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GM all. Special thanks to Chad for his efforts at HTI and for his service to our country along with rest of my fellow vets. May God Bless and keep our active troups safe and out of harms way.
Definitely agree, I've been searching for almost 3 years and have not found any units that came close in cost or verified performance. HTI had verified performance by Sensor's Inc. ( an approved EPA testing facility ) 2 years ago without any of the new improvements. IMO, this EPA stamp of approval now is just a formality for marketing purposes. Trust me, Bill Cunetta would not have come on board without any third party verification.
As for the HOSS, this is what happened back in 2010. I believe they are definitely going about things in the proper manner.
Chinese ATVs and Motorcycles Flout Emissions law
U.S. EPA may impose fines on four of China’s biggest makers.
by Ken Zino on Jun.30, 2010
This is the first time EPA has voided certificates of conformity for off-road or all-terrain vehicles.
The U.S. Environmental Protection Agency (EPA) today withdrew its approval of the import and sale of 200,000 gas-powered off-road motorcycles and all-terrain vehicles from China.
The agency alleges that tailpipe emissions information was either incomplete or falsified entirely. It is just the latest action that casts doubt on the quality or safety of Chinese products or the integrity of the firms that produce them.
This is the first time EPA has voided certificates of conformity for off-road or all-terrain vehicles. Moreover, it is only the second time the agency has done so for any type of vehicle.
EPA says it is considering an enforcement action under the Clean Air Act, which could lead to “significant financial penalties” against the businesses that manufactured or imported these types of recreational vehicles. The amount is still under consideration, an EPA official told me.
The revocation comes as the Obama Administration is desperately trying to prevent the U.S. Congress from introducing bills on reforming the Chinese Yuan or Renminbi (RMB), long an undervalued currency, which allows cheep Chinese goods to displace U.S. made ones. In an election year, and given the ongoing Great Recession, such bills – if introduced – will find widespread non-partisan support, and complicate the U.S.’s relationship with China, which holds large amounts of U.S. Treasury debt.
Back in May, EPA fined Pep Boys $5 million for importing non-compliant motorcycles, recreational vehicles and generators manufactured in China. (See Pep Boys Fined $5 Million for Clean Air Violations) More than 35 different Chinese manufacturers were building illegal vehicles and engines in that case.
Foreign Intrigue!
In the latest case of the Chinese flouting U.S. law, EPA issued certificates in 2006 and 2007 to the U.S. counterparts of four of China’s largest manufacturers including Hensim USA (City of Industry, Calif.), Loncin USA (Hayward, Calif.), Peace Industry Group (Norcross, Ga.), and Seaseng (Pomona, Calif.).
The certificates were issued based on applications compiled by their consultant, MotorScience Enterprise. EPA believes MotorScience Enterprise intentionally submitted false or incomplete emissions information.
The Chinese manufacturers are Chongqing Hensim Group Co., Chongqing Longting Power Equipment Co., Zhejiang Peace Industry and Trade Co., and Zhejiang Chisheng Industry and Trading Co.
All vehicles imported or manufactured in the United States are required to have certificates of conformity, which are issued by EPA. To obtain a certificate, a manufacturer or importer must submit an application that describes the vehicle and its emission control system, and provide emissions data that demonstrates that the vehicle will meet federal emission standards for certain pollutants, including nitrogen oxides (NOx) and total hydrocarbons. EPA alleges that this information was falsified.
Why it took the agency so long to investigate is unknown.
“Because the manufacturers failed to properly test the emissions from their own products, EPA cannot determine whether the vehicles meet EPA emission standards. Without proper emission controls, recreational vehicles can emit substantially more pollution than allowable under EPA standards,” EPA said in a statement.
Volatile organic compounds and NOx emissions contribute to the formation of ground-level ozone, or smog. In addition, exposure to even low levels of ozone can cause respiratory problems, and repeated exposure can aggravate pre-existing respiratory diseases.
The California Air Resources Board, which issued executive orders similar to EPA’s certificates of conformity, has also voided its executive orders covering the same vehicles that were sold in California.
Today’s action affects the companies that manufactured and imported the vehicles. A consumer who owns a model that was covered by these voided certificates is not responsible for these companies’ wrongdoing and can continue to use the vehic
So now the clock ticks away, waiting for that first chubby PR. Folks, it's not a matter of IF anymore, the trash has already been taken out of the equation. It's just a matter of WHEN. This is based on my DD. Trust only your own.
