GMC Holding Corporation (fka GMCC)

[shortbutlong]

Press Release Source: GMC Holding Corp.


GMC Holding Corp. Announces Pending Asset Sale
Wednesday February 8, 1:13 pm ET


ORLANDO, Fla., Feb. 8 /PRNewswire-FirstCall/ -- GMC Holding Corp. (OTC Pink Sheets: GMCC - News) announced today the opening of negotiations with multiple corporate entities who wish to acquire the exclusive rights of its REMAT(TM) "cold motor" technology. "Cold motor" is defined as motors that run at 140 degrees Fahrenheit or less at full load.
Because of the sensitive nature of the technology, negotiations and participants, GMCC is not at liberty to provide details at this time. GMCC can confirm the entities include S&P 500 corporations. Preliminary negotiations indicate a transaction in the $350-$500 million range. GMCC intends to allocate 96% of the revenue realized from the sale of the REMAT(TM) asset as income directly to its shareholders. The remaining income will be maintained in GMCC for ongoing acquisition and capitalization of new technologies, which are complimentary to the REMAT(TM) line.

Until the close of negotiations, GMCC will aggressively pursue the development of its REMAT product expanding its diversity in the energy arena including the production of the highest efficiency generator known today. As of January 31, 2006, the company's share structure is as follows:


Authorized Shares = 100,000,000
Outstanding Shares = 60,000,000
Restricted Shares = 50,000,000 (Approx.)
Public Float = 10,000,000 (Approx.)

Safe Harbor
Statements contained in this release that are not strictly historical are "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements are made based on information available as of the date hereof, and the company assumes no obligation to update such forward-looking statements. Editors and investors are cautioned that such forward-looking statements invoke risk and uncertainties, and the company's actual results may differ from these forward- looking statements. Such risks and uncertainties include but are not limited to demand for the company's products and services, our ability to continue to develop markets, general economic conditions, our ability to secure additional financing for the company and other factors that may be more fully described in reports to shareholders and periodic filings with the Securities and Exchange Commission.

[starboy]

OT: Thanks TechKim, will get busy on DD for BSIC.

Right now I am focused on GTE's most intense situation to date.

Have no idea what is going down with GMC. Guess the technology just isn't there to be exploited in a profitable manner or the stock would have exploded with certified results.

Thanks for touching base, still have you personmarked and follow your posts...Best from here.

[TechKim]

StarBoy! load up on BSIC, it will rock. North Dakota they found the pay zone, the rial formation, just above the bakken, so now its even cheaper to drill and oil is flowing. stay tuned for the ride. Montana is kicking a$$ also
http://finance.yahoo.com/q?s=bsic.ob&d=v1

[TechKim]

Chorus Motors Awarded Patents on Motors and Hydraulic Drives
Tuesday January 4, 2005 3:41 pm ET


GIBRALTAR--(MARKET WIRE)--Jan 4, 2005 -- Chorus Motors plc (Other OTC:CHOMF.PK - News) today received an additional patent covering its Meshcon electric motor technology and a patent for a new technology that will reduce costs and increase the efficiency of hydraulic drive systems. The new patents were issued today by the U.S. Patent and Trademark Office and reflect Chorus' continuing intensive research and development work on motor and drive technologies.
ADVERTISEMENT


The first patent, "Mesh Connected Electrical Rotating Machine with Span Changing," No. 6,838,791, issued today by the U.S. Patent and Trademark Office, enables a motor to provide high torque overload at low speeds while also providing sufficient voltage for high-speed operations.

It describes an AC induction motor with variable impedance in which windings are connected in a mesh so that harmonic current can be supplied in a way that alters and controls the volts/Hertz ratios in the winding spans. This enables a motor drive to exploit previously unobtainable overload capabilities of a motor and produce significantly better performance.

The second patent issued today, "Polyphase Hydraulic Drive System," No. 6,837,141, describes an improved hydraulic drive system that eliminates the need for hydraulic valves. It enables an input drive system to be connected directly to an output drive system, without the need for hydraulic valves. The invention will permit reduced complexity, cost, and maintenance of hydraulic drive systems, while also improving reliability and efficiency.

Chorus Motors President Isaiah Cox said: "Our Poly-Hydro technology is in its infancy and we're still considering the implications and the best applications for it. But any technology that can provide a high performance geared system for hydraulics without the use of expensive hydraulic valves must surely have a bright future in today's cost-challenged industrial world."

About Chorus Motors

Chorus Motors plc (Other OTC:CHOMF.PK - News) is a technology development company that is a majority-owned subsidiary of Borealis Exploration Limited (Other OTC:BOREF.PK - News). Chorus has developed the proprietary Chorus® Star™ and Chorus® Meshcon™ electric motor technologies, which offer substantial performance improvements over comparable motor and drive systems. The Chorus systems produce high torque at start-up speeds and are ideal for traction applications such as automobiles, trucks, locomotives, and ships. Their advantages enable several potentially innovative applications in aerospace. For more information, see www.chorusmotors.gi.



