Evergreen Energy’s 3rd Quarter Drops
Evergreen Energy (PACX:EEE) reported a net loss of $17.4 million or $0.22 per share for the 3rd quarter of 2006. This was a dissapointment to investors and caused Evergreen’s stock to drop over 18% today. The main reason for Evergreen’s recent losses has been the companies promotion of its K-Fuel(TM) process. While Traditional coal burning creates toxins and pollutes the air. Evergreen has used its K-Fuel process to reduce emissions and even remove toxins such as merucury.