New Pick: Bioflamex Corp (BFLX)
I have discovered an exciting new company that has recently hit our radar – and it is priced at just $0.003.
It traded very well today, making strong gains at the open before pulling back a little.
Technical indicators have confirmed its move off the bottom and tomorrow we look forward to strong follow through.
You see BFLX has started to make a strong move up from the bottom channel, and this move has been strengthened with today’s price action.
The best news is that it didn’t move too far,
too fast today. Instead it ran a little, but pulled back and
consolidated. Giving us the perfect entry opportunity to participate in
the upside swing.
What does this mean for us? Well based on
technical indicators, and support/resistance levels, we ascertain that
the primary target is at $0.005. With today’s closing price at $0.003,
this would represent 67% short term upside.
Bioflex Corporation (BFLX) is
an innovative US based international fire prevention and services
company focused on the development and production of high performance,
eco-friendly, fire extinguishers and fire prevention products.
The Company is at the leading edge of clean tech
fire fighting and prevention. It’s core product portfolio is based
around environmentally friendly technology that provides effective first
response to fires and protection of lives and property.
In addition to developing its own core products, BFLX seeks
to become the market leader by acquiring complementary companies and
patents that will give them competitive advantages as well as size and
scale.
BFLX‘s mission is to lead the
way in environmentally friendly fire fighting and become the preferred
choice for safe, efficient fire fighting, prevention and control.
The fire prevention and control industry is massive, and until now, has been very much under-served.
Now we’ve all seen how devastating forest and
wild fires are. Every year these deadly fires destroy our environment,
emitting massive amounts of greenhouse gases, and taking so many
precious lives.
BFLX‘s advanced forest fire
fighting products allow for substantial enhancement of fire barriers,
allowing responders to be much more in control, and it requires
significantly less water and does not harm humans or the environment. In
addition, their product has a protective agent that guards against
future fires for up to three months after its utilization.
With increasingly hot summers the norm, and an increasing number of wild and biomass fires, BFLX‘s solutions will be in greater demand going forward.
BFLX also
has a wide range of innovative products that serve a variety of needs,
such as solutions for forest fires, oil fires, retardants that inhibit
fire in textiles, wood etc as well as enhanced fire protection
equipment.
You can read more about BFLX, and their exciting, eco-friendly products, on their website www.bioflamex.com
And not to stop there, BFLX released some very significant news today.
BFLX announced that they have
entered into a new distribution partnership with a private Company,
Progess Alternative Group LLC (PAG), that will see BFLX‘s products distributed to areas of the United States.
And the best part…PAG have committed to deliver BFLX a minimum $1 million in sales per annum.
We think BFLX, at $0.003, represents an exceptional opportunity the be part of a company that has enormous growth potential.
Not only is the Company doing some great things,
the technical setup is also favorable for short and long term traders
and investors.
So be sure to read this email once more, and follow the links to continue your research on BFLX before the opening bell tomorrow.
We will touch base tomorrow morning with more thoughts, analysis and any new developments as they occur.
The Team
PennyStockGeneral.com
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