I don't believe Exxon, BP, and Chevron ever needed that money to begin with. It sure would have been helpful for smaller oil companies that went bankrupt when he decided to shut down the Gulf.
Up 10 clicks in the first hour. I wonder how much money will be left on the table today by weak hands bailing.
For new eyes on HTI:
FARMINGTON, AR--(Marketwire - June 5, 2012) - Highline Technical Innovations, Inc. (PINKSHEETS: HLNT), the creator of a uniquely engineered hydrogen system proven successful in the marine and agricultural industries, announced today its Hy-Impact™ line of Intelligent Hydrogen Systems is now commercially available for all industries utilizing diesel combustion engines. Through a partnership with Alternative Hydrogen Systems Group Sales & Marketing, LLC, the two entities have merged to form Alternative Hydrogen Solutions™, a company dedicated to bringing these revolutionary products to market. For industries utilizing diesel combustion engines, the presence and availability of AHS's Intelligent Hydrogen Systems means a dramatic reduction in fuel costs and more environmentally friendly engines with radically minimized harmful emissions.
OUR PRODUCT
The Hy-Impact system increases fuel economy between 9 and 23% and can reduce diesel exhaust fluid (DEF) usage by up to 40%. The system runs on fewer than 3 amps of power and requires only one cup of distilled water every 900 operating hours. The distinguishing characteristic of AHS's Hy-Impact product line of Intelligent Hydrogen Systems, compared to hydrogen devices of the past, according to Charlton Coats, CEO of Alternative Hydrogen Solutions, is "the fact that we aren't using hydrogen as a fuel. Instead we are using it as a catalyst to help burn the fuel more completely. In addition, we employ three patent-pending pieces of technology. Two of these regulate the exact flow of hydrogen while the other ensures no moisture enters the engine."
Hydrogen is the lightest and most abundant element in the universe. It is colorless, odorless, tasteless, non-corrosive and non-toxic to humans. An often-overlooked natural fuel resource, hydrogen contains three times the energy of natural gas of the same volume. In order to be used as a catalyst to more completely burn fuel, hydrogen is first separated from water via the process of electrolysis. When the precise required amount of hydrogen is introduced into the engine's combustion chamber, a more efficient fuel burn will result, the exhaust will run at a lower temperature, and the reduction in carbon and heat will reduce internal friction. The dramatic reduction in heat results in an increase in engine efficiency and consequently a reduction in harmful emissions.
"Put simply," explained Coats, "we are using hydrogen to completely burn the fuel in the cylinder, instead of allowing roughly 30% of fuel that otherwise would remain unburned and cause the engine to run hotter and less efficiently to ultimately then be released out into the environment in the form of harmful emissions."
"The key to our success is that we effectively control the release of the hydrogen," continued Coats. "Different engines require different levels of hydrogen in order to maximize the fuel efficiency of each. Producing hydrogen is the easy part, it is how we control and utilize the hydrogen that separates our Hy-Impact line of products from the products of other companies that attempt to use hydrogen in some form."
OUR NEW COMPANY
About Alternative Hydrogen Solutions
The Hy-Impact line of products began development in 2005. After 7 long years of research, testing, and modification, it has emerged as a unique and successful solution to the concerns posed by rising fuel prices and the environmental concerns related to harmful emissions. Alternative Hydrogen Solutions was formed in 2012, when the creators of Arkansas-based Highline Technical Innovations, joined forces with Alternative Hydrogen Systems Group Sales & Marketing, LLC, in order to bring this revolutionary product to market. The products that comprise the Hy-Impact line and their corresponding industries include: Hy-Road™ for trucking, Hy-Marine™ for maritime, Hy-Flo™ for oil, Hy- Agra™ for agriculture, Hy-Track™ for locomotive, and Hy-Drolean™ for municipality.
About Highline Technical Innovations, Inc.
HTI is a publicly traded corporation (PINKSHEETS: HLNT), dedicated to producing innovative, high quality products that are economical and good for the environment. The company maintains its main operating offices and manufacturing sites in Northwest Arkansas.
OUR PARTNERSHIPS
About Alternative Hydrogen Systems Group Sales & Marketing LLCAHSG is a privately held sales and marketing company focused on bringing groundbreaking new technologies to companies in the transportation, marine, rail, oil-service, and municipal sectors. AHSG focuses on introducing the latest in cost-saving and environmentally responsible technology to industries that rely heavily on the consumption of fossil fuels. AHSG was founded in 2011 by Bill Cunetta, a 21-year veteran of the transportation industry.
