Governor of Minnesota Supports FlexTek Testing Monday July 31, 2:54 pm ET
ST. PAUL, MN--(MARKET WIRE)--Jul 31, 2006 -- Minnesota Gov. Tim Pawlenty (R) asked the Environmental Protection Agency July 24 to consider using Minnesota as a test site for FlexTek E-85 fuel conversion kits. ADVERTISEMENT
Pawlenty's letter to EPA Administrator Stephen L. Johnson states that testing FlexTek could provide emissions benefits while also expanding the use of ethanol fuel. By increasing the number of cars using E85 FlexTek is likely to benefit Minnesota's economy, and Governor Pawlenty said he wants to offer tax breaks for low and moderate income families who want to convert their vehicles to run on ethanol. Both the University of Minnesota and Minnesota State University at Mankato (Minn.) have departments that study alternative fuel, and the state has the ability to perform research on tailpipe emissions from E-85-converted vehicles. Minnesota is offering these resources to the EPA.
The Governor's comments were broadcast in a July 21st CBS newscast about the FlexTek conversion. The newscast, which aired on WCCO in Minneapolis, can be viewed at http://wcco.com/local/local_story_202091258.html. In addition to the Governor, the news broadcast also featured Minnesota Congressman James Oberstar, the ranking Democrat on the House Transportation Committee. "We are the largest ethanol producer. We've lead the nation in the ethanol issue. It would be a logical next step to lead the country in conversion," said Congressman Oberstar, who has agreed to take the lead. Oberstar is arranging for state leaders to meet with Xcelplus to discuss the conversion technology and bring results to the EPA.
The FlexTek was also the subject of recent NBC and FOX network newscasts. According to Bill R. Smith, President of XcelPlus International, Inc. (Other OTC:XLPI.PK - News), "In addition to Governor Pawlenty and Congressman Oberstar, our lobyist has been in touch with the offices of Senator Thune of South Dakota and Senator Talent of Missouri. We are very excited at the political support and media attention our products are now getting as we pursue EPA certification and legislative action."
Posted by stocktrader22 on :
lmao...thanks for the PR a day late..dont count on this stock.
Posted by invester on :
I wasn't around yesterday. They have a good technology. I think its an easy 100%-500%.
Posted by iloverufus on :
HUGE NEWS folks!! This technology is going to be huge once it catches on in the ethanol sector! Govt of Minnesota on board! This will run over next few weeks...
Get on board now!
Posted by invester on :
I agree, they have already been in contact with Chrysler, and Hyundai just to name a couple. Amazing opportunity, and around 300 million outstanding. I think it is way undervalued.
Posted by invester on :
Up 8.33% bid has closed as well.
Posted by grandma007 on :
I agree. This baby will run soon imo.
August 1, 2006 - 1:19 PM EDT
XcelPlus Exceeds Revenue Goal for 2nd Quarter of 2006 XcelPlus International Inc. (PINKSHEETS: XLPI), a manufacturing and marketing company specializing in alternative fuel technologies, today announced 2nd quarter revenues for FY 2006.
Revenues for the 2nd quarter, which closed on June 30th, 2006, increased to $300K, a significant increase over revenues for the previous quarter. According to Mr. Kevin Whited, Sales Director for XcelPlus, the increase is due primarily to marketing efforts focused on the Flextek conversion kit. The Flextek is a kit that converts gasoline fueled vehicles into flex-fuel vehicles capable of running on E85 ethanol, gasoline, or any blend of the 2 fuels.
"We see these revenues as a very positive sign and we fully expect the positive results seen in our 2nd quarter to continue throughout our 3rd and 4th quarters," said Mr. Bill R. Smith, President of XcelPlus. "During our shareholder conference call we announced a 2nd quarter revenue goal of $250K. Exceeding that goal gives us confidence that we will meet or exceed our 3rd quarter goal of $1 million in revenue. Our print and radio advertising campaign has only just begun and we will be airing television broadcast commercials in the near future.
