I have held this for about three years holding on cause I bout high. It seems to be on the move can anyone shed somelight on this? Thanks...
Posted by Livinonklendathu on :
T/A wise it reversed in December and is trending up - Sector wise it's hot
Dynamic Fuel System Inc. of Pickering Ontario engages business relationships with a major Chinese Firm debuting the Jetstar(tm) into the China market
15:32 EDT Wednesday, April 05, 2006
FSC / Press Release
Dynamic Fuel System Inc. of Pickering Ontario engages business relationships with a major Chinese Firm debuting the Jetstar(tm) into the China market
Pickering, Ontario CANADA, April 05, 2006 /FSC/ - Dynamic Fuel Systems Inc. (DYA - TSX Venture), ("Dynamic" or the "Company") announces development in its sales and marketing progress as follows:
Dynamic Fuel Systems Inc. of Pickering Ontario has successfully initiated a business relationship with a leading Chinese firm, debuting, the Jetstar(tm) into the Chinese market. Due to the ongoing pressure to comply with emission reduction policies in China and the rising fuel prices, there is a huge potential for growth for the Company says Mr. Thomas Fairfull, President.
Dynamic will continue forward in our discussions and implementation of our Jetstar(tm) system into the Chinese market with our Chinese clientele.
The world markets for hydrogen power, using a compact modular engine device, which produces hydrogen on demand, are ever-increasing and Dynamic has opened up the market to alternative solutions for generators as well as the heavy truck industry.
About Dynamic Fuel Systems Inc. Dynamic Fuel Systems Inc. is a Pickering, Ontario based energy sector company engaged in the manufacture, distribution, installation and marketing of a transportable hydrogen generator retrofit targeted for use in the heavy tractor trailer industry. Its flagship product, the Jetstar(tm), is a patent-pending aftermarket retrofit solution that provides combustion enhancement by mixing hydrogen and oxygen into a vehicle's intake air to provide the engine with a more complete burn of the fuel in its internal combustion engine. Its business was founded in 2001 and more information about its products can be viewed at its website at www.dynamicfuel.com
This release includes forward-looking statements, which are based on certain assumptions and reflects management's current expectations. These forward- looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Some of these factors include: general global economic conditions; general industry and market conditions and growth rates; uncertainty as to whether our strategies and business plans will yield the expected benefits; increasing competition; availability and cost of capital; the ability to identify and develop and achieve commercial success for new products and technologies; the level of expenditures necessary to maintain and improve the quality of products and services; changes in technology; changes in laws and regulations, includes codes and standards, intellectual property rights, and tax matters; the uncertainty of the emerging hydrogen economy; including the hydrogen economy moving at a pace not anticipated; our ability to secure and maintain strategic relationships and distribution agreements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
The TSX Venture Exchange does not accept responsibility for the adequacy of this release.
For further information, please contact:
Thomas Fairfull President Dynamic Fuel Systems Inc. 890 Brock Road South Pickering, ON L1W 1Z9 905-831-2440 thomas*dynamicfuel.com www.dynamicfuel.com
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