About Velociti Inc Velociti is a global provider of technology deployment services, specializing in the installation & service of a broad range of transportation and networking technology products. Velociti’s experience allows enterprise level technology consumers to maximize ROI as a result of leveraging expert, rapid deployment. Velociti clients include many Fortune 500 companies from a wide variety of market segments including transportation, retail, distribution, manufacturing, healthcare, government, education, food service and public venues. For more information visit www.velociti.com or call toll free (855)-233-7210.
Media Contact:
Layla Barbur, Velociti Inc.
913-233-7209
lbarbur@velociti.com
LaunchIt Public Relations founder and principal, Susan Fall, began focusing on the transportation industry in 1993 while employed by transportation technology pioneer, QUALCOMM. In July 2000, she started LaunchIt with the intention of remaining focused on one industry and one industry only — transportation. And particularly the role technology plays in this vital industry. Now with nearly 20 years of public relations experience, Susan is passionate in her dedication to the transportation industry and the field of public relations.
Since transportation technology – both on-board and in the management and execution of essential business processes – was relatively unknown in the early 90’s, Susan’s role has included educating the transportation media about the design, function and importance of next generation systems and solutions. Concurrently, she has been responsible for educating the mainstream and technology media about the transportation industry in general. This intensive exposure to both technology and the transportation industry is the foundation of the value that LaunchIt continues to provide today.
LaunchIt’s priority is to be a cost-effective source of public relations and marketing communications expertise. By utilizing a scalable workforce of independent contractors – who have a full understanding of transportations systems and technology solutions – LaunchIt offers full PR and marcom services at a fraction of typical agency costs.
Today, LaunchIt’s clients have access to a wide range of experience and a close association with the industry’s leading players — an advantage that is unmatched in the industry. LaunchIt’s past and current clients include industry leaders as well as start-ups, such as: Axonn, Boeing, Cadec Corporation, CARTASITE, Delphi, GeoLogic Solutions, Global 2-Way, Kaba-Mas, Maptuit, Networkcar, Pana-Pacific, Safer Corporation, SecureSeal, Transportation Costing Group and Velociti.
OUR MANUFACTURERS
Established in 1987, the AS9100 certified Delta Group Electronics, Inc., an electronics manufacturing services provider, serves customers in the defense, aerospace, telecommunications and capital equipment industries, and, according to Delta, was named by Inc. Magazine as one of the fastest growing businesses in the United States. The Hy-Impact product line will be manufactured in the 36,000 square-foot Fayetteville facility in Arkansas, the newest of Delta's four domestic facilities.
The Hy-Impact product line uses hydrogen as a catalyst to more effectively burn fuel. Hydrogen is separated from water via the process of electrolysis allowing a precise amount of hydrogen gas to be introduced into the engine's combustion chamber, creating a significantly more efficient fuel burn. Hy-Impact's patent-pending CPU technology ensures the correct amount of hydrogen is introduced, while no moisture enters the engine, resulting in an overall 9-23% increase in fuel economy and dramatically lowered harmful emissions.
Stanley J. Czeczotka, General Manager of Delta Group Electronics' Fayetteville facility stated that he and his staff "are dedicated to the highest quality production of the Hy-Impact line from the smallest electronic component on each circuit board to the final production and packaging, including 100% quality assurance and testing." He went on to say that he "is embracing a positive relationship that will benefit both companies as well as aid our fragile environment. It's a laudable goal in anyone's book."
For more information on Hy-Impact visit: www.hyimpact.com
For more information on Delta Electronics visit: www.deltagroupinc.com
Established in 1977, and ISO 9002 compliant, Technical Machining Services is an experienced manufacturer of precision parts and assemblies. TMS provides manufacturing services for Hy-Impact's unit specific PVC casings. TMS's client repertoire is comprised of a vast array of global industry leaders whose products are international household names.
TMS will work in conjunction with ISO9001/AS9100 certified Delta Group Electronics, another preferred manufacturing partner of the Hy-Impact line. Also domestically located, Delta Group Electronics is a full service Electronic Manufacturing company (EMS), specializing in aerospace, defense, and commercial industries manufacturing. Delta was previously named the preferred partner to manufacture Hy-Impact's electronics control package, assemble the units and to conduct 100% final testing on the finished product.
When asked of the events leading to the "Preferred" status of TMS, CEO of Highline Technical Innovations Inc., Chad Coats stated "...Diligent research, engineering, and countless tests led us to realize that for ultimate reliability, durability and aesthetic, Hy-Impact would work best as a one-piece unit, encased a virtually indestructible material. Funded by a joint venture with Alternative Hydrogen Systems Group Sales and Marketing LLC, Hy-Impact's casing was re-designed to be fabricated from two-inch thick PVC, machined to its final form by Technical Machining Services."
