WARWICK, RI - January 28, 2014 (Investorideas.com renewable energy stocks newswire) Powerdyne International, Inc. (
OTC:PWDY),
a manufacturing company that builds and leases electrical generation
equipment, today announced that Murphy Analytics LLC, a prominent small
cap
research
boutique led by Patrick J. Murphy has commenced research coverage of
Powerdyne International, Inc. The analyst report is available here:
www.powerdyneinternational.com
The report highlights the fact that energy consumption will
continue to increase (28% in electricity consumption from 2012 to 2040
according to the Energy Information Administration), and there are
"significant opportunity for alternative sources of electricity
generation" such as those manufactured by Powerdyne International, Inc.
The report states:
As a manufacturer of portable, scalable electricity generators
powered by natural gas (as well as other fuels), PWDY is targeting a
market in which large scale economic trends are creating significant
opportunity for alternative sources of electricity generation to be
consumed by a wide range of potential municipal, industrial and
commercial clients
About Powerdyne International, Inc.:
Powerdyne International, Inc. is a manufacturing company that builds and leases electrical generation equipment including its own portable electrical
power generation equipment called PDIGenset (which is patent and trademark pending).
PDIGensets are designed to be installed at virtually any location.
The genset is leased and maintained by PDI. Although the company's
target customer will typically use its PDIGenset to produce its own
primary electrical power, it can be used for emergency back-up power
generation and is useful in any situation where reliable power is
needed.
PDI is founded on the ability to produce primary electrical power
using proprietary technology to power electrical generation equipment
which makes electricity cheaper than existing means of producing primary
electric power. PDI expects that the difference between its cost of
generating electricity over its customer's current cost will result in
substantial savings to the customer.
For more information on Powerdyne International go to:
www.PowerdyneInternational.com
This release may contain "forward-looking statements" that are
within the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. These forward-looking statements reflect the
Company's current expectations about its future plans and performance,
including statements concerning the impact of marketing strategies, new
product introductions and innovation, deliveries of product, sales,
earnings and margins. These forward-looking statements rely on a number
of assumptions and estimates which could be inaccurate and which are
subject to risks and uncertainties. Actual results could vary materially
from those anticipated or expressed in any forward-looking statement
made by the Company. Please refer to the Company's most recent Form 10-K
and subsequent filings with the
Securities and Exchange
Commission for a further discussion of these risks and uncertainties.
The Company disclaims any obligation or intent to update the
forward-looking statements in order to reflect events or circumstances
after the date of this release.
Contact:
Powerdyne International, Inc.
contact@powerdyne.org
More from the Report:
Powerdyne International, Inc. – January 22, 2014
PWDY Products Target Opportunity Created by a Convergence of Fundamental U.S. Economic Market
Dynamics
Select
Stock Trading Data
Recent Stock Price $0.0126
Shares Outstanding: 195.42 million
Float 28.77 million
Recent Market Cap: $2.46 million
52 Week Range: $.007 - $0.20
Exchange: OTCBB
Ticker: PWDY
URL:
http://www.powerdyneinternational.com/
Data sourced from Yahoo! Finance; otcbb.com; Company filings
Powerdyne International, Inc
is a development stage manufacturing company that builds and leases
electrical generation equipment including its own portable electrical
power generation equipment called PDIGenset (which is patent trademark
pending). PDIGensets are designed to be installed at virtually any
location. The genset is leased and maintained by PDI. Although the
company's target customer will typically use its PDIGenset to produce
its own primary electrical power, the genset is designed to be useful in
any situation where reliable power is needed. PDI is founded with the
objective to produce primary electrical power using proprietary
technology to power electrical generation equipment which makes
electricity cheaper than existing means of producing primary electric
power. PDI expects that the difference between its cost of generating
electricity over its customer's current cost will result in substantial
savings to the customer.
