Monday, August 17, 2009

Neohydro Technologies (NHYT) (NHYT.OB) Aggressive Stock Promotion, Spam?

We have received an aggressive stock promotion, ostensibly stock spam, for Neohydro Technologies (NHYT) (NHYT.OB). The so-called Green Market Report calls Neohydro a turbo charged company that is beginning a major growth phase. The timing is right, they say. The stock price provided is $0.16, its Friday close. Today (Monday) it closed up 2 cents (13.92%) to $0.18. Volume was heavy (611,536), over twice the average volume of the past 3 months. And during the day it traded at $0.19. The market cap listed on Yahoo Finance is $10.53M. However the Green Market Report provides a Near-terrm Tarrget (sic) of $0.65 and a Long-terrm Tarrget (sic) of $2.40. This is very aggressive. The near-term target is over 260% above its Monday close. And the long-term target is over 12 times higher!

Details of the Neohydro Technologies (NHYT) (NHYT.OB) stock promotion (spam):

"Company Opportunities on Wall Street‏"

Welcome to this issue of the Green Market Report. We have a Turbo Charged company for you this week. A company which we believe is Beginning a Major Growth phase. Talk about the right place at the right time! Here is Neohydro Technologies.

Neohydro Technologies

Siymbol: NHYT
Currrent: $0.16
Near-terrm Tarrget: $0.65
Long-terrm Tarrget: $2.40

Neohydro Technologies Corp. has recently acquired the Exclusive license to the
patented Green Interactive Hybrid System(tm) (GIHS) for all of Canada. The GIHS is
a unique turbo charging system for motor vehicles that dramatically increases fuel economy while substantially increasing horsepower, torque and performance with a significant reduction of the carbon footprint.

Neohydro is initially targeting the multi-billion dollar light duty truck industry
though the product has a very wide application range. The effectiveness of the GIHS system is astounding and has received high praise and accolades. The Neohydro team believes that the market is ready for such an impressive product.

After a small dip on Friday this news was released after the bell. We believe there has been no better time to get in.

CALGARY, Alberta--(BUSINESS WIRE)--Neohydro Technologies Corp. has identified potential savings of over $245M per year on one percent of privately registered vehicles across Canada. With more than 8.5 million light trucks registered in Canada in 2007, the market potential is considerable. While the system can be installed on any truck operating with a 5.3 liter engine, it is more economically sensible to install the system on new vehicles. For example, along with increased fuel economy (14 mpg to 32 mpg on the 2009 Chevrolet Silverado 1500) and increased horsepower (315 HP to 500 HP on the same Silverado), the fresh-off-the-line GIHS equipped vehicles will also be backed by a 3y/36,000 mile complete bumper-to-bumper and 5y/100,000 mile powertrain warranty.

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After spending Tuesday night in Ankara Benedict will visit Ephesus and Istanbul where he


admin said...

Update: PinkSheets does not have a warning label for Neohydro Technologies (NHYT) (NHYT.OB). It is only labeled that it is OTCBB. As of 3:42PM Monday the best bid was $0.185 (5000 shares) and the ask was $0.20 (5000 shares).

Angela said...

On top of it, those nasty spam emails about NHYT are sent via domain spoofing!!! I know it for a fact, because my domain name has been abused for that purpose. Absolutely disgusting business behavior, IF that even is a real company...