"We are also increasing our lobbying efforts, as public and political acceptance of E85 helps expand our markets. Just yesterday Governor George Pataki of New York signed legislation designed to make it easier for New York service station owners to offer E85 ethanol to their customers, and we fully expect other states to follow suit and make E85 readily available to consumers."
Governor Pataki signed Senate bill 8124/Assembly bill 11,868 into law at a service station owned by a dealer who expects to have an E85 pump installed before Thanksgiving. The signing of the New York bill comes just one week after Minnesota Gov. Tim Pawlenty's endorsement of the Flextek conversion system and E85 ethanol.
Posted by invester on :
Looks good.
Posted by BooDog on :
what happened to the other XLPI thread???? Of course this looks good I have a piece of it. LOL The widgets they made and already proved would work are getting real manufacturer testing soon. And a push to go to OTC and off the pinks by the end of the year. Take a few minutes and listen to the on line interview also... not like some of the other M N 1 interviews, this one actually was pretty good. This is one of my longs as a pink which is supposed to be a No No but what the hey it's only money!
Posted by invester on :
quote:Originally posted by BooDog: what happened to the other XLPI thread???? Of course this looks good I have a piece of it. LOL The widgets they made and already proved would work are getting real manufacturer testing soon. And a push to go to OTC and off the pinks by the end of the year. Take a few minutes and listen to the on line interview also... not like some of the other M N 1 interviews, this one actually was pretty good. This is one of my longs as a pink which is supposed to be a No No but what the hey it's only money!
I agree. The product looks like it will pan out.
Posted by Hannibull on :
are you guys still in this? do you think 0.01 is the bottom?
Posted by BooDog on :
no news is okay hannibull. A cycle of a trend. If you got in around .015 or above I would consider waiting and averaging if it goes lower like around .007. it could be a wait for testing results. you could always put the funds somewhere else that is moving. It could stay around this level for a while. But yes, I'm still in this. GL
Posted by BooDog on :
"listen only conference call on Thursday, August 17th at 9 p.m"
flextek kits are making out pretty good looks like. Keeping an eye open.
Posted by breman on :
moving a little. wonder if this will get over .02 again?
Posted by bksundar on :
Looks good to me. I was in at 0.013 a few days back...
Posted by grandma007 on :
Good movement today. Looks ready to go imo...
Posted by bksundar on :
Looking for 0.02 soon...
Posted by bksundar on :
I am seeing an ask of 0.14 after a long time !!
Posted by bksundar on :
I meant 0.014. Sorry...
Posted by Hannibull on :
yep we hit 0.014, uptrend from here? +27% now
Posted by Mysticobra96 on :
I don't know if you guys know but this was pumped by ***********. Just giving everyone a heads up I got an email about it last night.
Posted by JimSC on :
I got an email from that little punk too. He knows exactly what's going to happen, the stock will slowly rise over the next two days in anticipation of the conference call and then he'll sell all of his shares into the run on the morning of the 18th.
You can make a lot of money in this one if you're careful, imho.
Posted by bksundar on :
So far it is still flat ....
Posted by BooDog on :
out at .014 yest. on radar now. gl
Posted by BooDog on :
XLPI/EFWO and now XPGH Sumtin goin on here. I didn't listen to the phone conference and not sure if it will be posted.
XPGH -- Xcelplus Global Holdings, Inc. Com ($0.001)
Search for Dun & Bradstreet reports on this company.
Address: 5041 General Puller Highway Saluda, VA 23149 USA
Business Description: Technologies that make Ethanol viable. Flextek technology to convert cars over to flexfuel vehicles. Diesenol replaces all diesel fuels and Biodiesel with a 95% ethanol based fuel. Chenmical additives to protect fuel systems and engines from the acids caused by E85 fuels. A true E85 motor oil blend for the retail markets. The Lubrilon formulas.
