Our new long-term alert, BioHiTech Global (BHTG) has had a solid first week of coverage even after it being a short week. We are already seeing a strong increase in trading volume coupled with solid gains. BHTG recorded its highest volume day ever this week while posting real gains of as much as 20% from the market open on Tuesday (2/21) to the high of the week.
But again it is our strong opinion that this could just be the beginning for BHTG as the Street starts to take notice of their waste management technology, Eco-Safe Digester®. The Eco-Safe Digester® uses aerobic digestion technology to eliminate food waste at its origin. This clean technology uses microorganisms and oxygen to safely and quickly break-down food waste into nutrient-neutral water and discharge it to a standard sewer line. The product could digest roughly 2,400 pounds of food waste daily.
And if you’re just tuning in, look at what has transpired in just a few short weeks:
- Gabelli & Company’s Waste & Environmental Services Symposium
BHTG is the only junior exchange company presenting, all others are NASDAQ or NYSE Listed (and one private). In our opinion this shows the overall commanding presence that BHTG has brought to this sector
- BHTG Appoints Former Walmart Executive As An Independent Member of Its Board of Directors
For over 20 years, Anthony Fuller led the teams which provided both property management and maintenance for Walmart’s global portfolio…Now he serves on the board at BHTG!
- BHTG to Deploy Eco-Safe Digesters at Numerous California Store Locations
California’s Mandatory Commercial Organics Recycling program expanded its reach on January 1, 2017, to include all businesses that generate 4 cubic yards or more of organic waste per week. BHTG’s commercial food waste disposal systems offer a convenient one-step solution for converting food waste into safe wastewater, allowing businesses to expediently meet diversion requirements in a cost-effective manner while achieving greater levels of sustainability.
BHTG’s solutions to help companies manage, analyze, and control how their biodegradable waste is processed could help them capture a piece of an industrial waste management industry that is slated to generate about $1.4 trillion in annual revenue by 2019.
Again, this is just week one of coverage on our new long term alert, BioHiTech Global (BHTG) and with 8-month highs of $5.50, we’ll be watching to see what happens in the days and weeks to come. Heading into this morning, if you missed the initial alert, you can view the entire article here.
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