ALKN Alkane, Inc. featured news, full reports, and detailed charts
Alkane, Inc. (ALKN/ALKN.PK) Wrap Up:
Alkane, Inc. engages in the development and sale of alternative fuels and additives under the Monster Diesel name in the United States. The Monster Diesel is a diesel fuel additive designed to increase engine power and miles per gallon, while eliminating engine knock and decreasing engine wear and harmful emissions. The company offers its Monster Diesel for truckers, boaters, farmers, bus operators, and home owners who heat with oil. Alkane, Inc. is based in Lutherville, Maryland.Alkane, Inc. (ALKN:OTC)
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Market Cap
3.9M
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Total Revenue
37.3K
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EBITDA
782.9K
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DILUTED EPS TTM
-0.01
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P/E
--
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P/S
62.4x
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Return On Asset
--
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Return On Equity
--
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ALKN Top Compensated Officers
Executives, Board Directors
Key developments for Alkane, Inc. (ALKN)
Alkane, Inc. filed its 10-12G on October 07, 2009 for the period ending June 30, 2009. In this report its auditor, De Joya Griffith & Company, LLC, gave an unqualified opinion expressing doubt that the company can continue as a going concern.
Alkane Inc. announced the launch of the company's newest product offering, Monster Diesel for Home Heating Oil. The latest addition to the company's line of alternative synthetic fuel additives is designed to make home heating with oil healthier, cleaner, and more efficient by establishing a more complete burn pattern. Monster Diesel for Home Heating Oil actually burns the would-be soot that is the typical byproduct of home heating oil, rather than releasing it into the home for users to breathe. As a related benefit, users receive extended use of their home heating oil, since the would-be soot is now being utilized to generate heat rather than released as a byproduct into the air. In addition to its improved burn pattern, Monster Diesel for Home Heating Oil increases fuel stability, prolonging the life of the oil even after months of sitting stagnant during hot weather. The additive prevents sludge from forming during summer storage, so the oil is ready to be used again at the first sign of cold weather.
Alkane Inc. announced that it has filed for a U.S. patent on its newly developed high energy synthetic fuel, Syn-Fuel. Syn-Fuel is the operative ingredient in the company's flagship product, diesel fuel additive Monster Diesel(TM), which started shipping earlier this month. A quart of Syn-Fuel containing additive, Monster Diesel(TM), imparts to diesel fuel the energy equivalent of 25 gallons of regular diesel fuel. This revolutionary quality seems destined to place Monster Diesel(TM) at the forefront of the energy revolution--ahead of even Ethanol, which actually contains significantly less energy than regular gasoline and therefore has the opposite effect when added to fuel. When one part of Monster Diesel(TM) is added to 1,000 parts of diesel fuel, the energy density of the diesel has been shown to increase by 9.9%. This boost in energy contributes to an increase of mileage per gallon by as much as 15% for both on-road and off-road diesel engines.
ALKN Competitors
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Industry Analysis
| Valuation | ALKN | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 62.4x |
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| Price/Book | NM | Not Meaningful |
| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | -- | Not Meaningful |
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ALKN transactions
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| No transactions in the last 6 months. | ||
More Recent News About Alkane, Inc.
