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Author Topic: SYMW
Luvthatmoney
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.0013s getting hammered now, +30% already here nice
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SYMW 45 million served so far
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volume just keeps pouring in here now, a lot new investors coming in imo
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100 million now and rising, just amazing
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massive accumulation at .0013, going to be a nice support base after we break it
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.0013s falling, here comes an uptick
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SYMW 3 left at .0013
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Obama Admin To Award $2.4 Bln For Advanced Batteries
6:00 AM ET 8/5/09 | Dow Jones
By Siobhan Hughes and Henry Pulizzi

Of DOW JONES NEWSWIRES

WASHINGTON (Dow Jones)--U.S. President Barack Obama on Wednesday will announce $2.4 billion in grants to developers of next-generation car batteries and parts, aiming to develop a domestic electric-vehicle industry that creates U.S. jobs and reduces demand for oil.

The announcement comes as Obama administration officials fan out across the country to talk up the economy and hail the progress of the $787 billion economic stimulus package, which the White House says is beginning to show results. Obama will take his pitch to Elkhart, Ind., his second appearance in the town, which has been battered by dwindling demand for the recreational vehicles long manufactured there.

Senior administration officials declined to identify the recipients of the money, which represents the total available for batteries under the stimulus package. The applicants included Johnson Controls Inc. (JCI), Ener1 Inc. (HEV), and A123 Systems Inc., whose biggest investors include General Electric Co. (GE). The grants will go, in large part, to Michigan and Indiana.

The U.S. lacks a vibrant car-battery industry, relying on foreign companies for the batteries used in domestically produced hybrid vehicles. The Obama administration wants to change that, predicting that pumping money into an electric-vehicle program will simultaneously create tens of thousands of jobs and help pull the U.S. out of its worst unemployment in more than 25 years.

"It's recapturing the spirit of innovation that has always moved America forward," said Diana Farrell, the deputy director of the National Economic Council, in a call with reporters.

The spending will set up an important test of whether the Obama administration's spending will have lasting results or will prove fleeting. Rechargeable batteries come with challenges, such as recycling and malfunctions. Another issue is how to generate high levels of power from small, lightweight equipment. The U.S. also lacks the infrastructure to allow drivers to recharge their batteries on the road.

The grant money will be a boon to Michigan and Indiana, which have been decimated along with the auto industry. Of 48 projects that are to receive awards, 11 are located in Michigan and seven are in Indiana, according to Matt Rogers, a senior Energy Department advisor. The two states will receive the biggest chunk of money.

That is promising for Johnson Controls, which is building a battery factory in Michigan with support from Ford Motor Co. (F), and A123 Systems Inc., whose manufacturing is largely based in China but which also has plans to build a manufacturing facility in Michigan. A Johnson Controls spokeswoman said that company executives will be on hand on Wednesday in Detroit, where U.S. Vice President Joe Biden is to speak.

Ener1, which has facilities in Indiana, is another company that could benefit. Another award hopeful is Polypore International Inc.'s (PPO) Celgard LLC, a supplier of parts that prevent batteries from shorting by separating the anode from the cathode. U.S. Energy Secretary Steven Chu will appear at Celgard in Charlotte, North Carolina, on Wednesday.

The awards follow intense competition in which battery makers hired lobbyists, appealed to home-state lawmakers, and hired outside consultants. A total of 257 companies applied for the $2.4 billion in grants, with one out of every five projects receiving a grant. Combined, the companies had sought $9.6 billion, many times the amount available.

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Don't try and get happier than happy...

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SymPowerco Corporation (PINKSHEETS: SYMW) CEO John Davenport announced today that the company's fuel cell partner, Hybrid Energy Technologies, Inc. ("HET") of Ontario, Canada, has advanced its business plan on several fronts and that HET's initiatives continue to support the planning and timing of SymPowerco's fuel cell development program. HET owns 30% of SymPowerco's majority owned (70%) subsidiary, Polygenic Power Systems, Inc. ("PPSI"), which manages all aspects of SymPowerco's Flowing Electrolyte Direct Methanol Fuel Cell (FEDMFC) program.

