K2 Energy Limited Company Profile - Aug 07, 2011 by WrightReports

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									Company Fundamentals\Company Profile

   A Wright Investors' Service Research Report:

   K2 Energy Limited
                                                                                         440 Wheelers Farms Road
                                                                                         Milford, CT 06461 U.S.A.


  COMPANY PROFILE
  Figures in Australian Dollars

                                 Wright Quality Rating:LCNN                                Key Data

   K2 Energy Limited is an Australia-based company. The Company owns the worldwide         Ticker:
   rights for all the solar energy applications developed by Mears Technologies Inc.,      KTE
   and has an investment in Mears Technologies Inc. It also has oil and gas interests in
   the United States, through its shareholding in Trey Resources 1 LLC. During the         2009 Sales:
   fiscal year ended June 30, 2010 (fiscal 2010), the Company secured the worldwide
                                                                                           513,776
   rights to the Mears Silicon Technology (MSTTM) for all solar energy applications from
   Mears Technologies Inc. (MTI). The MST technology involves the production of
   altered or nano-doped layers of silicon that can be inserted into the manufacture of    Major Industry:
   silicon solar photovoltaic (PV) wafers. On June 17, 2010, the Company acquired 30%      Oil, Gas, Coal & Related
   interest in Trey Resources 1 LLC in exchange for its oil and gas assets and 100% of     Services
   the shares in K2 Energy USA Inc.
                       Stock Chart                                   Officers              Sub Industry:
                                                              Non Executive Chairman       Crude Oil & Natural Gas
                                                                   Samuel Gazal            Producers

                                                         Executive Managing Director Country:
                                                                 Peter Moore         Australia

                                                                    Secretary              Currency:
                                                                Terence A. Flitcroft       Australian Dollars

                                                                                           Fiscal Year Ends:
                                                                                           June

                                                                                           Employees
                                                                                           2

                                                                                           Exchanges:

                                                                                           Share Type:
                                                                                           Ordinary
             Stock Price (8/2/2011): 0.05
              Recent stock performance                                                     Market Capitalization:
                  1 Week        4.2%                                                       10,452,403
                  4 Weeks       2.0%
                  13 Weeks    -37.5%
                                                                                           Total Shares
                  52 Weeks   
								
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