Pennystockgeeks Alert- Wtct (watchit Technologies) 0007 Cents

Jan. 3, 2011 - PRLog -- Oil Prices Are Surging. Could WTCT Be The Next " OIL RUSH"  Type Play? Major Accumulation is about to take place. Don't Miss out before the Explosion!!!

WTCT (Watchit Technologies) .0007 cents

Share Structure
Market Value1 $413,066 a/o Dec 27, 2010
Shares Outstanding 590,093,993 a/o Nov 18, 2010
Float 246,388,817 a/o Aug 16, 2010
Authorized Shares 1,500,000,000 a/o Aug 09, 2010
Par Value 0.001

Website: http://www.watchittech.com Phone: 828-483-4131 begin_of_the_skype_highlighting 828-483-4131 end_of_the_skype_highlighEmail: info@watchittech.com

WatchIt Technologies is an alternative "incubator" for developing and emerging "Green Technology corporations. Our focus is on strategies that are structured to mitigate risk and produce returns in all market environments.
Originally founded in 1968 WatchIt Technologies, then Evans Systems, was heavily involved in the energy industry. Its current investment/development strategy is 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". As economic times become more troubling we plan to emerge as one of the most active participants in the "Green" arena.
With over 100 years of senior management experience, WatchIt Technologies brings vast experience in both the public and private arena. Our team has extensive experience in the areas of corporate management, finance, product development, alternative energy, product research and market launch. While utilizing a stringent system of due diligence and vetting, WatchIt Technologies helps insure that partner companies are geared for success. Companies that become a part of the WatchIt "family" are given extensive consultation in finance, marketing and sales. Where needed and desired, WatchIt Technologies management can take short term leadership positions in the company and provide them with additional financial and management resources as well as on-going strategic counsel.
WatchIt Technologies Explains How the Patent Pending Fuel Reformer Functions

What Is WatchIt Technologies' Fuel Reformer? Why Is the Company So Excited?

ARDEN, NC, Dec 28, 2010 (MARKETWIRE via COMTEX) -- WatchIt Technologies Inc. (PINKSHEETS: WTCT) WatchIt Technologies' Air Pure Division announced today an explanation of how the patent pending fuel reformer functions. The device, in the simplest explanation, is mounted in the fuel line between the gas tank and the fuel rails (where the fuel enters the engine). Fuel flows through the device and is "reformed" using patented technology. This reforming process essentially makes the fuel able to burn more completely. Reformed fuel is then introduced into the engine as usual. This "higher efficiency fuel" directly yields more miles per gallon (MPG), while exhaust emissions are reduced correspondingly. The device also reduces wear and tear on the engine due to a more complete burn of the fuel. Accomplishing this produces less contaminants in the engine's lubrication which can coat engine parts with harmful substances. Less adulterants in an engine's lubrication results in longer engine life and potentially fewer oil changes. The current fuel reformer is still performing to standard despite over 80,000 miles of use.

According to Robert Ryon, President and CEO of Air Pure Systems, "The Fuel Reformer is not only applicable to the auto industry, but has tremendous value for agriculture, over the road trucking, maritime, power generation, home heating, and possibly the aircraft industry. As can be envisioned, based on our most recent test results, the possibilities are almost limitless. We anticipate a detailed process of research and development, testing for safety, and then production, but our Fuel Reformer has so many possibilities and revenue-producing business models, that we remain ecstatic about our future."

8k released nov 2010

Dr. Max L. Bennett, President and CEO of WatchIt Technologies, remarked, "If you look at the Macro impact of a device like the Fuel Reformer, it could have a tremendous effect on global economic issues. In the US, it could reduce the amount of foreign oil that is imported as well as reduce the out of pocket expense for purchasing gasoline and diesel fuel. The ripple effect could translate into a reduction in the cost of transporting goods and also reducing the cost of producing our food supply. Carrying it further, this reduction in the import of foreign oil could also have a definitive impact on Homeland Security. The last broad area of impact is the positive effect on the environment. With a reduction in tail pipe emissions, the 'fuel reformer' could potentially lead the way in helping to clean up the environment. As can be seen, it is truly an exciting technology."

About 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.

Safe Harbor Act: Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.

Website: HYPERLINK "http://www.watchittech.com" Follow us on Twitter: HYPERLINK "http://twitter.com"
Contact:
Investor Relations
1-828-483-4131 begin_of_the_skype_highlighting 1-828-483-4131

SOURCE: WatchIt Technologies Inc Copyright 2010 Marketwire, Inc., All rights reserved.
-0- SUBJECT CODE: Automotive:Cars
Energy and Utilities:Alternative Energy
Transportation and Logistics:Trucking
Professional Services:Other Professional Services

Professional Services:Consulting

Subscribe for Email Alerts: www.pennystockgeeks.net
Follow us on Twitter @ www.twitter.com/
pennystockgeeks
Email : info@pennystockgeeks.net
Blog:    www.pennystockgeeks.blogspot.com


Disclaimer: All of our penny stock Alerts and Picks mentioned are intended for informational purposes as per Due Diligence only and not intended as an offer to buy or sell securities. We are not Licenced security professionals nor can we offer investment advice on wether to buy or sell any of the securities mentioned in our newsletters. PennyStockGeeks is not liable for any loss or damages you may have received as a result of any securities purchased or mentioned through our communicational efforts. We may or may not have shares in any of the company's profiled in our newsletters. PennyStockGeeks is NOT Compensated for any current or past promotions in anyway. Investing in PennyStocks has a high risk factor and may cause you to lose some or all of your investment. Never invest in PennyStocks with money you cannot afford to lose. Please invest wisely after performing your own Due Diligence as well.

# # #

Welcome to PennyStockGeeks. We work hard to find you extremely undervalued pennystocks poised for explosive gains and no we are not just talking about 100% and 200% but 1,000% and more! Subscribe for Free Email Alerts today @ www.pennystockgeeks.net