Primary State of Incorporation: Nevada
Country of Incorporation: USA Year of Incorporation 1993
Officers: Billy R. Smith, President; Brad Novak, VP IR; Larry F Saunders, Secretary
Fiscal Year End: December 31
Edgar Filing Status: Non EDGAR Filer
Sedar Filing Status: Non SEDAR Filer
Outstanding Shares: 30,194,976 as of 2006-07-18
Estimated Market Cap: 98.133M as of 2006-08-16 (based on Outstanding Shares as of 2006-07-18) Authorized Shares: 200,000,000 as of 2006-07-24 Float: 4,514 as of 2006-06-27 Number of Shareholders of Record: 240 as of 2006-05-01
Current Capital Change: shs decreased by 1 for 60 split Ex-Date: Record Date: Pay Date: 2006-06-26
Dividends:
Company Notes: Formerly=Envira Minerals, Inc. until 5-00 Formerly=KoreaStation Corp. until 1-01 Note=5-5-06 company is in the development stage
[ August 18, 2006, 11:47: Message edited by: BooDog ]
Posted by EverGreen on :
news and also trying to bounce
XcelPlus International Inc. (PINKSHEETS: XLPI) is pleased to announce that it will be conducting a Flextek demonstration to U.S. and state congressmen in Washington, DC in early September 2006. The demonstration is expected to include the installation of a Flextek unit on the personal vehicle of at least one U.S. congressman.
According to XcelPlus President Mr. Bill R. Smith, "We are very excited about the national attention our products are getting. This high profile exposure will help us get out the word that it is no longer necessary to depend on the mid eastern oil supply."
The Flextek is a retrofit device that enables most modern vehicles to operate on E85 ethanol fuel as well as gasoline. XcelPlus International's strategic trading partner, XcelPlus Global Holdings Inc. (PINKSHEETS: XPGH) is currently planning to bring inexpensive cellulosic ethanol production to key U.S. locations. The company's business plan includes bringing inexpensive cellulosic ethanol to key urban areas to drive Flextek sales while the ability to burn ethanol fuels in any modern vehicle will ensure a large ethanol market.
Posted by BooDog on :
Back in yest at .0085, lets see where it goes. IMO they keep saying the same thing but when results from their testing come back that will be big news.
Like to see all shares transfered over to XPGH at that PPS of 3.25. Now THAT would be cool.
Posted by BooDog on :
XLPI getting some good support..
SALUDA, VA--(MARKET WIRE)--Aug 29, 2006 -- XcelPlus International Inc. (Other OTC:XLPI.PK - News) is pleased to announce that it will be conducting a Flextek demonstration to U.S. and state congressmen in Washington, DC in early September 2006. The demonstration is expected to include the installation of a Flextek unit on the personal vehicle of at least one U.S. congressman.
knock knock setting up the squeeze
Posted by The Green Demon on :
If this opens up at 1 you could see a big day tomorrow
Posted by BooDog on :
THIS IS NOT A BUY REC. one for the radar. I'm picking a bounce very soon. no news in over a month. charts still pointing down but some buy indicators are starting to show. candles breaking lower bands. OBV is even steven. no squeeze is set yet. Annual low .005 looking for .0045. Quarterly report to be out anytime between now and Dec (hey it is a PK!). waiting results from hyundai. XPGH.PK is waiting for fins to move to .OB. They are keeping it quiet for sure.
Xcelplus International, Inc. operates as a specialty chemicals and lubricants company. Its products include engine protection kit, performance restoration kit, aircraft engine protection, emission products, marine gas and diesel engine protection, railroad engine protection, APL grease, high temp grease, wheel grease, spray lubricants, and other products. Xcelplus treats engines in weed eaters, chainsaws, cars, trucks boats, aircraft, transmissions, wheel bearings, and tractor trailers. The company offers products for automotive, aviation, emissions, marine, recreational, motorcycle, heavy duty, industrial, lawn and garden, agricultural, and other applications. It operates in the United States and Asia Pacific region. The company was incorporated in 2000 and is based in Saluda, Virginia.
Posted by BooDog on :
.0045 not exactly the PR I was looking for. We'll see if it works out for me to be able to go to this meeting. If they say free food I just might make it!
