carnegiecorp and wave technology

Symbol ASX: CNM
RATING: Strong BUY
Shares on issue :235 millions
52 Week High 0.038
52 Week Low $0.01
Current Price $0.033

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Our last profile CNM is currently up over 100% in just a few months

The Blackout of 2003 affected 100ds millions of people and caused the whole world to focus on energy stocks and the potential of renewable energy sources and stocks.

Because of this focus, we decided to expose a promising renewable energy company that has enormous potential and is currently rocketing up the charts, CNM and its RENEWABLE ENERGY project,

corporatescreeners.com give a Strong BUY SIGNALS
for CarnegieCorp *** CNM***

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*** the technology Breakthrough Renewable Energy Device ***
CNM is developing a renewable breakthrough Wave technology energy device, which could very well alter the local and global energy landscape forever.

The Wave technology has the potential of supplying electric power to homes and commercial facilities at a more competitive market price than other companies' products and public utilities currently offer.

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** you can visit and learn about hte wave technology at
www.carnegiecorp.com.au


- In short, CNM wave technology will convert sea tides power into usable electricity.
- A clean energy system that will impact the environment positively by displacing fossil fuel burning equipment with a passive, non-polluting method at a price that will capture market share immediately.
- Will alter the current energy industry and reduce global dependence upon petroleum.
- Numerous engineers and scientists believe that Wave technology warrants immediate and thorough attention.

It's hoped that this feature will facilitate rapid early market penetration as a cogeneration device in many applications where excess heat capacity is now a wasted burden, such as beneath moving mass transit subway cars, furnaces and other heat producing equipment in industrial plants and factories.

CNM is intending to having completed its prototype in early 2004

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*** Demand for Renewable Energy ***
At no time has the market been as ready to accept renewable energy systems than the present. The rolling blackouts of 2001 in California and the current Blackout of 2003 and the latest whole of Italy blackout has caused great concern for the future of our energy dependence.

- The renewable energy market has been expanding at over 15% annually. This rate of growth is faster than that of the basic computer industry.

The reason for this is the continued demand from third world nations, and our own growing industrialized World producers demand for a backup reliable power source in light of the energy and
Utility companies can no longer afford the major capital expenditures required for the deployment of central power processing plants. The estimated cost of upgrading the power grid ranges from $56 billion to $100 billion. The question of who will pay for these improvements will be a matter of extensive debate.

Also, emphasis on the self-reliance and independence from oil exporting countries coupled with a higher awareness of our planets delicate ecological balance are acting as a catalyst for the precipitation of an explosive growth in the demand for renewable energy product.

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*** Capturing Market Share ***
CNM renewable energy project aims to capture a significant market share of the total renewable energy market by the completion of the module
the man behinf is
ALAN BURNS (Chairman
who is a successful businessman,inventor ,who has been at the helm of good corporate companies, with respectful diligence.

He is associated at executive level on numerous projects, in developping new technology,
just to mention the listing of PDX on the London exchange, which rise 300 % the last 3 months

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*** Final Considerations ***
- The renewable energy market has been expanding at over 15% annually. This rate of growth is faster than that of the basic computer industry.

CarnegieCorp say that a working prototype will be available in 3 to 4 months, and projects launching an initial market entry as soon trial approved.

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a report presented by corporatescreeners