Top Stocks For 2012-2-7-11

Cleantech Transit, Inc. (CLNO)

When biological material extracted from some living being is used as a renewable source of energy it is called Biomass. It is usually comprised of the flora grown to produce electricity or heat - mostly remains of forest such as dead trees or part of trees. The biomass is transformed into chemicals so it can be used to generate required energy. 3.3 per cent of United States energy comes from biomass. The biomass station works just like the fossil fuel power station. It does not include fossil fuels as they are transformed into coal, gas, petroleum by geological procedures. Fossils contain that carbon dioxide which was long abandoned in the carbon cycle and is no more considered as a part of the system.

Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. The Company has expanded its focus to invest directly in specific green projects. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech has selected to invest in Phoenix Energy (www.phoenixenergy.net). This project could benefit the Company’s manufacturing clients worldwide.

Cleantech Transit, Inc. (CLNO) is pleased to announce it has met its funding requirement to secure the Company’s ability to earn in 25% of the 500KW Merced Project.

The Company is in the final stages of closing its initial interest in the Merced Project and is currently working on completing the necessary documentation and expects closing the transaction soon. As previously announced Cleantech has the option to earn up to 40% of the Merced Project and the Company plans to continue to work towards increasing its interest in the Merced Project as they move ahead.

For more information about Cleantech Transit, Inc. visit its website www.cleantechtransitinc.com

Motorcar Parts of America Inc. (Nasdaq:MPAA) reported results for its fiscal 2012 first quarter ended June 30, 2011Net sales for the fiscal 2012 first quarter increased 97 percent to $71.3 million from $36.2 million a year earlier. For the same period, due to the acquisition of Fenco, the impact of purchase accounting and the inclusion of its operating results effective May 6, 2011, the company reported a net loss of $2.4 million, or $0.19 per share, compared with net income of $2.5 million, or $0.21 per diluted share, for the comparable quarter a year earlier.

Motorcar Parts of America, Inc., together wit its subsidiaries, remanufactures and distributes alternators and starters for import and domestic cars, light trucks, heavy duty, agricultural, and industrial applications in the United States and Canada. It replacement parts are used on vehicles after initial vehicle purchase.

Hawaiian Telcom Holdco, Inc. (Nasdaq:HCOM) reported results for its second quarter ended June 30.Revenue totaled $100.7 million, up 1 percent year-over-year.Adjusted EBITDA of $31.8 million, a 6 percent increase from $30.1 million a year ago. Generated net income of $6.7 million, or $0.61 per diluted share. Excluding one-time charges totaling approximately $2.2 million related to a reduction-in-force and lease termination costs associated with the closure of its remaining retail stores, net income was $8.9 million, or $0.81 per diluted share.

Hawaiian Telcom Holdco, Inc., an incumbent local telecommunications company, provides various telecommunication services to business and residential customers in Hawaii. It operates in two segments, Wireline Services and Other.

BioDelivery Sciences International Inc. (Nasdaq:BDSI) announced that the commercial launch and availability of ONSOLIS (fentanyl buccal soluble film) in Canada will take place this quarter.

BioDelivery Sciences International, Inc., a specialty pharmaceutical company, focuses on developing and commercializing products in the areas of pain management and oncology supportive care.