Kenneth P. Norquay, CMT Bioteq Environmental Technologies Inc. BQE-X DON'T BUY Mar 11, 2008

Had a break out from the long-term range of May to October and dropped down to test the range in November before heading back up. Volume and liquidity have been improving. Be careful on the downside with $2.20 being a reasonable point and $4 or $5 on the upside.

Short term does not look very good. This is a tricky stock to analyze because the volume is so sporadic. Technical analysts works very good when there is a consistent volume. Currently it is in a downtrend and unless it breaks the top trend line it will be a Sell. He thinks the sentiment is turning on this. Wouldn't be surprised to see a drop down to $2.80.

Doing a series of projects globally. Cleaning up water, largely from mining projects. On the cutting age of how to turn tailing ponds into clean areas. Have some projects in China. Really likes their technology. Long-term hold.

Clean the water that comes from mines to 99% purity. The heavy metals that are removed from the water can be sold. 4 plants that are operational and will expand to 5 in one year. A lot of opportunity for this company.