More news for ALKN
Alkane, Inc. Files Form 10 with SEC
LUTHERVILLE, Md., Oct. 9 /PRNewswire-FirstCall/ -- Alkane, Inc., "Alkane" (Pink Sheets: ALKN - News) announced today it has filed a Form 10 Registration Statement with the U.S. Securities and Exchange Commission (SEC) to become a fully reporting company. The company will now file annual, quarterly and periodic reports on Forms 10K, 10Q and 8-K. (Logo: http://www.newscom.com/cgi-bin/prnh/20091009/PH90138 )"Our filing of Form 10, which includes our audited financial statements, is a significant benchmark for Alkane and is indicative of the strength of our company," said Mathew Zuckerman, Ph.D., President and CEO of Alkane, Inc. "This filing will help to advance our near and long term business goals and provide transparency to our investors."The Form 10 Registration Statement is accessible through the SEC's database of online corporate financial information by searching under Alkane at www.sec.gov. A copy of the Form 10 filing will also be available on the investor page at www....Click here to read the whole Article (external link)
Alkane, Inc. Launches Monster Diesel(tm) for Home Heating Oil
LUTHERVILLE, Md., Aug. 13, 2009 (GLOBE NEWSWIRE) -- Alkane, Inc. (Pink Sheets:ALKN - News) announced today the launch of the company's newest product offering, Monster Diesel(tm) for Home Heating Oil. The latest addition to the company's line of alternative synthetic fuel additives is designed to make home heating with oil healthier, cleaner, and more efficient by establishing a more complete burn pattern. Monster Diesel(tm) for Home Heating Oil actually burns the would-be soot that is the typical byproduct of home heating oil, rather than releasing it into the home for users to breathe. As a related benefit, users receive extended use of their home heating oil, since the would-be soot is now being utilized to generate heat rather than released as a byproduct into the air. In addition to its improved burn pattern, Monster Diesel(tm) for Home Heating Oil increases fuel stability, prolonging the life of the oil even after months of sitting stagnant during hot weather. The additive prevents sludge from forming during summer storage, so the oil is ready to be used again at the first sign of cold weather. "We are excited to offer a cleaner burning, more energy efficient solution to the home heating market," said Mat Zuckerman, Ph.D., CEO and President of Alkane, Inc. "Cleaner, more efficient technologies are needed in every fuel application if we truly want to move toward responsible energy utilization. Not only does this product cut costs and promote energy efficiency, but it also prolongs the life of the oil sea...Click here to read the whole Article (external link)
Monster Diesel(tm) Goes Digital
LUTHERVILLE, Md., June 30, 2009 (GLOBE NEWSWIRE) -- Alkane, Inc. "Alkane" (Pink Sheets:ALKN - News) announced today that its flagship product, alternative diesel fuel additive, Monster Diesel(tm), is "going digital," launching an entirely renovated interactive Web site and signing on with social media tools Twitter, Facebook, and MySpace. The newly launched MonsterDiesel.com enables users to quickly and easily purchase products online, while the social networking sites will be utilized as a means to invite conversation on the company's ongoing alternative energy product innovations. When asked why a company which produces an alternative diesel fuel additive is becoming so involved with interactive and social networking utilities, CEO and President, Mathew Zuckerman, Ph.D. said, "New energy is a topic that needs to be on everyone's radar. We have created a platform for users to learn more about the future of energy, and discuss it openly." With Monster Diesel(tm) announcing new product innovations all the time, the company is surely one to follow. Executives say they plan to announce breaking developments in real time "tweets" to their Twitter followers. According to the Energy Information Administration's International Energy Outlook 2008, the world "will require 50% more energy in 2030 than it did in 2005... almost all of which will be derived from synthetic and bio fuel sources." Alkane's proprietary synthetic-fuel products will surely play an integral role in this transformation. "We have b...Click here to read the whole Article (external link)
Alkane, Inc. Announces U.S. Patent Filing On High Energy Synthetic Fuel
LUTHERVILLE, Md., June 24, 2009 (GLOBE NEWSWIRE) -- Alkane, Inc. "Alkane" (Pink Sheets:ALKN - News) announced today that it has filed for a U.S. patent on its newly developed high energy synthetic fuel, Syn-Fuel. Syn-Fuel is the operative ingredient in the company's flagship product, diesel fuel additive Monster Diesel(tm), which started shipping earlier this month. According to the Energy Information Administration's International Energy Outlook 2008, the world "will require 50% more energy in 2030 than it did in 2005... almost all of which will be derived from synthetic and bio fuel sources." Alkane's proprietary Syn-Fuel will surely play an integral role in this transformation. A quart of Syn-Fuel containing additive, Monster Diesel(tm), imparts to diesel fuel the energy equivalent of 25 gallons of regular diesel fuel. This revolutionary quality seems destined to place Monster Diesel(tm) at the forefront of the energy revolution -- ahead of even Ethanol, which actually contains significantly less energy than regular gasoline and therefore has the opposite effect when added to fuel. When one part of Monster Diesel(tm) is added to 1,000 parts of diesel fuel, the energy density of the diesel has been shown to increase by 9.9%. This boost in energy contributes to an increase of mileage per gallon by as much as 15% for both on-road and off-road diesel engines. "The development of this Syn-Fuel, like Nobel's invention of dynamite, is simply the stabilization of Nitro. But, like dynamite, the Syn-Fuel has the cap...Click here to read the whole Article (external link)