LevelStock.com: Stock Alert and Report for NuEarth Corporation NUEC.PK

As of yesterday the 10 day avg was around 40K daily. Yesterdays price opened at .07 and had a very nice day in terms of both volume and PPS and we think that is just the beginning. Hitting a HOD of .145 and closing at .13 representing an 8.33% gain on the day and doing slightly under 100K in volume. NuEarth is a company dedicated to bringing to market "Clean Solutions to Complex Problems" by offering a wide range of biodegradable, environmentally friendly products and technologies that will substitute for many of the hazardous chemicals commonly used all over the world. For information about NuEarth and its product offerings visit us on the web at http://www.nuearthcorp.com

On March 30th, 2010 They announced that the company's Laboratory and Research Division, "TerraSolv SA", has received final approval for Phase Two of their long term contract with the Nigerian National Petroleum Corporation (NNPC) and their subsidiary the Integrated Data Services Limited (IDSL). This represents an additional $1.3 Million of laboratory services revenues for the next two months.

"TerraSolv SA can now more aggressively continue developing complex environmental models for ongoing reclamation projects over the next few months for NNPC and IDSL. This engagement dramatically expands on our many years of experience in organic chemistry and polymer development. With this expansion our state-of-the-art facility is poised to further assist our international client base with research and development services in addition to our own internal R&D. This contract magnifies the working envelope and capacity of the TerraSolv laboratory by establishing beachheads into numerous secondary industries. The petroleum remediation industry alone is estimated to be $360 billion in size of which $112 billion is estimated to be design, analysis, engineering and pre-remediation services," said Wolfgang Hunterbok, senior Analyst for TerraSolv SA.

"Our state-of-the-art environmental modeling programs were critical in the establishment of this long-term relationship; as they provide our clients with real-world data in a real-world setting. As one of the world's largest production companies of petroleum products, NNPC requires a comprehensive analysis tool for their geoscientists and engineers to optimize decision-making. We are excited to have this opportunity to forge a long term relationship with NNPC as they begin to develop remediation and redevelopment strategies for the coming years," stated Antonio Mussino, General Manager of IT Services for TerraSolv SA.

Then, less than a month later on April 29th, 2010 NUEC announced that it has expanded its commitment to the North American market by entering into an agreement to purchase a 65,923 sq. ft. manufacturing facility in Alliance, Ohio, for the establishment of a permanent distribution and manufacturing facility. The facility is located on approximately 5.6 acres of land.

"As NuEarth expands its operations in the United States, the need for a centrally located manufacturing and distribution facility for the AquaSolv product line will be a critical stepping and milestone for our growth," said Steve Young CEO of NuEarth. "I'm excited to be extending our commitment to our employees - and future employees - and the community by establishing our long-term presence in the Heartland and 'Farm-belt' of America."

The facility will provide NuEarth Corporation with easy access to major roads like U.S. 62, I-76, I-77 or I-80, which are within 1 mile from the loading docks of the building. Rail access will be provided by Norfolk Southern Corporation's Cleveland Lines that is located directly bordering the property to the West and provides a third rail line spur directly onto the property. In addition, Alliance, Ohio, is the main intersection of the Fort Wayne and Cleveland lines bringing both major North/South and East/West traffic through the city. Sea transportation is available to the facility less than 50 miles to the North at the major Great Lakes Seaport of Cleveland, Ohio. International air transportation is available from the 4 major international and regional airports less than 60 miles from the facility (Akron Fulton International; Akron Canton Regional; Greater Pittsburgh International; and Cleveland Hopkins International).

And their latest PR released April 30th, NUEC went on to announce that it has received final approval on the first large scale contract for AquaSolv for a minimum of $650,000 in first year sales with Jasper Agro Development of Bolivia for the usage of the all-natural AquaSolv product line as a Pesticide Carrier and Adjuvant.

"This agreement is the first follow-on contract after the successful completion of the onsite laboratory and live field testing for the use of the all natural and biodegradable AquaSolv in the Americas as a pesticide carrier and adjuvant. Like all of our contracts, this is a multi-year sales agreement. Our contract with Jasper Agro Development has a minimum first year sales volume of $650,000 with subsequent four (4) years having a similar minimum order with inflation and operational cost increases built into the agreement. The total contract value is worth $3.25 million USD over five years," said Alfon Rosalini, Senior Vice President of NuEarth.

The market for carrier oils and adjuvants in pesticide formulations is estimated by the USDA in excess of $160 million in the USA and more than $528 million worldwide. The use of carrier oils includes mineral oil, diesel oil and vegetable oils. The use of diesel oil and mineral oils, even at the relatively low levels used in agricultural applications, is a source of environmental and public concern. "If AquaSolv is capable of capturing 1% of the global market it would represent more than $6.88 million in annual sales for NuEarth Corporation in this Industry. Replacement of petroleum-based oils by AquaSolv is a potential growth market opportunity for NuEarth as petroleum oil prices continue to escalate, and petroleum contamination and poisoning remain a major health concern," said Alfon Rosalini, Senior Vice-President of NuEarth.

In agricultural use, AquaSolv is readily biodegradable and low in toxicity to both humans and non-targeted wildlife, providing both a worker-safety and environmental advantage. "Support for use of AquaSolv over petroleum products should find wide favor, especially among farmers," said Steve Young, CEO of NuEarth.

"Our Laboratory staff at TerraSolv have been field-testing AquaSolv, as a carrier for pesticide, under real world conditions over the last six months in South America and in Central America in cooperation with the Avalon Group with dramatic results," said Steve Young, CEO of NuEarth. The use of AquaSolv has been proven to be a direct substitute for petroleum spay oils and surfactants. AquaSolv has also been proven to improve the efficiency of some pesticides in field trials.

TerraSolv is a state-of-the-art development and testing lab, which collects data from clients around the world to run projects simulations ranging from usability, capacity, spread and weather modeling testing. The heart of the laboratory is a 160-gigabyte database of environmental and agricultural project records running on six HP servers and two Novell servers storing the data and running the modeling software.

THIS IS HUGE NEWS in a short time showing that this company is the real deal and is heading to some great heights!!! The 52 week high on this is 1.90. If we saw half that this is a no brainer that huge profits can be made. Dont miss the bus on this one!!! You have been told!!! HAHAHA!!!

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