Contact:
For more information, contact:

Chris Bourne
Head of Public Relations
Chorus Motors plc
email: [e-mail]
Tel: (London) [phone]
Fax: [phone]
http://www.chorusmotors.gi



--------------------------------------------------------------------------------
Source: Chorus Motors plc

[TechKim]

Hey StarBoy! This stock is down like 78% since we first started to watch it. Was a $1.80 then. I still do not plan on buying into it even at this discounted price.

I would have to wonder why it is at this price first?

[chipotle_pickle]

So what happened Bob?

[bobrainey300]

I no longer believe ANYBODY associated with this company.

[TechKim]

Totally exciting StarBoy! I got an urge!

[TechKim]

Whats up with these frequent visitors to the website?
Oddly StarBoy for anyone to claim that. How do they know?

http://www.rematinc.com/countdown.html

[TechKim]

sold HOM and Bsic recently for some real money for a change.
Paid me back for some that dipped I am holding. Finding this market not all that amusing of late. Might have to get it serious for a while. Energy prices really wacked the global markets when all will be said and done. I unloaded my very big holding in oppax accordingly due to energy costs. Nothing good is going to come about from these high energy prices.

Cash may be the best investment if inflation keeps interest rates on the rise.

By the way my small picks never been that rich. Holding for the run might get to be the rich part as monies get tied up.

[starboy]

OT: Let's see, you and I kinda drifted apart on the bb's because though I followed your posts for a while, I couldn't afford your picks.

I've been bottom fishing all summer, lookin' for the best quality I could find down there, and trying to catch a run here and there as well.

Right now I am in a conflagration called IDWS. Up 400%, the stock, in a couple of weeks. The board there had a few resident bashers who the longs and faithful duked it out with, then tonight I came home from work and there were 277 posts!!!

A whole new gang of bashers are on the scene and it was a brawl.

The skinny is that IDWS is purportedly paying a .87 cent dividend, (closed today at .56) and the ex-dividend date is due within 48 hours.

They say they have sold their Homeland Security division for 41.5 MM and the BOD and CEO are paying 100% to the shareholders, (themselves being the largest group thereof) a Special Dividend.

Some say it will happen, some say it won't. It's a wild scene.

The company also has a website portal, www.995ad.com which they are spinning off to its own symbol. Upon completion of the spinoff, IDWS shareholders will get one share of each company.

Also, IDWS has applied for a new symbol and CUSPID, which might create a short squeeze on the stock when the call for certs comes.

Made some money on PECB, dumped some 'dead money' stocks and have some good ones I'm in that I like.

Learned a lot about charting and candles at Stock Analyzer's bb. And, have met many, many good people to exchange views with and got some great tips, and have given a few myself...

Well, you asked, so there it is! LOL! And you?

[TechKim]

Where ya been Starboy! I was just getting use to having you around!

[bartermania]

Big volume today. Was that short covering or what? Accumulation/Distribution went way up today. Very interesting.

[bobrainey300]

edit

[Thinman13]

A new unofficial REMAT website: www.rematpower.com

[bartermania]

GMCC is still on the NASDAQ REG SHO naked short threshold list: http://www.nasdaqtrader.com/aspx/regsho.aspx

Shorters are likely pushing the share price down. IMO...the US markets are doing the most scamming...of investors and co.'s...by allowing shorting to be legal (I object to all forms of shorting stocks). The US markets are not transparent...and naked shorting continues to occur (daily would probably be quite accurate)...and so, investors left to wonder and guess at the actual positions taken in or against any US stock. This set-up is totally unfair and rigged for those running it and for thoses in the know...etc.... It's completely against those who are out of the loop.

A very sad state of affairs.

[ChrisJP]

ok -- let's watch the share price.

Watch the share price of HISC while your at it. It could be approaching buying range soon.

Then again, maybe gold stocks like DROOY or alternative energy stocks like CPST and RTK will continue to do well.

Chris

[bartermania]

Perpetual motion...was brought up on this board by folks who were pickin' on GMCC. I never saw that term used by the company itself or by me.

Whatever.

I watch the share price.

The US market are not transparent. Shorting can take down any stock's pps. Naked shorting...makes matters worse.

[ChrisJP]

Shorts seem to get loudest IMO...just before or as they are trying to cover.

Here's another one for ya:

All these new names on this board suggest the seeds of a pump are being planted.

Can't wait to see what PR Pump is used to get this scam going.

