HEFFX Initiates Coverage on Escue Energy Inc (OTCMKTS:ESCU)

HEFFX Initiates Coverage on Escue Energy Inc (OTCMKTS:ESCU)

HEFFX Initiates Coverage on Escue Energy Inc (OTCMKTS:ESCU)

Overall, the bias in prices is: Downwards.

Short term: Prices are moving.

Intermediate term: Prices are trending.

Note: this chart shows extraordinary price action to the downside.

The projected upper bound is: 5.93.

The projected lower bound is: 1.99.

The projected closing price is: 2.11.

ESCUE ENERGY INC closed unchanged at 2.000. Volume was 74% below average (consolidating) and Bollinger Bands were 48% narrower than normal.

Open High Low Close Volume___
2.000 2.000 2.000 2.000 110

Technical Outlook
Short Term: Oversold
Intermediate Term: Bearish
Long Term: Bullish

Moving Averages: 10-period 50-period 200-period
Close: 2.46 2.24 2.67
Volatility: 470 786 765
Volume: 266 400 425

Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon.

Summary

ESCUE ENERGY INC is currently 25.0% below its 200-period moving average and is in an downward trend. Volatility is relatively normal as compared to the average volatility over the last 10 periods. Our volume indicators reflect volume flowing into and out of ESCU.PK at a relatively equal pace (neutral). Our trend forecasting oscillators are currently bearish turning bullish on ESCU.PK and have had this outlook for the last 1 periods.

MACD

There were no MACD signals generated today. The last signal was a Buy 69 period(s) Ago.

Stop and Reverse (SAR)

There were no SAR signals generated today. The last signal was a Buy 11 period(s) Ago.

Summary

The current market condition for ESCUE ENERGY INC is:

The close is currently Below it’s 200 period moving average.
The close is currently Below it’s 90 period moving average.
The close is currently Below it’s 30 period moving average.

About Escue

The Company Escue Energy ( ESCU ) is a start – up with the rich history thanks to Saeed Quraeshi who is the developer of worlds largest vertical axis wind turbine and now the Chief Technical Officer. Our team of engineers have the expertise and background to design both Small (KW) and Large (MW) wind turbines which can operate in both high and specially low wind conditions. Our initial business plan is to focus on Rural Electrification and become the pre eminent supplier of energy for Off Grid market opportunities such as present in the sub continent of India where over 500 mm people have no access to the grid and Africa both target markets for our technology. We have made considerable strides in identifying human resources in place in the initial markets which we will launch in and as we move into each of these market places. We have sub contracts ready to locally produce under license and to mitigate the cost and time of shipping and to keep cost low to meet the local market demands. In addition, we have established a effective work force of Electrical Procurement Contractors (EPC) who will be trained to install our equipment at the local level.

Our expertise in Vertical Axis Wind Turbines is based on the development and the successful execution of project EOLE in the 1980s. Project EOLE was a 4-MW VAWT unit that operated for over 5 years in continuous operation and was the very first multi-megawatt VAWT. EOLE was one of the world’s largest, longest running, and most reliable megawatt-scale wind turbines – either VAWT or HAWT.

In 2003, a H-Type, straight bladed Small (1.5KW) vertical axis wind turbine System was built and installed as a prototype proof-of-concept unit. It was built to demonstrate the patented design features of our new and innovational design of vertical axis wind turbine.

Our new line of innovative design in vertical axis wind turbine with shrouds represents the state-of-the-art, patented, H-Type, straight bladed, Vertical Axis Wind Turbines. It is specifically designed to meet the electrical power needs – For Homes, Commercial Buildings, Villages, Farms, and Independent Customers.

With our cutting edge in wind turbine technology, we are seeking to fill the global void in availability of reliable, acceptable and affordable small wind turbines.
Our Skills
Harvesting Clean Energy
Creating Adaptable Solutions
Adaptable Solutions
Mission Statement

In the next few decades, the availability of energy and the cost of energy are likely to remain the two most widespread issues facing both developing and developed nations. Improvements in energy supplies in the developing nations will require utilization of renewable resource focusing on a future-looking systems approach to deliver abundant, clean energy to all sectors of the economy.

Not In My Back Yard“ (“NIMBY”) syndrome related to small wind turbines is well known phenomenon. The dramatic technological advances made in the recent years now makes it possible to offer Small Wind Turbines designed to address all of the client’s concerns, and offer an energy option that would Acceptable, Reliable and Affordable.

Project Description

Our vertical axis wind turbine (VAWT) was developed from the result of 30 years of know-how based on the work performed in the design, engineering, construction and operation of numerous electrical power generation systems consisting coal, oil, nuclear and wind. Verification and validation for wind turbines designs were obtained with the development of a 4 MW VAWT 1987 and 1.5 kW VAWT in 2003.

Our wind turbines incorporate the required “Technological Goals and Actions” recommended by AWEA; for improvements in the design to ensure that the machines are the state-of–the-art.

A hybrid system consisting of Wind, Solar (PV), Battery storage, Invertors, and back-up Diesel generator is ideally suited to offer the best solution to suit the energy profile and the specific need of most applications.

It is generally agreed that Wind/Solar hybrid systems benefit from each other’s technology’s assets.

In many locations, wind and solar resources compliment each other, thus enabling designers to reduce the size of each component.

Our wind turbines will provide:
-Environmentally Clean
-Economically Viable,
-Sustainable Energy Option

In applications such as:

Homes, Cottages, Farm
Village Electrification
Telecommunication Systems
Remote Oil-Well Operation
Remote Communities
Water Pumping
Stand-Alone Power System
Building Roof-Tops
Hybrid Wind/Solar Systems
Power for On & Off-Grid,
Cathodic protection of pipelines
Hybrid System for street lighting

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Shayne Heffernan Funds Manager at HEFFX holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.

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