Here Enterprises (HRTE) - Wind Energy Industry Can Meet Commitment
(EMAILWIRE.COM, January 28, 2011 ) Carson City, NV Here Enterprises Inc. (Pink Sheets: HRTE), the growing developer of clean wind energy released further information on its subsidiary Cycle Ranch. The companies subsidiary forms an integral part of its strategy, to break into the lucrative wind energy market, which is growing at a dramatic rate year on year.
The companies strategy got a nice boost Tuesday night when President Obama called for 80% of the countries energy needs should be satisfied by clean energy.
By 2030 wind can be up to 20% of the electric supply all by itself, according to a study by the George W. Bush administration. And it insources jobs and investment into America. That's what our industry is doing to make good on this national commitment to clean energy and economic growth.' said Denise Bode, American Wind Energy Assn chief executive
Cycle Ranch generates revenue from the operation of its motocross racetrack through admission, practice session, race event, camping, bike wash and special event fees. The speedway also generates revenue from sales of food, race apparel, parts, cleaning products and racing fuels. It is also advertised as one of the top five tracks in the country.
Mark Ryun, CEO of Here Enterprises, commented: "Cycle Ranch operates a healthy business attracting thousands of spectators each week, provides cashflow, and offers advantageous acreage, siting and wind speeds for wind energy production. We look forward to implementing our clean energy strategy at Cycle Ranch to both increase revenue and produce wind power."
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Stocks to Watch:
Here Enterprises Inc. (Pink:HRTE), Federal National Mortgage Association(OTCBB:FNMA), Federal Home Loan Mortgage Corp(OTCBB:FMCC), American Power Corp.(OTCBB:AMPW), Mainland Resources Inc(OTCBB:MNLU), Banner Corporation(NASDAQ:BANR), Glu Mobile Inc.(NASDAQ:GLUU)
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Federal Home Loan Mortgage Corp(OTCBB:FMCC)
Federal Home Loan Mortgage Corp, formerly Freddie Mac, is engaged in purchasing residential mortgages and mortgage-related securities in the secondary mortgage market and securitizing them into mortgage-related securities that can be sold to investors.
American Power Corp.(OTCBB:AMPW)
American Power Corp., formerly Teen Glow Makeup, Inc., is an energy company. The Company focuses on developing its coal resources to support electricity generation.
Mainland Resources Inc(OTCBB:MNLU)
Mainland Resources, Inc is a natural resource exploration company engaged in the exploration, acquisition and development of oil and gas properties in North America
Banner Corporation is a bank holding company.
Glu Mobile Inc.(NASDAQ:GLUU)
Glu Mobile Inc. (Glu Mobile) is engaged in designing, marketing and selling games for mobile phones
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