A penny stock - ALKN that is about to take off!

I know... another damn person touting and pumping another penny stock. Well BULLSHIT! This company has just signed a multi- million dollar contract with a South Korean company to sell their diesel fuel additive.

I am from Baltimore and have some good insight with this local company. They are about to land more large contracts and this news is coming out in next few weeks.


Alkane to Distribute Monster Diesel in South Korea
7:34a ET December 9, 2010 (Business Wire)
Alkane, Inc. (Pinksheets:ALKN) is pleased to announce that it has entered into an agreement to distribute Monster Diesel(TM) in South Korea. The agreement grants Mervita, LLC. exclusive distribution rights of Monster Diesel(TM) in South Korea for five years. As part of the agreement, Mervita, LLC. has committed to purchase a minimum of $11.5 million of Monster Diesel(TM) over the next five years. They have initially purchased $50,000 of Monster Diesel(TM), which is scheduled to ship to Mervita, LLC. by the end of December.
Mervita, LLC. tested Monster Diesel(TM) on 100 diesel vehicles in South Korea and noted results of an average of 9% increase in fuel mileage. Monster Diesel(TM) decreases total emissions by 23%, reduces raw hydrocarbons by 10.2% with a 38% reduction of soot, altering common diesel air pollution into a more environmentally friendlier diesel.
Mervita, LLC. becoming the first international distributor of Monster Diesel(TM) is happening at the perfect time. This past weekend, President Obama announced a newly sealed trade deal with South Korea as a landmark agreement that promises to boost the domestic auto industry, the largest since the North American Free Trade Agreement with Canada and Mexico in 1994.
With a population of 33 million, South Korea is a prime location to internationally launch the Diesel Fuel Additive Monster Diesel(TM). South Korea is a gateway to Japan, the World's second largest economy, and three out of four of the rapid growing BRIC countries.
"We have very strong confidence that Monster Diesel will be a success in Korea due to both its environmental and economic benefits. We look forward to cooperating with Alkane to advance the technology and its marketability in Korea through further testing and business development," said Dr. Haengwoo Lee, Ph.D. CEO of Mervita, LLC.
Dr. Mathew Zuckerman, Ph.D., President and CEO of Alkane, Inc. said, "Our plan for Monster Diesel(TM) has always been to expand distribution internationally, and we are proud to accomplish entry into international markets ahead of schedule."
About Alkane, Inc.
Alkane, Inc. is dedicated to the development of a family of alternative fuels and additives, which, collectively, will contribute to a solution to the global energy crisis. Additional benefits of Alkane, Inc.'s product offerings include positive environmental impact through the reduction of harmful emissions and reduced vehicle operation and maintenance costs. Monster Diesel(TM), flagship product of Alkane, Inc. is a patent pending high energy "green" alternative fuel additive which boosts diesel fuel's quality to premium levels and is designed for use in any diesel powered motor.
Forward Looking Statements:
This press release contains certain forward-looking statements. Investors are cautioned that certain statements in this release are "forward looking statements" and involve both known and unknown risks, uncertainties and other factors. Such uncertainties include, among others, certain risks associated with the operation of the company described above. The Company's actual results could differ materially from expected results.
Visit Monster Diesel(TM) on Facebook or follow on Twitter for more product information, news and analysis, and information on how to order Monster Diesel(TM) and branded products.
Monster Diesel(TM) and the logo are trademarks and are property of Alkane, Inc.
SOURCE: Alkane, Inc.

Just a note Orange County Choppers built a first ever diesel chopper to launch their Monster Diesel fuel product line.

After the OCC reality showing airing of the Monster Diesel chopper to promote ALKANE's Monster Diesel fuel additive this stock blew up to 65 cents, Only problem is they were not profitable yet and had not landed any contracts. Companies like this South Korean company needed a good 6 months to test to see if this product worked. WELL INVESTORS GOT impatient and sold.

Well fast forward 8 months and the TEST RESULTS ARE IN!!! First major multi-million dollar contrcat with I PREDICT others to follow in next couple of weeks.

This will get back to 30+ cent range very soon

Looks like this is the 4th day in a row we are in the green. The following is the link for their facebook http://www.facebook.com/pages/Monster-Diesel/92684456057

looks like a pure and obvious pump and dump...although i will say I actually like this one a bit as far as trying to play the pump as it looks like it may be in the early stages of the pump....

just be sure you get out before the next dump comes....

the company can't even get a functional website guess they'll just pump via facebook and twitter....

tiznow said:

looks like a pure and obvious pump and dump...although i will say I actually like this one a bit as far as trying to play the pump as it looks like it may be in the early stages of the pump....

just be sure you get out before the next dump comes....

the company can't even get a functional website guess they'll just pump via facebook and twitter....

