BarackStocks.com: A Time for Green

LAS VEGAS, March 12, 2009 (GLOBE NEWSWIRE) -- A few months into the Barack Obama presidency, a few things are now clear: This president will be aggressive in implementing policy to alter the course of a deeply troubled economy and is simultaneously intent on changing our domestic energy policy into a far more green-friendly system.

For companies like Greenchek Technology (OTC BB:GCHK.OB - News) -- which manufactures and distributes hydrogen injection technology that is primarily focused on mobile transportation and stationary power generation applications -- this news is critical, transforming their burgeoning business plan into one that may soon bask in the glow of an administration paving the road with incentives for their fuel-efficient offerings. Obama has already provided clean-energy tax breaks in the recently-passed stimulus package and more green friendly initiatives will likely arise from the impending climate-change bill. The tone is obvious and the opportunity for clean tech companies real.

It is often difficult to discern those which will quickly seize the day, or the presidential term, amid this green enthusiasm. But a solid guess is to parse the group of hopefuls first by looking for those which are already engaged in advanced environment-friendly business plans like GreenChek. Assuredly, as federal incentives and subsidies proliferate, a cast of pretenders will seek those dollars by instantly becoming clean tech or green, hoping to reel in government money or give pie-in-the-sky ideas a shot. But investors should be wary of the unknown, cautiously doing their homework and identifying those companies that have a technology in play now as GreenChek has, and watching all the while for successes and trends in the green market.

History tells us that when Congress gets involved, whole industries can be buoyed and propelled. It happened with oil, defense, technology and more, sparking enormous growth. Now, with Obama and Congress most tightly aligned, green companies almost certainly stand to benefit.

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          Integrity Media Inc.
          Kurt Divich, Editor
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