(BYZN) Makes Strong Green Push, Up Approximately 8% And Could Be Gaining Steam
BYZN is off to a strong start this morning.
Currently up approximately 8%, BYZN has already climbed to a high of $.175 on the day.
Could this early green trend be signaling the beginning of a bigger vertical move short term?
Yesterday, the company dropped a press release speaking to the $2.25 Infrastructure Bill being a potential "Boom" to the economy.
"This is an exciting time to be in the clean energy, clean solutions space, and we expect that this resurgence in interest being enacted in the US will echo across the globe for Byzen's products and solutions," said Dan Bates, Chief Executive Officer. "The Biden Administration's commitment to making a positive impact on climate change is a win-win-win for the country, the planet and companies that will benefit from the economic and legislative support they will receive."
"In the weeks and months ahead, Byzen will be closely monitoring the Infrastructure Bill's implementation for the many billions of dollars being dispensed in grants, tax credits, low interest loans and loan guarantees, at the national level and as it works its way down to the state and municipal levels. With the nation's largest ever commitment to a green economy, Byzen is in the right place at the right time. Our portfolio companies are well positioned to participate in these new economic initiatives, and we are actively seeking to acquire additional companies and technologies that support the Byzen mission to fulfill various needs in this global green effort."
Read the full article here.
BYZN has not traded this high since March 2nd when it also hit $.175, so you'll want to watch it closely today.
Plus, this is a profile that has shown the ability to make a monster short term runs during 2021 as I highlighted in the report below.
If you haven't read my initial report, do so now and get BYZN on your radar quickly.
Clean and green... Two of the terms you hear a lot in the news these days.
That's because the global green technology and sustainability market size was valued at $8.79Bn in 2019, and is projected to reach $48.36Bn by 2027.
Green technologies include eco-friendly solutions that result in economic and social sustainability.
It was also just last week that the current administration announced a $2Tn infrastructure plan that included key details on a green energy focus.
The president is calling on Congress to in-vest $35Bn in research and development for projects on technologies to mitigate climate change and create jobs, such as carbon capture and storage, hydrogen, offshore wind, and electric vehicles.
In other words, green/clean energy and solutions could be a major focus in the immediate future.
Because of that, I've been watching a company that has that same focus, but is also flying under Wall Street's radar at the moment.
For Wednesday, there is only one profile to have on your radar:
Byzen Digital Inc. (BYZN)
Byzen Digital, Inc. identifies leading companies and technologies that are focused on clean energy and sustainable solutions which serve the global markets needs of today and in the future.
The Company will support these new ventures in the green economy improving quality of life for its customers, reducing greenhouse gas emission and adding value for its shareholders.
Byzen has 2 companies in its growing portfolio; Clean-Seas, Inc., a solutions provider focused on recycling waste plastics into clean burning fuels and 100BIO, LLC, which has created a 100% biodegradable packing solution for the food service industry as well as all standard packaging solutions.