The Hy-Impact product line uses hydrogen as a catalyst to more effectively burn fuel. Hydrogen is separated from water via the process of electrolysis allowing a precise amount of hydrogen gas to be introduced into the engine's combustion chamber, creating a significantly more efficient fuel burn. Hy-Impact's patent-pending CPU technology ensures the correct amount of hydrogen is introduced, while preventing any moisture from entering the engine, which results in an overall 9-23% increase in fuel economy and dramatically lowered harmful emissions.
The above factual information is for new investors to observe and do further DD. I realize this may take more effort than to follow unfounded claims from less educated posters, but feel confident that you will come to the same conclusion with some of us that have been following this company for over 2 years. HLNT is a definite WINNER and is about to burst onto the scene. IMHO
Your answer "SHAM" surprises me Stylin. I figured that you could come up with at least one legitimate reason. I can think of at least (3) myself, without doing a whole lot of DD. #1. It's pretty well know the Oil Industry has attempted to suppress any technology that may reduce consumption or profits. #2. The unit cost of hydrogen booster units in the past have not warranted car mfg's to obtain a decent ROI, based on normal annual driving mileage. #3. No one, until now, has developed a CPU to easily adjust and maintain hydrogen flow in order to produce a consistant fuel savings. As for the auto industry embracing on- board hydrogen, I believe they may be still sitting on the fence post, but for all industries that consume large annual supplies of diesel and gasoline on an individual application basis, HTI has not only provided them with $$$$ in fuel savings at a much desireable cost but also provided them an inexpensive way to meet the new emmisions standards they face this coming year. But then again, what do I know ? You and a couple others seem to have it all summed up in one word. IMO, LOL
Hope you all don't mind, I've been doing a little early Christmas shopping. I'd like to thank all the weak hands for selling me shares at these extremely low sale prices. Just wish I had more to spend. HO HO HO !
Is that you selling the 500,000 shares at .0117. ?
I must of tweaked somebody. That sure didn't take long !!!!
Longs are smiling (:) and accumulating. Short term investors out for a fast buck: not so much. (:( IMO
No crystal ball here. Only Chad, Bill and the new CFO would be able to answer that.
To allow the PPS to drop this far without any word from the company makes me think that this is planned walk down which might result in a buy back. Just sayin, that if you're attempting to promote conditions to attract new investors, HLNT is "GOING THE WRONG WAY" IMO
You and me Zack. Just wish I had more powder today.
As long as Casa, Carn, Niko, LG, and a few others stick around, my confidence remains in tact. Never doubted the product's potential, only the past leadership. Now that Cunetta's on board, I see nothing but company success ahead. IMO
Tell me it ain't so Mug. That would take my 90 foot yacht with Hooter girl attendants down to a 60 foot with a 1970 beauty pageant contestant that can't cook.!!!
Just another thought. With EPA certification, who has the inside track for supplying hydrogen boosters for all government vehicles. I do believe they own a few. Army, Navy, Marines, Air Force, Coast Guard, Post Office, fat cat politicians, and numerous, numerous service organizations, etc., etc., etc. GO HLNT !!!!
I hear you loud and clear. I'm still investing but becoming more unhappy as the weeks go by. Even an old dog could use a bone thrown his way once in a while.
Reminder of who our partners are.
Partners
LaunchIt Public Relations & Alternative Hydrogen Solutions
Alternative Hydrogen Solutions retains the services of transportation technology PR experts LaunchIt Public Relations, a firm led by transportation industry veteran Susan Fall. The purpose of this collaboration is to strategically brand and introduce the Hy-Impact™ line of fuel and emissions reducing products to the wide spectrum of industries employing diesel combustion engines.
Located in San Diego, LaunchIt has over 20 years of experience and specializes in representing transportation technology companies. LaunchIt will maintain sole responsibility for the Hy-Impact branding strategy and relevant marketing campaigns for Alternative Hydrogen Solutions.
For more information, visit: www.launchitpr.com
--------------------------------------------------------------------------------
Velociti & Alternative Hydrogen Solutions
Alternative Hydrogen Solutions maintains a strategic partnership with global technology deployment specialists Velociti, Inc. For effective, timely, reliable, and professional installation and post-installation services, Velociti was the premium choice.
