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g_money
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EGTK - .28-after hour pr Friday

Energtek Requested by Philippines' Government to Provide Sample CNG Lite(TM) Tricycle Conversions in Metro Manila
http://finance.yahoo.com/news/Energtek-Requested-by-prnews-14960735.html
Friday April 17, 2009, 4:05 pm EDT

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g_money
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Energtek has developed breakthrough Adsorbed Natural Gas technology which efficiently enables the increased use of NG in vehicle and industrial markets.

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perteus
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Be interesting to see what actual dollars come out of their dealings with the Philippines.
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g_money
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EGTK.PK Begins Conversion of Tricycles Using Proprietary CNG Lite(TM)

Energtek Inc. announced this morning that its engineering team has started converting tricycles to operate on natural gas (”NG”) in Metro Manila, as requested by the Government of the Philippines. The company anticipates displaying these converted tricycles to officers of the executive government by April 30.

As announced previously, the Filipino Department of Energy requested Energtek to convert the vehicles with the proprietary CNG Lite(TM) system based on ANG technology. The request came after the department announced its intention to allow tricycles to use natural gas resources allocated to the Natural Gas Vehicle Program for Public Transport (NGVPPT).

According to the press release, Attorney Vigor Mendoza, Chairman of the First United Transport Coalition, is promoting the NG conversion of tricycles in the Taguig and Marikina areas of Metro Manila. The group has submitted official requests for the conversions to the Filipino Government.

“We are very pleased to cooperate with the First United Transport Coalition in its quest to improve the economics of the tricycle drivers in Metro Manila areas,” stated Energtek CEO Lev Zaidenberg. “There is no doubt that the provision of a cheaper and cleaner motor fuel shall contribute both to the welfare of the tricycle drivers and to ecological improvement in the Philippines. The conversions will benefit the entire population”

Representing one of the most popular forms of transportation in the Philippines, gasoline-powered tricycles are known to contribute to dangerous pollution levels. Converting the vehicles to Natural Gas will substantially reduce hazardous emissions and save energy expenditures as natural gas costs a fraction of the price of gasoline.

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perteus
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Once they get final approval on all this, Energtek will be in a great position to make money. The Philippines represents a huge market for this type of thing.
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perteus
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News: Energtek subsidiary is now transporting additional NG in India.
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perteus
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More on India:

"Energtek Inc., a world leader in the development of Adsorbed Natural Gas (ANG) technology, today announced that its subsidiary Moregastech India Private Limited is advancing the provision of natural gas bulk transportation services to industrial consumers in Bhiwadi industrial area in the Indian state of Haryana, using Energtek's proprietary Low-pressure Mobile Pipeline (LMP) bulk transportation technology,.

Marketing activities in the said industrial area have started following advances in the approval process for LMP technology by the Indian authorities. The marketing team has reported very positive reactions by customers waiting to benefit from the supply of natural gas.

Satisfying the supply requests presented to the company by industrial consumers in the Bhiwadi industrial area will require a fleet of several semitrailers to deliver the appropriate natural gas quantities. Energtek has developed custom semitrailers to enable the cost-efficient delivery of natural gas to consumers that are not connected to any pipeline infrastructure."

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perteus
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Regarding India, look at the statement from the Energtek CEO:

"There is no doubt that the provision of a cheaper and cleaner fuel is economically beneficial to these customers. With a constantly growing number of industrial consumers, and over 80 million two- and three-wheel vehicles, India is in great need of the alternative energy solution offered by Energtek’s proprietary low-pressure storage technologies.”

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g_money
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EGTK could be the hottest penny on the market today, but it won't be a secret for long.

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g_money
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EGTK.PK Taps One of the Biggest New Energy Sources

Energtek, Inc., a world leader in the development of ANG (Adsorbed Natural Gas) and other natural gas transportation and storage technologies, may have the key to tapping into an energy resource as big as all the oil reserves of Saudi Arabia. This energy source has already been discovered, just in time to serve the needs of newly industrialized nations in and around Asia.

