http://www.otcstockpicks.net Newsletter Announces Alert on Awesome Penny Stock Pick Ontec Corp.
OTC Stock Picks Newsletter, a leading penny stock investor source, focuses investor attention today on Onteco Corporation.
Onteco Corporation is focused on the investment in, and the development of, proprietary technologies that target alternative energy marketplaces domestically and globally.
Its current investment focus is within the Energy Saving Lighting Industry. As a result it acquired NexPhase Lighting, Inc., in February 2011.
NexPhase Lighting, Inc. is a designer and developer of proprietary high quality LED (light-emitting diode) lighting fixtures and control systems for commercial applications. It believes its products will be the lowest cost, highest efficacy fixtures available in the LED Lighting Industry. All NexPhase lighting products incorporate its proprietary "NexSense Technology TM", which provides benefits well beyond the generally acknowledged advantages of all other LED lighting fixtures. NexSense control systems use a unique, "patent pending' wireless protocol, which provides for an unsurpassed reduction in architecture and infrastructure installation cost in commercial applications, as well as significantly reduced maintenance and ongoing operation costs.
Onteco Corporation believes that the proprietary technologies and intellectual property of NexPhase represent our potential for rapid entry into the domestic and global markets focused on the energy saving lighting, with the potential for immediate, sustainable revenue growth, cash flows and high return on investment.
It also intends to search for a merger or acquisition partner to develop its focused business Green Energy Technology. Going forward, Onteco Corporation will continue to seek opportunities that represent rapid revenue generation and sustainable competitive advantage in areas of alternative energy generation and energy savings.
The company was formerly known as InfoSpi Inc. and changed its name to Onteco Corporation in March 2011. Onteco Corporation was founded in 2007 and is headquartered in Aventura, Florida.
Onteco Corporation is a fully reporting SEC company, publicly traded on the OTC Market, and within the OTCQB market tier.
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