Velociti provides rapid, world- class deployment expertise for all verticals and applications of the Hy-Impact system.
For more information, visit: www.velociti.com
--------------------------------------------------------------------------------
Delta Group Electronics Inc. & Alternative Hydrogen Solutions
The manufacture of electronic components and the assembly and testing of units is provided by Delta Group Electronics Inc., an ISO9001/AS9100 certified manufacturer. Located in Fayetteville, Arkansas, Hy-Impact’s 36,000 sq. foot manufacturing facility is the newest of Delta Group Electronics’ four US facilities.
Delta Group Electronics Inc. is a full service Electronic Manufacturing Services Company (EMS) specializing in aerospace, defense, and commercial industries manufacturing.
For more information, visit: www.deltagroupinc.com
--------------------------------------------------------------------------------
Technical Machining Services & Alternative Hydrogen Solutions
Hy-Impact’s unit specific PVC casings are manufactured by Technical Machining Services, a domestically located ISO 9002 compliant manufacturer. Established in 1977, TMS is located in Rogers, Arkansas.
TMS is a manufacturer of precision metal parts and assemblies. Their client repertoire is comprised of a vast array of global industry leaders and their production capabilities meet the needs of products that are international household names.
For more information, visit: www.tms-inc.us
Do you think that little 36,000 sq ft facility will be able to handle the initial demand ? LOL
No panic here guys. I just hit the ask for 50k and it jumped up 6 ticks. Today = Low volume = large MM manipulation opportunity at very little cost. For Longs = big opportunity to accumulate more bargain basement shares.
With a Hy-Impact unit installed to my diesel truck, I don't need no stinkin DEF. !!!!! IMO
Hope all is well. Just got back in time to collect another 75K shares of HLNT at bargain basement prices. Thank you to who ever sold them to me at ask.
Sure hope Bill and Chad have a "TREAT" for us this week.
Thanks Dandy. Very interesting report. With a U.S. containing a tremendous supply of natural gas, I see this technology as the front runner of the future along with electric. Once the infrastucture is in place, I should be able to again buy fuel equivalent to .24 a gallon. Gee, I wonder if that would give the U.S. a bit of a competitive advantage once again in Manufacturing ? How ya like them apples China ? LOL GO HLNT !!!
I was looking at the same show myself Rook. Thought this would have been a good seminar to send one of their tech's to:
AVI - Electronic Computer Controls for Diesel Techs
Session Number
Session Date/Time Monday, 10/29/2012 02:00 PM - 05:00 PM
Room Number Room Galileo 906
Session Introduction
Session Description This class will cover the rapidly changing rules, regulations, and new components that are being added to HD diesel engines. We will cover the new 2012 emission's rules and devices--this includes DPF, EGR, SCR and Regeneration for components along with HD On Board Diagnostics. We will also discuss J1939 networks and how they communicate, along with codes, monitors, misfires, and more
Speakers Jim Wilson
SessionType Description Learning Forum (EDU)
The list of members and attendee's is quite impressive.
I see one thing that Freightliner doesn't mention which takes place in 2014. That's the new EPA emissions requirements. Just another huge opportunity for HTI/AHS to work with OEM's to have their new engines come off the assembly line with HY-Impact systems already attached. New Engines, Retrofit's on current engines. Planes, trains, automobiles, boats, stationary engines, trucks, tractors, Ag equipment, etc. etc. etc. $$$$$$$$$$$$$$$$$
This is California's take on the subject:
Multi-Regulation Summary (MRS)
Requirements for Diesel Truck and Equipment Owners
All owners of diesel trucks, buses, trailers and transport refrigeration units, or “reefers,” that operate in California, are required to take steps to reduce air pollution. Reducing emissions from existing equipment is necessary to meet federally imposed clean air standards and to reduce the adverse health effects from pollution. Funding opportunities may also be available to lower emissions earlier than required. This document summarizes requirements and key dates for upgrading existing equipment:
FUNDING OPPORTUNITIES
Grants are available to help fleets and individuals comply with California regulations earlier than is required. Loan assistance may also be available for small businesses with vehicles that operate at least 50 percent of the time in California to help purchase trucks, aerodynamic trailers, PM filters, aerodynamic retrofits or low-rolling resistance tires. Equipment owners are encouraged to apply as early as possible to maximize potential funding options.
Replacements - Up to $60,000 in grant money per vehicle may be available to replace trucks with 2003 model year or older engines, with new or used trucks that operate at least 75 percent of the time in California.
