posted
bollies tight here on the 15 minute chart and parabolic sar is bullish, looking good
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posted
may need another day or so to weed out the rest of the profit takers here and allow the chart to compensate for the run up on monday and early yesterday
Posts: 3257 | From: usa | Registered: Nov 2008
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posted
with the recent grant funding here, the profit margin should be pretty nice once production and sales start up
Posts: 3257 | From: usa | Registered: Nov 2008
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CEO John Davenport announced today that the company has signed a Letter of Intent ("LOI") with Texas businessman Steven Humphries for the acquisition of a majority interest in Highline Hydrogen Hybrids, Inc. ("HHHI"), the manufacturer of a unique and proven hydrogen conversion system for gasoline and diesel-powered vehicles.
Related Quotes Symbol Price Change SYMW.PK 0.0015 0.0000
{"s" : "symw.pk","k" : "c10,l10,p20,t10","o" : "","j" : ""} In April of 2009, Humphries entered an agreement to purchase 70% of HHHI. Under the terms anticipated by today's Letter of Intent, Mr. Humphries will assign his HHHI interest to SymPowerco.
HHHI's unique supplemental hydrogen fuel system, in addition to reducing dangerous emissions, has been shown to enhance the fuel efficiency of internal combustion engines by as much as 25% and to increase horsepower by an average of 10%. HHHI also plans to release a commercial version of its supplemental fuel system for use on Over-The-Road commercial vehicles.
HHHI's unique hydrogen converter has undergone rigorous testing and has a patent pending. The company is currently relocating from Northwest Arkansas to a 380,000 square foot building on 30 acres in Dumas, Arkansas. HHHI officials project gross sales of their products to reach nearly $3,400,000.00 over the next 18 months.
Stated SymPowerco CEO John N. Davenport, "We at SymPowerco are very excited about the potential HHHI revenue streams and the synergies that HHHI's efficiency enhancing products could bring to our company. We believe that HHHI's products would complement our Flowing Electrolyte Direct Methanol Fuel Cell technologies by allowing SymPowerco to not only replace the internal combustion engine with the fuel cell in many applications but to also offer products to help reduce the environmental and energy-related impacts of the remaining fleet of vehicles powered by internal combustion engines."
SymPowerco Corporation develops advanced fuel cell and power delivery systems for the rapidly growing personal transportation and portable power system markets being created by today's energy and environmental challenges.
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: Contact:Investor Relations
-------------------- Please buy responsibly. Do not take my word on any stock. Do your own research. Thanks & good luck! Posts: 439 | From: USA | Registered: Jul 2009
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posted
Above is a timely reminder for Luv...go Luv!
-------------------- Please buy responsibly. Do not take my word on any stock. Do your own research. Thanks & good luck! Posts: 439 | From: USA | Registered: Jul 2009
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Contact Information Michael Vlaicu Founder and Lead Investment Analyst StocksHaven Investments 4163126929
michaelvlaicu*stockshaven.com In light of the recent investor interest in SymPowerco (PINK:SYMW), Michael Vlaicu, Founder and Lead Investment Analyst at StocksHaven Investments has reached a tentative agreement to conduct an interview with Texas Businessman, Steven Humphries (51% Majority Stakeholder in SymPowerco) and Mel Robinson (CEO of Hoss Motorsports Inc.)
Some of the topics to be covered will be:
- A brief introduction of the acquisitions in Hoss Motorsports and Highline Hydrogen Hybrids and how they relate to the business and corporate strategy
- Current and future products / projects being developed to be sold in the market, along with advantages over pre-existing products
- Eligibility of future government grants / applications
- Number of shares issued in order to fund the acquisitions
- The possibility of shares being bought back once revenues are realized
- Near and long term plans for the factory about to be finalized in Dumas, Arkansas
- Discussion on how long before alternative fuel cell technology is embraced as a regular standard
- Key markets being targeted initially, potential partnerships being established
- A brief introduction of the Commercial Design Project (SCDP)
The interview should be expected to be taking place sometime within the next couple of days.
-------------------- Please buy responsibly. Do not take my word on any stock. Do your own research. Thanks & good luck! Posts: 439 | From: USA | Registered: Jul 2009
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Hot news from Covington investments on SYMW 20-Aug-09 12:22 am AUG 19th 2009 9:27 PM
What Stockhaven didn't know was that our managing director over here at Covington investments Scott Clark recently was not so secretive about the progress over at Sympowerco. The fact is the CEO of Sympowerco John Davenport recently met with Mr.Clark and not only verified the available funding but also verified that the Electrolyte Direct Methanol Fuel Cell sparked more than just interest at a recent meeting with members of the Cleantech Group. Affiliates of the Cleantech Group happen to have upcoming meetings starting september with the CEO of Ford Motor Company Alan Mulally. With the recent news about Sympowerco and latest development in the companies technology the need to make it public is irrelevant considering the companies main objective. Earlier today I myself spoke to Mr.Davenport and noticed he was very confident although conservative with speaking about the companies future. I myself am excited to see the next couple weeks considering the reviews and will leave my contact info. for question and answer.
Covington Group of Funds
200 Front Street West
Suite 3003
Toronto, ON
M5V 3K2
(519)992-5194
Established in 1994, Covington Capital is one of Canada’s largest providers of venture capital investment funds. Managing over $400 million in assets, Covington provides Canadians with the ability to access venture capital investment opportunities via their suite of retail venture capital product offerings.
Through our retail product offerings, Covington invests in privately held enterprises with the objective of growing the business toward an eventual exit (typically through an initial public offering, merger, or acquisition) seeking to provide a strong return over the initial investment. With an extensive network of industry professionals, strategic partners, and comprehensive strategic and operational expertise, Covington is one of the top choices for entrepreneurs seeking a venture capital partner.
Sentiment : Buy
-------------------- Please buy responsibly. Do not take my word on any stock. Do your own research. Thanks & good luck! Posts: 439 | From: USA | Registered: Jul 2009
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posted
i like how this moved up strong on just chart indicators alone, shows its a textbook stock
Posts: 3257 | From: usa | Registered: Nov 2008
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