February 11, 2013 at 07:12 AM EST
Penny Stocks Decliners On The Previous Trading Session: (OTCQB:SWVI), (OTCQB:ECAU)

Swingplane Ventures, Inc. (OTCQB:SWVI) updated information pertaining to the Algarrobo property.

The Algarrobo is adjacent to the Chilean Iron Belt and there is enough iron in the sand to seriously consider production of iron as a byproduct or as a secondary source of revenue.

The Algarrobo has all the indication of a world class deposit and is not a difficult property to mine. The Pacific ocean is 15 km away and pipe lines and desalination are fairly simple, implementation power is nearby and, although in need of upgrading, road infrastructure has been built.

Swingplane Ventures is a mining company.

Find out if SWVI could rebound in the very short term by getting the free full report here: http://www.wallstreetreport.net/market-scan/?symbol=SWVI

 

 

Echo Automotive Inc. (OTCQB:ECAU) welcomed respected entrepreneur, developer, investor and business leader, Mr. Dale Jensen to its growing Advisory Board.

"I am a lifelong believer in the electrification of transportation," commented Dale Jensen. "I had a keen interest in Echo Automotive's technology and so it was easy for me to accept an advisory role as soon as it was proposed. I look forward to providing guidance and input to the Company by offering my experience as a technology entrepreneur."

Echo's management reports that it will be working closely with Mr. Jensen in the coming months, especially regarding talks with various municipalities as this is an area he has had extensive dealings and experience with throughout his career.

Echo Automotive is a developer of technologies enabling the cost effective conversion of existing fleet vehicles into fuel efficient hybrids.

Find out more on ECAU by getting the free full report here: http://www.wallstreetreport.net/market-scan/?symbol=ECAU

 

 

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