The energy source is called stranded natural gas (SNG), and it represents at least 40% of the world’s natural gas reserves, an estimated 3,000 trillion cubic feet, enough to cover world demands for a long time to come. SNG is natural gas that has already been discovered, but is uneconomical to extract and deliver. This situation typically occurs when the size of the reserve doesn’t justify the costs of transporting to where it is needed. The imposing costs, land use, and legal issues involved in developing new gas pipeline often means that small or distant reserves must be left untapped. Anyone able to make the world’s supplies of SNG suddenly viable will be opening the door to billions of dollars in energy resources.

Energtek believes it has the key to do just that. The company has developed technologies allowing for the economical transportation of natural gas where other methods, including Liquified Natural Gas (LNG), would not be viable. Places where the source or market is relatively small or distant are now, for the first time, open for realistic consideration. Places like India, Thailand, Indonesia, and China, with huge populations and growing industrialization, are desperately seeking ways to tap remote energy supplies and to economically transport them to diverse locations. Energtek’s low pressure storage solutions, including its LMP (Low-pressure Mobile Pipeline), increasingly represent the most efficient method of transporting natural gas.

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perteus
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Don't Forget:

"Energtek Inc. announced today that its subsidiary Moregastech India Private Limited expects to report its first revenues during the final quarter of 2009.

Prospective revenues for the contract, even for the relatively small projects foreseen in the forecasts of the companies, are significant. Initial joint distribution activities are expected to generate revenues of over $5,000,000 (USD) in 2010; over $12,000,000 (USD) in 2011; approximately $20,000,000 (USD) in 2012; and increasing amounts thereafter."

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perteus
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This represents a huge market that could be solid for decades to come, and Energtek is getting in on the ground floor.
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EGTK. Lots of chatter about this stock tonite. I just did some dd on this company. I am expecting a big run in the morning. Charts looks awesome everthing is pointing north Mac d line is Just about to cross the signal line and the RSI line is showing the stock in power@ 73.47 We are going to see alot of price aprecation. In the past 30 days the stock went from $0.22 to $0.30 and we are going to see more. It is still a good time to take a position in this stock. Remember to do your own dd and u can start here http://www.energtek.com . Good luck to u all and here is the latest news.

NEW YORK, February 16, 2010 /PRNewswire-FirstCall/ -- Energtek Inc., a world leader in the development of Adsorbed Natural Gas (ANG) technology, today announced that the company has successfully completed a field test of its proprietary Low-pressure Mobile Pipeline(TM) (LMP) system in western Africa.


The field test was performed in conjunction with a major local producer of natural gas. The local company is jointly owned by a Texas-based exploration company and a fund managing the oil and natural gas investments of a major French financial institution.

As part of the field test, natural gas was transported by Energtek's LMP semi-trailer from an existing natural gas production site and delivered to the consumer, to fuel the electricity supply system of a drilling rig. (A photograph can be viewed at http://www.energtek.com.)

Following the successful field test, Energtek and the local energy producer are now discussing terms of commercial cooperation.

"The field test proves that Energtek's Low-pressure Mobile Pipeline technology can deliver the energy needs of industrial consumers," said Energtek CEO Lev Zaidenberg. "Now that the test has been completed we look forward to implementing the technology to provide a cost-efficient delivery solution for customers in various markets"

About Energtek

Energtek develops and applies proprietary low-pressure storage technology to provide complete well-to-wheel pipeless Natural Gas supply solutions to industrial consumers and fleets of small vehicles. Energtek's Natural Gas solutions reduce pollution and alleviate consumer energy costs. Energtek provides competitive bulk transportation solutions to industrial users and a profitable alternative motor fuel solution for 2- and 3-wheel vehicle drivers in Asia. Energtek operates subsidiaries in North America, Europe, Asia and the Middle East. To learn more about Energtek, visit http://www.energtek.com

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