The "Perpetual Motion" story didn't stop GMCC from going from 3 to 1, lol.

Chris

[Thinman13]

TechKim- There's no catch. ANY power range is applicable according to the PR's and according to the Investor Relations person, Dan York. Call Mr. York and talk to him. He will answer your questions.

[Thinman13]

I totally agree bartermania. I've seen it happen many times and try to use it as a buying indicator.

[starboy]

Yah, where is the progress report for this engine? Any news whatsoever? Let me know TechKim, if anything transpires here. Watching too many bb's to board mark it.

OT: TK, if you are interested in a subpenny play, read the PR's at quotemedia.com for IDTA. Most interesting. CEO has the right product for the right niche and is here in the USA on a mission, to say the least. Been holding its own, after a huge gain of 150% last Friday, on zero news.

Don't see that much, so I am recommending all the good/cool people I know to take time to read those posts from 4.18.05 to present. There's not all that many and they are relatively brief.

Think you'll find it worth your time.

Best from here.

BTW: I follow your daily posts briefly, even though we're not much on the same bb's, except this one that piqued our interest a ways back...

[TechKim]

so it is good for 10HP or less motors. Thats the catch here I take it?

"is pleased to announce its first high RPM titanium REMAT motor. Technical evaluation is underway with validation by an independent testing lab. This specific motor has multiple applications to compete with electric and fuel powered motors of ten horsepower or less. Our first target market will be the golf cart and utility vehicle manufacturers"

[TechKim]

Lets get on with it anyhow!

[bartermania]

Shorts seem to get loudest IMO...just before or as they are trying to cover.

[Thinman13]

It appears the shorts (HDSN and/or others) are trying to drive the price down right now. I could not resist picking up some more at $1.01 today and I will be strongly inclined to ad more to my modest position if they knock us down below a dollar on the Ask. I have no problems averageing down with GMCC. I think the shorts are going to eat it on this one. Just a hunch.

[bartermania]

It's time for the pps of GMCC to rise.

[bartermania]

Yes, this is a much better PR/NR IMO.

[bobrainey300]

GMC Holding Corp. Announces New Investor Relations Contact
Sep 13, 2005 11:13:00 AM

ORLANDO, Fla., Sept. 13 /PRNewswire-FirstCall/ -- GMC Holding Corp. (OTC Pink Sheets: GMCC) announces the selection of Dan York as interim Investor Relations representative. "We have an immediate need for clear and precise dissemination of information to the public and we feel that there is no better qualified candidate for this position at this time. Mr. York has been engaged in electronic circuit designs since his youth. In the 1970s he hand-built working prototypes of personal computers and an actual working orbiting satellite signal repeater that functioned until orbital decay. He knows many of the pioneers in the field of super efficient electric motor experimentation and has an outstanding comprehension of their varied approaches to this endeavor. As a member of our Board of Advisors, he is well versed in the technology of our design," said Bruce McKenzie, President of GMC Holdings.

Mr. York commented, "I am pleased to accept this position in order to help the investing public understand the importance of this innovative approach to the need for reliable cheap energy. I can see the day when every motor and power source are replaced by this scalable fuel-less and environmentally friendly technology."

In our announcement Sept. 8, 2005, we indicated two markets for the first application of our technology -- golf carts and utility vehicles. By no means are these our only markets to consider, says Mr. York. We can scale these motors to be as small as a heart pacemaker and large enough to power a city. They can be constructed as small fractional horsepower motors to thousands of horsepower. We have identified hundreds of markets for licensing worldwide. We will enter these markets by manufacturing internally and/or licensing the REMAT motor technology to various existing motor manufacturers of all possible motor sizes limited only by the manufacturing capability of the licensee.

Mr. York is available for questions via email [e-mail] and during normal business hours by phone: [phone].

Safe Harbor

Statements contained in this release that are not strictly historical are "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements are made based on information available as of the date hereof, and the company assumes no obligation to update such forward-looking statements. Editors and investors are cautioned that such forward-looking statements invoke risks and uncertainties, and the company's actual results may differ from these forward- looking statements. Such risks and uncertainties include but are not limited to demand for the company's products and services, our ability to continue to develop markets, general economic conditions, our ability to secure additional financing for the company and other factors that may be more fully described in reports to shareholders and periodic filings with the Securities and Exchange Commission.

SOURCE GMC Holding Corporation

[bobrainey300]

much better PR today....good luck to shareholders here...I am not one again yet.

[bartermania]

Then again...since, I just looked at the charts I just put in the Ibox...this may be the near-term bottom. Don't be surprised if, it is. I will be watching very closely.

[bartermania]

Yeah, in a way it is kind of silly...but, it is still positive. It did slow the pps decline for today at least though.

