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[QUOTE]Originally posted by RWGATORBLUE: [QB] Techalt, Inc. Announces Early Closing of its Merger With EV Parts, Inc. Feb 4, 2008 17:30:01 (ET) SEATTLE, Feb 04, 2008 (BUSINESS WIRE) -- Techalt, Inc. (Pink Sheets:TCLT)("Techalt" or the "Company") announced today that it has closed its merger with EV Parts, Inc. ("EV Parts"), a leading online supplier of electric vehicle parts and components, whereby EV Parts will become a wholly-owned subsidiary of the Company. The merger was initially expected to close on or before March 18, 2008. EV Parts is one of the largest online suppliers of parts and components to the electric vehicle market and is one of the pioneer companies in the custom electric vehicle world. EV Parts has begun selling products in the Robotic/Electrathon, Industrial, Personal Mobility, Marine/RV, and Renewable Energy markets. EV Parts has already developed a reputation as being a dependable source of electric vehicle parts and components and is looking to grow its market share and expand its reach into additional markets through targeted marketing and sales efforts. In consideration for entering the merger with Techalt, EV Parts' shareholders will receive 10% of Techalt's issued and outstanding common stock, all of which will be restricted. The Company also announced that it expects to highlight its capital structure in the near future. Looks like they finished early. May make a few more runs like the last couple of weeks. At .009 and will probably hit the med 20's again. [/QB][/QUOTE]
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