Growth Stock Watch

Electric City just announced that they have just received a notice from the American Stock Exchange that states that the company’s stockholders equity is below the minimum level required for continued listing.

This is certainly bad news for the company and one I am disappointed to read.

I stumbled upon Electric City more than one year ago and was absolutely fascinated by their EnergySaver technology and the concept of the Virtual Negawatt Power Plant. The technology has been adopted by a number of well known companies, but Electric City’s successes have not yet been able to sustain their company.

Bravo Foods has just announced the addition of more distribution channels via Coca-Cola Enterprises. Bravo’s products will now be able to get in more grocery stores, drug stores, and mass merchandisers.

Green Star Products recently announced that it will be providing construction and engineering expertise for a biodiesel refinery located in North Carolina. The company will receive royalties of approximately 2.5% of biodiesel sales from the refinery.

Bravo Foods has just announced that they have recently signed a five year trademark licensing agreement with General Mills. The agreement allows Bravo Foods to produce and market a line of flavored milk utilizing the brands Lucky Charms, Count Chocula, Booberry, and Frankenberry as well as the equity characters associated with each brand.

The agreement extends until the end of 2011 and allows Bravo to sell their milk products throughout their distribution pipeline.

Bravo Foods announced they have added Mr. Gerald L. Bos to its Board of Directors. Prior to retiring at the end of 2005, Mr. Bos was CFO of Dairy Farmers of America, a cooperative of more than 20,000 dairy farmers.