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I could not find and hope there is not another post on this company. The stock went up to .20 cents per share. The press release is the reason why the stock soared:
Press Release Source: Rotoblock Corporation
Rotoblock Announces Engine Concept Validated Wednesday January 11, 8:00 am ET
First Test Fire of OPE Engine
SANTA ROSA, CA--(MARKET WIRE)--Jan 11, 2006 -- Rotoblock Corporation (OTC BB:ROTB.OB - News) announced today that the OPE (Oscillating Piston Engine) has been started for the first time. The test plan called for what was originally termed "Single ignition event." The engines ran under its own power for a number of ignition cycles. ADVERTISEMENT
The first fully operational test run of OPE confirmed the soundness and validity of the overall design and served to verify the fundamental operational capability of the engine. All mechanical parts of OPE engine have performed as designed during the combustion process. After careful examination and analysis of the test data, Rotoblock Inc. will move to the next test phase. In this phase the engine will be run at higher rpm for longer durations.
About Rotoblock Corporation -- Rotoblock is focused on the continued development and improvement of the Oscillating Piston Engine to the state where its mechanical, ecological and economic viability leads to the profitable licensing of the manufacturer's rights to a proprietary patented design or a partnership for its manufacture. The company was incorporated in Nevada, is headquartered in Santa Rosa, California, and has its operating labs in Vancouver, Canada. The Company has full rights to the patents of the original Oscillating Piston Engine and believes the Rotoblock Oscillating Piston Engine has particular and useful applications in developing countries such as China and India and will be including these areas in the marketing and commercialization phase of this engine. Visit Rotoblock's corporate website for details about the company, technology, and regulatory filings. The address is: http://www.rotoblock.com.
Safe Harbor For Forward-Looking Statements -- Except for statements of historical fact, the information presented herein constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations and changes in consumer and business consumption habits and other factors over which Rotoblock Corporation has little or no control.
Contact: Contact: Rotoblock Corporation Tony R. Collins (877) 511-0110
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Its nice to hear that the engine runs a little. It looked so nice and precise sitting there on the bench, in a disassmbled state. This went up close to .05 yesterday and another .03-04 this morning. Good time to own a million shares which I don't.
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In car engine talk its revolutions per minute. For us stock guys its whatever you want to imagine it to be. Also read the PR above it talks about RPMs.
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quote:Originally posted by DIGDOUGH: In car engine talk its revolutions per minute. For us stock guys its whatever you want to imagine it to be. Also read the PR above it talks about RPMs.
Thanks, Yes I know about revolutions per minute (RPM). Just thought it meant something different on this site. You are giving the stock a personally.
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