I'm still watching the pps, trading, and news. I hope GMCC becomes huge. I just want my timing to be good. I'm not sure this is the near-term bottom yet...though it could be.

Good to hear from ya!

[bobrainey300]

lol bartermania, can you freakin' believe this PR? Golf carts???????

What happened to changing the world? This is pitiful, imho.

[bartermania]

8 boardmarks here. eom.

[bobrainey300]

Thanks goodness, REMAT is finally here to save the world from its addiction to fossil fuels.

ENERGY INDEPENDENCE IS HERE!! My company sources told me all along that GMC Holdings is working with the government, to make sure that the REMAT benefits America and Americans first. Saudi Arabia can now kiss our collective behinds!!

GMC Holdings has wisely chosen REMAT's first application. The choice was obvious, and we will now return the United States to its role as the technology leader on the planet.

We are going to replace all the electric golf carts!! Great job guys!!

[bobrainey300]

PR- GMC Holding Corp. Announces Public Demonstration Tours of Its REMAT Motors
Thursday September 8, 11:58 am ET

ORLANDO, Fla., Sept. 8 /PRNewswire-FirstCall/ -- GMC Holding Corp. (OTC Pink Sheets: GMCC - News) is pleased to announce its first high RPM titanium REMAT motor. Technical evaluation is underway with validation by an independent testing lab. This specific motor has multiple applications to compete with electric and fuel powered motors of ten horsepower or less. Our first target market will be the golf cart and utility vehicle manufacturers.

All high-efficient REMAT motors qualify as "cold motor technology" (140 degrees F or less operating temperature).

A mobile lab is being constructed and equipped to demonstrate the various REMAT motors to qualified licensees and the public. Several capital financing options are being reviewed for product manufacture and distribution.

A major internal reorganization has been finalized, including the termination of several independent consultants, by completing the purchase of Jamestown Advisory Group whose function was to serve as worldwide distributor of GMC's REMAT technology.

Safe Harbor

Statements contained in this release that are not strictly historical are "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements are made based on information available as of the date hereof, and the company assumes no obligation to update such forward-looking statements. Editors and investors are cautioned that such forward-looking statements invoke risk and uncertainties, and the company's actual results may differ from these forward- looking statements. Such risks and uncertainties include but are not limited to demand for the company's products and services, our ability to continue to develop markets, general economic conditions, our ability to secure additional financing for the company and other factors that may be more fully described in reports to shareholders and periodic filings with the Securities and Exchange Commission.

Contact: Bruce McKenzie, President of GMC Holding Corp., at 1-407-834-9400

[bobrainey300]

I find that VERY interesting. Thanks for posting.

[Thinman13]

You will find this interesting... http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2005/09/07/BUG9NEJD3L1.DTL

[starboy]

Ah the mystery of the mighty engine that should...continues. I'll be watching. GLTA

[bobrainey300]

lol, bartermania, if this engine is for real, GMCC will make BCIT look like a minor event.

[bartermania]

Thanks again. I'll see what I can do. I moderate around 15 iHub boards already. But, even if I'm just an assistant I can still change the board if needed.


I'm watching with interest. Too bad this wasn't trading like BCIT has over the past few weeks.

Later.

[bobrainey300]

Bartermania, I don't know if you have notice, but you are the only moderator on this board now. I asked Matt to remove me, and I think you should pm Matt so you can be the head mod here.

I don't have the ability to Private Message back and forth with you, but thanks for the kind comments, and I will continue to try to find answers about GMCC and closely watch this stock.

[bobrainey300]

There are two main ways I can interpret the call I had with GMC Holdings.

Negative- we haven't been able to get sustained greater than unity performance, and we are back to the drawing board.

Positive- we are working with the government, who is managing the project so America and Americans benefit from this technology first.

These two conclusions are based on my conversations with GMC affiliated people, and I don't have any idea which is more correct.

[bobrainey300]

update- William Windsor is no longer with the company, and according to the GMC Holdings office, "there are a lot of things going on but we are not at liberty to talk about them right now".

[starboy]

As are we all with what seems to be a very obscure and unknowable situation at the current time. Watching for any serious development.

[bartermania]

All good things take time. I'm on the sidelines watching. I'm still very interested.

[TechKim]

I post like a concerned investor! The legitimacy of the stock has nothing to do with someone trying to steal the knowledge of the generator. A trillion dollar market device. You do not find this unusual!

[bartermania]

You assume this device and company are well know...they are not.

You also assume that no one would try to steal said knowledge or device. I disagree here too.

You post like a short...IMO.

[TechKim]

If this product generator was so wonderfull, especially during this energy crisis. There would be no shares to buy.

Sure very odd!

[Gulfbreeze]

I will watch also... Just the very small chance it could be true is worth keeping your eye on it...
You never know...