This company has dynamic growth potential with revenues increasing every quarter. Their proprietary energy efficiency based technology can save power consumption up to 50% on cooling equipment like air conditioning, heat pumps and refrigeration. With such a focus now on energy savings and reducing ones carbon footprint, worldwide, Smartcool is at the right time and right place.

These shares recently hit a 52 week high of $0.10 before pulling back to form a solid base . Technically we expect these shares to double once again testing and breaking through its 52 week high. 

We initiate coverage with a buy based upon technical factors