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Any Thoughts on this Co? The way gas prices have gone should this go up?
The Company • XcelPlus International Inc. is a development-stage specialty chemicals and lubricants company focusing on the wholesale/retail distribution and sales of proprietary products that provide permanent protection and improved performance of engines in cars, trucks, vans, RVs, motorcycles, aircraft, boats, agricultural and lawn equipment, snowmobiles and ATVs, military equipment and other types of gas- or diesel-powered vehicles. • The company’s best-selling product --- XcelPlus Permanent Engine Protection (12 fl oz for $29.95) --- contains a unique formula that permanently protects the engine itself, increases fuel economy and horsepower, and reduces noise, wear, friction, oil consumption, amp draw, idle overheating and corrosion. XcelPlus also distributes and markets a wide range of products that extend the lives and improve the overall efficiencies of transmissions, differential, fuel systems, power steering systems, wheel bearings, industrial bearings, cables, fan motors and industrial equipment. • The company currently markets its products to consumers primarily through its www.xcelplus.com website and periodic print advertising in major auto-enthusiast publications. In the future management plans to widen distribution channels, including retail sales through national chains, backed by national advertising and public relations campaigns. In addition, XcelPlus management recently secured distribution and marketing agreements with companies in China and Thailand to bring XcelPlus products to market in those and other Asian countries over the next several months. • XcelPlus International Inc. is a publicly-held company (OTC:XLPI) incorporated in New York with executive offices in Saluda, Va. President and Chief Executive Officer Billy R. Smith founded the company in 2001. Unique, Proprietary Formula • The formulas used only in XcelPlus products were invented 30 years ago by John Bishop of Houston, who developed a lubrication and metal treating concept known as Permafused Lubrication (PfL)TM. Based upon the premise that 95% of all mechanical failure is directly related to friction and friction-related heat, XcelPlus products reduce the amount of friction that is produced in mechanical systems by placing a tough, PfL dry-film lubricant in them. Today XcelPlus products are the only engine and gas
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