PWDY's initial product is the PDIGenset (patent pending) which is a
self-contained generator that is powered by a modified radial air
cooled engine to drive a minimum of a 1-megawatt generator. The entire
unit, which runs on natural gas or propane, is compact, lightweight and
clean burning. As a result, the unit will produce extremely low
emissions and is designed to be extremely energy-efficient. PWDY has
recently completed a fully operational factory Series 2 prototype, which
has been tested and is ready as a demonstration unit. This unit is
available for any prospective customers to view in full operational
capacity. In addition, the Series 2 prototype is ready to be
manufactured for customers upon placement of customer orders.
PWDY plans to manufacture, install, maintain and lease its own
portable electrical power equipment. The Company plans to manufacture
portable electrical power equipment intended to be installed at client
locations. The Company will own, maintain and lease the equipment to the
customer who will use it to produce its own supplemental electrical
power. The Company's products are intended to be portable, easy-to-use
units that can be conveniently redeployed in various locations around
the world. The Company's units can also be assembled and combined to
produce power centers providing up to 50 megawatts of power. The
Company's headquarters are located in Warwick, Rhode Island and operates
a manufacturing facility in Massachusetts. The Company will market its
products in locations where inexpensive electrical power is needed and
clean energy powered electrical equipment is needed and/or required.
As forecast in the U.S. Energy Information Administration's (EIA)
recently released Annual Energy Outlooki, factors such as economic
structural changes, higher electricity prices, mandated environmentally
friendly standards, and improved efficiencies are expected to slow the
rate of growth in electricity consumption. However, from 2012 to 2040,
the EIA still expects an increase of 28% in electricity use which is
forecast to grow from 1.8% of GDP currently to 2.4% of GDP in 2040.
While it seems reasonable to expect that electricity demand will
create market opportunity for PWDY products, it's also important to
consider what may happen to price and demand for the fuels that power
those products. The following conclusions from the EIA report address
the outlook for natural gas in particular:
- "Growing domestic production of natural gas and oil continues to reshape the U.S. energy economy...
- With continued growth in shale gas production, natural gas becomes
the largest source of U.S. electric power generation, surpassing coal
by 2035, and boosting production and natural gas consumption in
manufacturing.
- Strong growth in domestic natural gas production supports
increased exports of both pipeline and liquefied natural gas. With
strong growth in domestic oil and gas production, U.S. dependence on
imported fuels falls sharply..."
While an increase in the use of, and demand for, natural gas for
electricity generation, transportation and industrial uses would seem to
imply that prices must increase, the EIA cites massive expected
increases in shale gas production as a driver for keeping prices low.
With 2012 U.S. dry natural gas production estimated at approximately 25
trillion cubic feet in 2012, the EIA expects U.S. production to surpass
100 trillion cubic feet by 2040, with shale gas accounting for
approximately half of that production resulting in modest expected
increases in natural gas prices enabling the U.S. to remain a net
exporter of petroleum products.
With both increasing electricity demand and stable fuel prices as
positive macro trends for PWDY products, the Company also is targeting a
market in which changing fundamentals create opportunity as well. As
characterized by David Crane, CEO of NRG Energy (NYSE: NRG), which
generates 47,000 megawatts from solar, wind, fossil and nuclear sources -
enough to support almost 40 million homes, changes in power production
and consumption driven by distributed generation in particular represent
"a mortal threat to the existing utility system."
Read the full report and disclaimers and disclosures at
http://www.powerdyneinternational.com/files/pdf/pr/pwdy_1-22-2014.pdf
Investorideas.com Disclaimer/ Disclosure : The Investorideas.com
newswire is a recognized news source and publisher of news and research.
Our sites do not make recommendations, but offer information portals to
research news, articles, stock lists and recent research. Nothing on
our sites should be construed as an offer or solicitation to buy or sell
products or securities. This site is currently compensated by featured
companies, news release submissions, content marketing and online
advertising. All investment involves risk. More info:
http://www.investorideas.com/About/Disclaimer.asp
Disclosure: Investorideas has been compensated by PWDY two thousand for news publication and content publishing for one month.
BC Residents and
Investor
Disclaimer: Effective September 15 2008 - all BC investors should
review all OTC and Pink sheet listed companies for adherence in new
disclosure filings and filing appropriate documents with Sedar. Read for
more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors
please refer to your regulation regarding trading foreign securities.
Posts