HET, which owns the exclusive rights to a unique flat-plate rechargeable battery technology, has informed SymPowerco that it has successfully completed Phase I of a study to determine the feasibility of mass producing its battery technologies and to determine the feasibility of constructing a high speed manufacturing facility at a certain location for the world market.

In addition, HET has advised SymPowerco that it has begun design and construction of various prototype flat-plate battery configurations that will be made available to its existing and potential customers for design and testing purposes.

SymPowerco President and CEO, John Davenport, commented, "SymPowerco owns the exclusive rights to use HET's flat-plate battery technologies in Hybrid Power Systems that use Direct Methanol Fuel Cells. We believe that the FEDMFC and the flat-plate battery technologies, when used together in Hybrid Power Systems, will create a formidable presence in the burgeoning Alternative Power Systems markets for small to medium sized vehicles and for other markets. We're very pleased that HET is advancing its battery technologies so rapidly."

SymPowerco Corporation develops advanced fuel cell and power delivery systems for the rapidly growing personal transportation and portable power system markets. SymPowerco's soon-to-be majority-owned subsidiaries, HOSS Motor Sports and Highline Hydrogen Hybrids Systems, offer potentially expansive synergies and marketing opportunities with SymPowerco's Flowing Electrolyte Direct Methanol Fuel Cell and Hybrid Power System technologies.

Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to the Company or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors such as the level of business and consumer spending, the amount of sales of the Company's products, the competitive environment within the industry, the ability of the Company to continue to expand its operations, the level of costs incurred in connection with the Company's expansion efforts, economic conditions in the industry and the financial strength of the Company's customers and suppliers. The Company does not undertake any obligation to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties.

Contact:
Investor Relations
775-636-8486
Email Contact: Email Contact

--------------------
Don't try and get happier than happy...

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Luvthatmoney
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approaching 200 million volume now, rocking hard today guys
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the grant money attained here shows quite an accomplishment made by the company and proves they are ready to grow, expand, and generate massive revenue, they wouldn't have the backing of the federal government if it wasn't so
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with grants being announced today publicly by Obama, the amount of new investors from this huge exposure could drive the pps through the roof over the coming days/weeks here
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tiny dip here after the nice little run we had this morning, churning and burning today
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looks like mms are filling the gap here as expected, 99% of the time gaps are filled, perfectly healthy for the chart, should move up shortly once its officially filled
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GAP FILLED, ready to turn back up now soon
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just broke the 10 day average in volume now, 400 million coming up and there's plenty of day left
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fizzled - crap. I actually raised my sells from .0015 to .0018 before I left this morning. Never got over .0013.....geeeezzz. I've lost my touch for picking good ones. I should have not sold a THING in July and I'd be up about $8K instead of down 4K.
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Lordy, Jesus, let me get my heart pills - this stock is UP! [Wink]

--------------------
Please buy responsibly. Do not take my word on any stock. Do your own research. Thanks & good luck!

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It fizzled right back to where it's been since Friday (.0009 - .0011 range). We need a BIG RUNNER this week - one that's we're holding lots of shares of - and we're down big on - like BHWF or something!!!

