. EVXA 0.02 0.01 n/a n/a n/a n/a
    MOP Environmental Sol. Inc. MOPN 0.06 6.73 n/a n/a n/a n/a
    Environmental Remed. Med. n/a n/a n/a n/a
    ACT Clean Technologies Inc. ACLH 0.0648 11.24 0.54 n/a 334 n/a

    Source: Thomson Financial

    Insider Trading Activity

    NET SHARES PURCHSE ACTIVITY

    Inside Purchases – Last 6 Months

    Shares Transaction
    Purchases n/a n/a
    Sales n/a n/a
    Net Shares Purchased (Sold) n/a
    Total Insider Shares Held n/a n/a
    % Net Shares Purchased (Sold) n/a n/a

    Net Institutional Purchases — Prior Qtr to Latest Qtr
    Shares
    Net Shares Purchased (Sold) n/a
    % Change in Institutional Shares Held n/a

    Source: Yahoo Finance

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