Barnabus Energy Inc., Rated 'Speculative Buy' Target $3.57 by Investrend Affiliate Beacon Equity Research.NEW YORK -- (Investrend Research Syndicate) Barnabus Energy Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : BBSE BBSE Bull Breeding Soundness Evaluation BBSE Bilateral Breath Sounds Equal (pulmonary examination finding) BBSE Brigade/Battalion Staff Exercise BBSE Ballyboden St. Enda's (Dublin, Ireland) ) has been rated "Speculative Buy" with a price target of $3.57 by Investrend Research affiliate Beacon Equity Research. The report is authored by Senior Research Analyst, Shailesh Dhuri. The full report is available at http://www.beaconequityresearch.com and http://www.investrendresearch.com. In the report Mr. Dhuri writes, "Barnabus Energy recently made a strategic change in its focus and is presently exploring opportunities in the solar energy sector through strategic acquisitions and technology licenses in order to serve lucrative markets in the US and abroad. To the Company's advantage, the much awaited California Solar Initiative The California Solar Initiative program pays incentives to solar photovoltaic (PV) projects in the three California Investor-Owned Utilities service territories. The program was authorized by the California Public Utilities Commission (CPUC) and by the Senate Bill 1 (SB 1): CSI CompuServe, Inc. CSI Commodity Systems, Inc. CSI Commodity Systems Inc. (Boca Raton, FL) CSI Crime Scene Investigation (CBS TV show) CSI Christian Schools International ) program received approval from the California Public Utilities Commission The California Public Utilities Commission (CPUC; also often commonly referred to as simply the PUC) [1] is a state Public Utilities Commission which regulates privately-owned utilities in the state of California, including electric power, (CPUC CPUC California Public Utilities Commission CPUC Current Procurement Unit Cost ). The approval commits a combined $3.2 billion in incentive funds to drive consumers toward solar power over the next 11 years. Barnabus' Suncone solar concentrating technology is projected to be significantly less expensive than competitive solar trough or dish technologies currently used today. The cost to produce a 50 square meter Suncone unit is $6,900, or $139 per square meter. Presently, trough collectors (which are not as efficient as Suncone collectors) cost about $250 per square meter, and dish collectors about $400 per square meter. The lower power cost should spur rapid adoption of the technology and generate significant revenues for the Company." Beacon Equity Research, LLC is a fee-based, comprehensive investment research firm, focusing primarily on the underserved small-cap sector. All Beacon analysts are seasoned industry professionals and adhere to the CFA (Computer Fraud and Abuse Act of 1986) Signed into law in 1986, the CFA was a significant step forward in criminalizing unauthorized access to computer systems and networks. The Act applies to "federal interest computers" that include any system used by the U.S. Institute's (CFAI CFAI Commission on Fire Accreditation International CFAI Central Florida Autism Institute ) stringent ethics and standards of practice guidelines. Beacon Research does not have any investment banking relationships with any of the companies covered. All analysts are compensated prior to performing their investment research and are not compensated in any way based on the future performance of the equities they follow. Both Beacon Equity Research and Investrend subscribe to the "Standards for Independent Research Providers" at http://www.firstresearchconsortium.com, and the research is enrolled for investor-monitoring by the Shareholders Research Alliance (http://www.shareholdersresearch.com). Beacon Research Partners has been compensated $18,000 by Barnabus Energy Inc. for twelve months of enrollment in its research program. Complete information is available at the company's InvestorPower page at http://www.investrend.com/company/list.asp?sPathParam=yes. Investors are advised to read disclosures carefully before trading in the equities of any enrolled company. Anyone interested in receiving alerts regarding Barnabus Energy Inc. research should email editor@beaconequityresearch.com with "BBSE" in the subject line. |
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