Oct. 25, 2010
-- WTCT up 73% on News
WatchIt Technologies, Inc. (WTCT.PK)
WatchIt Technologies Inc. (Pinksheets:
WTCT ) An alternative "incubator" for developing and emerging "Green Technology" corporation announced today that its Board of Directors has agreed to fund the additional research and development of non-gasoline (diesel, etc.) versions of the "fuel reformer." According to a company spokesperson, the company has received serious inquiries from an international corporation to provide them with a prototype version of a diesel fuel reformer that could be used with a variety of non-gas vehicles. http://thestockwizards.net/
Technical Outlook: WTCT had a technical breakout above its 50 day and 200 day moving averages. WTCT has been in a 52-week range of $0.003 - $0.0078 WatchIt Technologies is trading above its daily average volume of 2 million shares and has a very low market cap of 4 million.
About (WTCT) WatchIt Technologies Inc.
WatchIt Technologies is an alternative "incubator" for developing and emerging "Green Technology" corporations. Its focus is on strategies that are structured to mitigate risk and produce returns in all market environments. Its current investment/development strategy is focused on direct investments in small/micro-
cap public companies that have emerging growth and development and are exclusively involved in some aspect of "Green Technology."
It will offer management consultation to companies that meet its strict criteria and vetting process, and align those companies with individuals and financiers to help them achieve their financial goals and objectives.
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