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EMOT less than 49M float ~ PATENT NEWS!:

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BCNstocks   Tuesday, 05/14/13 11:45:06 AM
Re: stockseekerok post# 3007165
Post # of 3516068 
EMOT less than 49M float ~ PATENT NEWS!:

Quote:
EMOT News - Electric Moto Announces U.S. Government Approval Of Second Patent
Last update: 5/14/2013 10:00:00
AMCONGERS, N.Y., May 14, 2013 /PRNewswire via COMTEX/ -- Electric Moto Corporation, Inc. (otcmarkets/pink sheets:EMOT) announced today that it had received official notification from the U.S. Patent Office that a second application "has been examined and is allowed for issuance as a patent." Brian Belton, Director of R&D for EMOT, explained that this is the second of the innovations that United States Alternative Energy, LLC. licensed exclusively to EMOT. According to Belton, "The patent applications began almost three years ago. EMOT provided the capital for the technology, as well as for the various business services--- legal and accounting--- that were necessary." Belton went on to describe this patent as applicable to the configuration and type of batteries that would be used with electric motors, one of the most significant areas of innovation in the evolution of electric vehicles. "The power system covered by this patent will increase length of battery life, increase longevity between charges, and greatly enhance top end power. These are among the most important factors that separate one electric vehicle from all the others." The prior patent was for a device that significantly increased the cooling capacity of the vehicles, which is additionally critical in enhancing the performance and longevity of electric motors and energy systems. Robert J. Lancellotti, Chairman and Acting CEO of EMOT: "We are pleased to hear of the U.S. Patent Office's decision. We believe that the patents will help us to complete strategic affiliations with like-minded individuals and companies, and we fully expect to grow Electric Moto Corporation as a result." About EMOT: EMOT is a leading technology and lifestyle company dedicated to the development, manufacturing and distribution of zero-emission vehicles and related products. The 72 Volt Dual Sport Gen 1 Electric Motorcycle, and its Gen 2 successor, lead the charge of EMOT's "Green vehicles," along with its "pit bike," commuter motorcycle, scooter, electric


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