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CLBN Caliber Energy Inc New (CE)

0.000001
0.00 (0.00%)
31 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Caliber Energy Inc New (CE) USOTC:CLBN OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.000001 0.00 01:00:00

Wall Street News Alert Reports Tuesday's Stocks to Watch: CLBN! March 17, 2009

17/03/2009 1:33pm

Marketwired


Caliber Energy (CE) (USOTC:CLBN)
Historical Stock Chart


From Jun 2019 to Jun 2024

Click Here for more Caliber Energy (CE) Charts.

Wall Street News Alert's "stocks to watch" this morning are: Navajo Wind Energy Corp. (PINKSHEETS: CLBN), American International Group, Inc. (NYSE: AIG), Wal-Mart Stores, Inc. (NYSE: WMT) and MetLife, Inc. (NYSE: MET).

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Having announced last week it has received a letter of intent to finance its 200 MW wind farm project, and with additional breaking news just released, Navajo Wind Energy Corp. (formerly Caliber Energy Inc) (PINKSHEETS: CLBN) should have investors watching closely. Early this morning, the company, a renewable energy company focused on creating electricity from the power of wind, issued a press release announcing that it has engaged Mr. Oliver Stiles as Senior Vice President, Finance.

Mr. Stiles has over 20 years of professional experience in finance, strategy, accounting, and administration, as well as internal and external compliance. He currently works as a business advisor and consultant leading the way in developing strategic plans for several startup companies involved in the biotech and renewable energy industries. Previously, Mr. Stiles served as executive vice president and chief financial officer at Nonthaburton Group, Inc., from 1995 to 2003, where he was responsible for overseeing the entire spectrum of the day-to-day financial activities of the company.

"We are very excited that Mr. Stiles has decided to join our company. As we continue to grow, we need executives with significant expertise in corporate finance and in communicating with the investment community. We have confidence in Mr. Stile's proven abilities and look forward to a dynamic and rewarding relationship with him," said Mr. Barry Doyle, CEO of Navajo Wind Energy. "The whole management team has very high expectations that Mr. Stiles will be a tremendous asset to our company."

Last week the Company also reported that it has received a letter of intent to finance its 200 MW wind farm project located in Xinjiang, China. According to the press release, the value of the 200 MW project is in excess of US$450,000,000. As previously announced, Navajo has come to a terms agreement with Mingchuang Energy Manufacturing Co. Ltd. to create a joint venture partnership on projects located in China. Both companies have agreed to begin their relationship starting with the Xinjiang wind farm project.

"With this funding commitment that is now in place, we will be able to complete all of our project goals by 2010," stated Barry Doyle, CEO of Navajo.

The stock closed yesterday at around Three cents a share.

For an in-depth profile of Navajo Wind Energy, visit http://wallstreetnewsalert.com/view-company-profiles.php?profile=CLBN_031609.

American International Group, Inc. (NYSE: AIG) up 66% on 285.7 million shares traded. American International Group, Inc. is a world leader in insurance and financial services, is the leading international insurance organization with operations in more than 130 countries and jurisdictions.

Wal-Mart Stores, Inc. (NYSE: WMT) down 0.7% on 16.3 million shares traded. The company and its Foundation are committed to a philosophy of giving back locally. Wal-Mart is proud to support the causes that are important to customers and associates right in their own neighborhoods.

MetLife, Inc. (NYSE: MET) up 8% on 29.7 million shares traded. MetLife, Inc. is a leading provider of insurance, employee benefits and financial services with operations throughout the United States and the Latin America, Europe and Asia Pacific regions.

Market Commentary:

The Dow ended slightly down ending what would have been otherwise a fifth straight session in positive territory. However, analysts said Monday's pullback after a four-session surge didn't necessarily signal that traders were reconsidering their newfound optimism about financial stocks.

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Wall Street News Alert is a division of Wall Street Capital Funding LLC (WSCF). WSCF also maintains a contractual, working relationship with Stock Market Alerts LLC and its' Wall Street Enews brand. WSCF is not a registered broker/dealer and may not sell, offer to sell or offer to buy any security. WSCF profiles are not a solicitation or recommendation to buy, sell or hold securities. An offer to buy or sell can be made only with accompanying disclosure documents from the company offering or selling securities and only in the states and provinces for which they are approved. The material in this release is intended to be strictly informational. The companies that are discussed in this release have not approved the statements made in this release nor approved the timing of this release. All statements and expressions are the sole opinion of WSCF and are subject to change without notice. Information in this release is derived from a variety of sources including that company's publicly disseminated information, third parties and WSCF research. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. WSCF disclaims any and all liability as to the completeness or accuracy of the information contained and any omissions of material fact in this release. The release may contain technical inaccuracies or typographical errors. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. Investment in the securities of the companies discussed in this release is highly speculative and carries a high degree of risk. WSCF is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment if they make a purchase in WSCF profiled stocks.

This profile is not without bias, and is a paid release. WSCF has been compensated for dissemination of company information on behalf of one or more of the companies mentioned in this release. For current services performed for Navajo Wind Energy Corp. (formerly Caliber Energy Inc.) (PINKSHEETS: CLBN), WSCF has been compensated Four Million shares, by a third party, NorthStar Capital Corporation, who is non-affiliated and may hold a significant position in the stock. WSCF holds One Million, Nine Hundred Thousand of those shares as of this release, and intends to immediately continue selling its shares as this release is being circulated. WSCF may receive additional compensation for extension of its services. Any additional compensation will be disclosed at such time that WSCF is aware of a client's desire to extend the original services. WSCF may have received shares of a company profiled in this release prior to the dissemination of the information in this release. WSCF may immediately sell some or any shares in a profiled company held by WSCF and may have previously sold shares in a profiled company held by WSCF. WSCF's services for a company may cause the company's stock price to increase, in which event WSCF would make a profit when it sells its stock in a company. In addition, WSCF's selling of a company's stock may have a negative effect on the market price of the stock.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and WSCF undertakes no obligation to update such statements.

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1 Year Caliber Energy (CE) Chart

1 Year Caliber Energy (CE) Chart

1 Month Caliber Energy (CE) Chart

1 Month Caliber Energy (CE) Chart