If I didn't sell a thing in July - and didn't buy what I bought - I'd be up about$8K instead of down $4K - PLUS the EBHI disaster cost me another $2,400. Ewwww

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good news here today guys, looks like we should do well today
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SymPowerco CEO Comments on Federal Electric Vehicle Grants
GARDNERVILLE, NV -- (Marketwire) -- 08/06/09 -- SymPowerco Corporation (PINKSHEETS: SYMW) CEO John Davenport commented today on the $2.4 billion in federal funding for electric vehicle manufacturing that President Obama announced during his visit to Indiana. The funding included about $400 million to buy thousands of plug-in hybrid and all-electric vehicles for demonstration projects, $1.5 billion to foster an advanced vehicle battery industry in the U.S. and about $500 million granted to makers of electric drive components, power system and the other parts needed to make electric vehicles.
SymPowerco President and CEO John Davenport commented, "At SymPowerco, we believe that the funding for electric vehicle manufacturing announced by President Obama signals the beginning of a serious effort on the part of America to become the world leader in not only the research and development of electric vehicles, but also in the development of the resources, technologies and components required for efficient manufacturing of electric vehicles that can then be offered at the lowest cost.

"Federal support can drastically lower the cost of components such as batteries, electronic control systems and electric drives by encouraging early development and adoption of efficient, standardized and mass produced components. At SymPowerco we believe that this will shorten the timeline to market and substantially lower the cost of commercialization of our Flowing Electrolyte Direct Methanol Fuel Cell and Hybrid Power System technologies because we can expect to couple our unique fuel cell to 'off-the-shelf' components for most of our commercial applications."
Mr. Davenport further stated, "Not only can we benefit from funding granted directly to SymPowerco through our own application processes but we can benefit directly when funding is provided to other corporations and institutions that are developing the components we'll need to advance our own technologies. It's a win-win situation for the entire industry."
SymPowerco Corporation develops advanced fuel cell and power delivery systems for the rapidly growing personal transportation and portable power system markets. SymPowerco's soon-to-be majority-owned subsidiaries, HOSS Motor Sports and Highline Hydrogen Hybrids Systems, offer potentially expansive synergies and marketing opportunities with SymPowerco's Flowing Electrolyte Direct Methanol Fuel Cell and Hybrid Power System technologies.
Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to the Company or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors such as the level of business and consumer spending, the amount of sales of the Company's products, the competitive environment within the industry, the ability of the Company to continue to expand its operations, the level of costs incurred in connection with the Company's expansion efforts, economic conditions in the industry and the financial strength of the Company's customers and suppliers. The Company does not undertake any obligation to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties.

Contact: Investor Relations 775-636-8486 Email Contact: Email Contact


Source: Marketwire (Aug 06, 2009 07:30:10 EDT) News by QuoteMedia www.quotemedia.com

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with yesterday and today's news we should do really well today, especially with that gap fill yesterday and closing green
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nice to see the win-win scenario that was mentioned in the PR stating how not only is the grant directly helping the company but also the grants to other companies in the same industry are beneficial as well as it makes it easier and most likely cheaper to for Sympowerco to attain what they need to make/improve their technologies
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SYMW .001x.0011 1x2, looking for a nice run here today
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with their revolutionary technology they should have no problem with fulfilling their personal revenue goals and to get this pps to the highest value
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the mood of the world definitely seems to be trying to switch as much as possible of technology and industry into using green/alternative energy ideas, should bode well for this company's future imo
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RSI and Williams%R turning up, Macd crossing over, and bollies tightening here on the chart, looks like we're turning up here guys
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i think as soon as the major oil corporations have invested enough into the alternative energy fields to where they can switch over from oil and still survive that then the world will make the full transformation into using much more efficient vehicles such as fuel cell/electric cars and many more ideas, we're at the very start of this soon to be exponentially increasing field and it is only a matter of time before the company and stock starts growing uncontrollably imho
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company seems to be setting itself up perfectly in this field to where it can fully take advantage of this opportune time to create and profit from alternative technology
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SYMW .001x.0011 2x2 now
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bid building and ask falling early here premarket, would rather not have a gap up here today so that we don't have to worry about filling it later on, sometimes it can hurt the run a bit like it did yesterday
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SYMW .001x.0011 3x3 now
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looking great here premarket to make a nice run at .002 today or tomorrow
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SYMW .001x.0011 4x2 now
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bid stacked now premarket, looks like we're going to have a good morning here guys
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