"announced today that it will hold a shareholder meeting at the XcelPlus corporate headquarters located at 5041 General Puller Highway, Saluda, Virginia 23149, during the 4th quarter of 2006. Present at the meeting will be XcelPlus International Inc.'s President and Executive Officer Mr. Bill R. Smith, Operations Officer Mr. Larry Saunders, as well as a representative from Mcguire Woods LLP, XcelPlus' new corporate counsel."
Posted by atleast on :
XcelPlus Signs Distribution Agreement Tuesday October 17, 4:42 pm ET
SALUDA, VA--(MARKET WIRE)--Oct 17, 2006 -- XcelPlus International Inc. (Other OTC:XLPI.PK - News) is pleased to announce that XcelPlus Asia Pacific has officially signed a Distribution Agreement with Ministry of Lubricant Pte. Ltd. The Agreement was signed on October 6th in Singapore, and was followed by a grand opening ceremony to introduce the XcelPlus line of products to the Ministry's existing Malaysian, Brunei and Singapore dealer network. The ceremony opened with an award presentation in which XcelPlus International President and CEO Mr. Bill R. Smith was honored with an Appreciation Award. The primary products purchased for distribution were the Eliminator 200 for disinfecting air and surfaces on buses, trains, hospitals and schools. Other products of primary focus will be XcelPlus' Environmentally Safe De-Rusting Agent as well as the Engine Treatment for cars.
Mr. Francis Jeow, Managing Director for XcelPlus Asia Pacific, stated that he is excited to finally start closing the deals that he has been working on for so long and is working to sign more distributors for the XcelPlus line of quality products.
About XcelPlus International:
XcelPlus International Inc. manufactures and markets E85 Conversion Systems, Ethanol Fuel Products, and Specialty Chemicals which enable the growth of the ethanol market, while providing consumers with a viable means of using newly developed clean energy technologies.
This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Although XcelPlus International believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any assumption could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion should not be regarded as a representation by XcelPlus International Inc or any other person that the objective and plans of XcelPlus International Inc will be achieved
For investor relations you can contact Brad Novak at bnovak*xcelplus.com or by phone at 949-661-5780.
-------------------------------------------------------------------------------- Source: XcelPlus International
Posted by BooDog on :
cool. Was starting to think I was alone on this. Should get a nice string of news and more info of uplisting before the meeting. Invester... you still in this one?
Posted by BooDog on :
sticking with the good and the bad. They better have some REAL good food at the shareholder meeting. LOL new lows to come IMO. good to have a heads up like this instead of slamming them later. Should see fins soon. hopefully in the green. still a good prospect for Jan. http://biz.yahoo.com/iw/061019/0174628.html Posted by bowlegtroy on :
Looks primed for a bounce. If you can get in and out, it also looks like a daytradcers dream!
Posted by BooDog on :
rode bounces from .0008 and .0005 to .001. slow low volume but has been an easy flipper if you like being on the edge. 120 days only lasts 120 days. Still have my spin off and nothing in the mail or otherwise from billy ray.
click on search cases, enter 2005-00061, then click on xcel's case #, should load the case file then click on documents.
imo
(1) By October 1, 2007, the Defendants will repay all of the remaining investors. -------- recall the spinoff by mail or through our brokers? we would have to send our still worthless un-named shares back or if we don't they will disappear?? not sure how that will work yet.
If it is determined that investors have not been repaid accordingly, the Hearing Examiner will recommend that the Commission enter a judgment against Smith in the amount of three hundred ten thousand dollars ($310,000) and against Xcelplus in the amount of four hundred thirty-two thousand five hundred dollars ($432,500), the amounts from the original Settlement Order in this case. The amount of one hundred eighty-two dollars and nineteen cents ($182.19) was withheld from Smith's tax return, so anyjudgrnent against Smith would be decreased by that amount.
(2) The Defendants will submit monthly reports to the Division, in care of Bill Ward detailing the progress the Defendants are making with respect to repaying the investors. These reports will be due the 1st of each month. ------ Will they file a document showing the progress? If anyone gets contacted please post the method used. Thanks in advance.