Click to expand...

I called them today about the website and the web hosting company they where using went out of business so they had take time and research a new one and tranistion over. It definately came at the wrong time because after the South Korea deal i suspect they had alot new investors looking to check out their website. Last run up they had the POS went from 2 cents to 60 cents in a few days. It was crazy. This run up will be aliitle more steady. Trading Volume has been on a steady climb. Your right thou, this will have a good pop it would be rude not take some profit out. But talking to people in baltimore I think we are soon to see a few more deals come through. good luck, definately a stock that you can play and make some cash.

Selling at Citgo's in Baltimore.

http://www.tractorbynet.com/forums/...545-monster-diesel-fuel-additive-anybody.html

discussion of it back when it was getting alot of press being on american choppers with the pump a dump

you can find others searching around

overall it just seems like a run of the mill diesel additive (that functionally is of little to no use) being marketed in a pump and dump form for the sake of them distributing their stock to suckers at elevated prices.....

long term future hopes very slim....but like i said you might have caught it the early stages of the pump phase so i give you some credit for that.....

most of the pump a dumps that show up on internet forums usually get hyped after a huge run and near the dump phase

This caused all of the hype during their first run up to 65 cents. Obviously this time around it will be alittle more sustainable. Multi miilion dollar deals dont happen often in pinky land so I think the increased trading Volume on this and other solid news will definately make this run for a bit. Great entry point at 2 to 3 cents. I think this will into the teens and at that point pull some back. Lets make some profit!

tiznow said:

http://www.tractorbynet.com/forums/...545-monster-diesel-fuel-additive-anybody.html

discussion of it back when it was getting alot of press being on american choppers with the pump a dump

you can find others searching around

overall it just seems like a run of the mill diesel additive (that functionally is of little to no use) being marketed in a pump and dump form for the sake of them distributing their stock to suckers at elevated prices.....

long term future hopes very slim....but like i said you might have caught it the early stages of the pump phase so i give you some credit for that.....

most of the pump a dumps that show up on internet forums usually get hyped after a huge run and near the dump phase

Click to expand...

What do you think of the South Korean deal? They tested the stuff in 100 diesel vehicles and where impressed enough with it to enter into agreement to purchase at least 11.5 million of product over the next 5 years. Someone in the company has some connections.

just cause they can sell 11 million worth of it to somebody in south korea doesn't mean the company's shares have any long term value.....

that's how pump and dumps worth...people think well the stock is a penny...and they just got a 11 million deal.....wow i should ride this it could go to the moon...when nobody thinks about the fundamentals behind the company....

what are the margins, is there any long term viability....

fuel additives have a market...but i doubt this is something that beats the hell outta everything out there....just seems like they make ridiculous claims and slip american choppers a check to hype it and such....as the insiders dump their shares as its pumped up

also when you understand the south korean setup you understand things more...

the south koreans "buying it" are a distributor....so they "test" it...or in other words hype it.....they have a vested interest to make it sound better than it is...as they are turning it over and are the middle man selling it in the south korean market.....

Good points. I think its the only diesel additive that I know on the market. Its unique in that is not competing against your dozens of regular gas additives on the market. Is it a gamble? hell ya. Is at these prices.. I dont think so! With watching this for over a year now its definately at the bottom. Its tough to get the info your asking for on a pinksheet company. Right now I know they sell it domestically to over 1000 stores and local Baltimore Citgo stations.

Good volume today at 1.65 million shares traded, closed up 9% at .024. High of .030 and low of 0.020. Ok so we have seen three straight days in the green.

Selling product at Napa in Maryland

Closed in the green for the 5th day in a row. .026 on very thin trading. No Volume today, not a whole lot of buyers and sellers wanting to do much today.

They sponser Nascar.

Closed in the green for the 6th straight day on low Volume. .03 Could get news with launch of new website either Friday or early next week! This thing is going run fast. Small chunks of buys today, people accumulating. Buys out number Sells 2 to 1.

Closed at .025 after six days in th green. We should see the new look webiste this week and more possible big news, I think we the 4 cent range this week. Does not take much!