(3) Xcelplus will agree not to sell securities unless they are properly registered or exempt from registration. Any general solicitation (including but not limited to email, web postings, press releases, phone calls, or US mail) will immediately negate the exemption that it appears the Defendants were trying to use.----- no spam mail fax bs or fluff pr's imo
Xcelplus will hire a licensed broker dealer or get another individual licensed as an agent of the issuer in order to sell securities of Xcelplus or any other businesses the Defendants may start or become involved with.
(4) Smith agrees to a permanent injunction from participating in the securities industry in any capacity. --- Where will Bill go next? and because of this will xcel stay public under someone else?
(5) The Defendants will stipulate that they have not made the rescission payments pursuant to the original settlement agreement and agree that attendance by witnesses will be unnecessary to establish that they received, accepted, or failed to receive the appropriate rescission amount from Smith or Xcelplus. _--- this is from the original recission imo.
....As a proposal to settle all matters arising from the allegations in the Rule, the Defendants have made an offer of settlement to the Commission, wherein the Defendants will abide by and comply with the following terms and undertakings : (1) By October 1, 2007, the Defendants will repay all of the remaining investors pursuant to the original rescission offer. The Commission will order that the Hearing Examiner convene a hearing on October 5, 2007 at 10:00 am in the courtrooms of on the second floor of the Tyler Building, to determine whether the investors have been repaid in accordance with the rescission offer. If it is determined that investors have not been repaid accordingly, the Hearing Examiner will recommend that the Commission enter a judgment against Smith in the amount of three hundred ten thousand dollars ($310,000) and against Xcelplus in the amount of four hundred thirty-two thousand five hundred dollars ($432,500), the amounts from the original Settlement Order in this case. The amount of one hundred eighty-two dollars and nineteen cents ($182.19) was withheld from Smith's tax return, so anyjudgrnent against Smith would be decreased by that amount. (2) The Defendants will submit monthly reports to the Division, in care of Bill Ward, detailing the progress the Defendants are making with respect to repaying the investors . These reports will be due the I st of each month. (3) Xcelplus will agree not to sell securities unless they are properly registered or exempt from registration. Any general solicitation (including but not limited to email, web postings, press releases, phone calls, or US mail) will immediately negate the exemption that it appears the Defendants were trying to use. Xcelplus will hire a licensed broker dealer or get another individual licensed as an agent of the issuer in order to sell securities of Xcelplus or any other businesses the Defendants may start or become involved with. (4) Smith agrees to a permanent injunction from participating in the securities industry in any capacity. (5) The Defendants will stipulate that they have not made the rescission payments pursuant to the original settlement agreement and agree that attendance by witnesses will be unnecessary to establish that they received, accepted, or failed to receive the appropriate rescission amount from Smith or Xcelplus. The Division has recommended that the Commission accept the offer of settlement of the Defendants pursuant to the authority granted the Commission in § 12.1-15 of the Code of Vi The Commission, having considered the record herein, the offer of settlement of the Defendants, and the recommendation of the Division, is of the opinion that the Defendants' offer should be accepted. IT IS THEREFORE ORDERED THAT: (1) The offer of the Defendants in settlement of the matter set forth herein be, and it is hereby, accepted; (2) The Defendants will fully comply with the aforesaid terms and undertakings of this settlement; and (3) The Hearing Examiner shall convene a hearing on October 5, 2007 at 10:00 am in the courtrooms of on the second floor of the Tyler Building, to determine whether the investors have been repaid in accordance with the rescission offer; and (4) The Commission shall retain jurisdiction in this matter for all purposes, including the institution of a show cause proceeding, or taking such other action it deems appropriate, on account of the Defendants' failure to comply with the terms and undertakings of the settlement . AN ATTESTED COPY hereof shall be sent by the Clerk of the Commission to : Billy Ray Smith, President, Xcelplus International, hie., 5041 General Puller Highway, Saluda, Virginia 23149; and the Commissioes Office of General Counsel and the Division of Securities and Retail Franchising. ....... http://docket.scc.state.va.us:8080/CyberDocs/Libraries/Default_Library/Common/fr ameviewdsp.asp?doc=7....