Retrofits - Up to $20,000 per vehicle is available to install PM filter exhaust retrofits. Limited grant funding is available for transport refrigeration unit retrofits or zero-emission technologies.
FOR MORE INFORMATION
Please contact ARB’s diesel hotline at 866-6DIESEL (866-634-3735) or email 8666Diesel@arb.ca.gov or visit the TruckStop website at: www.arb.ca.gov/truckstop. To obtain this document in an alternative format or language, please call (800) 242-4450.
GM all. I've pretty much given up predicting the PPS for HLNT. I will make an exception this time, and feel quite confident. First prediction is that the oil companies will shut down all their refineries along the east coast and immediately raise gas prices between .15 and .40 a gallon for at least 2 weeks. Second prediction, this will make HTI/AHS's technology look even more desireable to big time investors. Third prediction, by the end of next week HLNT = > .02 and by EOY = Priceless !!] IMO
Mug, I believe your answer may lie in Post # 14547 0r 14761. LOL
GM all. Very interesting close yesterday. I'd say manipulation at it's finest level. The question is why at this point, and why such an obvious maneuver at the EOD ? I think they might have gone a bit overboard with this last tactic. I sure hope it doesn't scare off new blood. I'm sure the longs kinda smile at the prospect of gathering a few more eggs for the basket. Which came first, the chicken or the egg ? I now know the answer, and I thank HLNT for giving it to me. Next comes the CHICKEN !!! LOL
Right you are Step. I think we're PD lucky to be invested in HLNT, and PD lucky to have such a sound IHUB board. I believe that should PD near sum things up.
Sure hope you're right about Nov 1. I have a good idea the support we'll be getting from our govt. after the election depending on who's elected. Not that we should need it by then, but with positive news from them about the technology never hurts. Wind, solar, and electric look good down the road, but we need relief NOW !! Diesel prices still above $4.30, gas prices still above $4. in my area. GO HLNT !!
I believe you may have forgotten PLANES, TRAINS AND AUTOMOBILES, BOATS, STATIONARY ENGINES, AGRICULTURE EQUIPMENT, ETC, ETC, ETC. LOL all the way to the bank !
GO HLNT !!!!!!!!!!!!!!!!!!!
Thanks DTC. Went to Overdrive web site and also found this article. Thought it was worth sharing. Does anyone want to give Eddie a call to let him know he's a day late and a dollar short. Oh well, they say competition will provide product improvements. I see this company as possible competition in about 3-5 more years.
New technology: Hydrogen-injection for fuel mileage boost
Todd Dills | September 14, 2011
A Q&A in the Richmond (Virginia) BizSense magazine published Monday revealed an interesting new technology coming into the trucking world. Related to the hydrogen fuel-cell idea, the technology has been created by Marz Industries of Ashland, Va., BizSense reporter Michael Schwartz wrote.
Marz Industries president Eddie Miller has been working on it for several years now, the concept being to “take water from a tank and electricity from the truck and create hydrogen,” Miller told Schwartz. “Then we’ll introduce that hydrogen back into the intake of the truck to improve the combustion.” Essentially, the design makes an end run around the lack of hydrogen-fueling infrastructure on the road today, utilizing readily available, well, H2O.
Marz is on the verge of testing the “Marz Ranger Fuel Efficiency System,” as it’s dubbed, in trucks now on the road, Miller told Schwartz. The company is hoping to confirm a fuel-efficiency improvement in the neighborhood of 10 percent, something fleets and owner-operators could well use given new fuel-efficiency standards coming down the pike, not to mention soaring diesel prices.
Next year you'll be able to hop on a new Road King Classic to go down to Daytona.
Imagine the "Lunch Money" bunch will draw their weekly allowance this afternoon, but don't expect that to have too much affect on the current PPS. Everyone else sitting on the fence post waiting for either the next dip to accumulate or climb upward to get the big party started. IMO
GM all. Found this article a bit interesting.
Citroen DS3 ineligible for sale in Beijing,
Changan PSA currently addressing issue
By Carmen Lee From Gasgoo.com October 19, 2012
Gasgoo.com (Shanghai October 18) - Changan PSA's new Citroën's DS3, which made its official market debut late last August, will not be available for purchase in Beijing due to environmental concerns, the National Business Daily reported today. The issue with the DS3 is that it doesn't meet Beijing's new municipal emission standards, and as such is not licensed for sale in the city.
"Currently, we are only accepting pre-orders for the DS3 (pictured)," a representative from one of the joint venture's Beijing DS Stores said, adding that there was no confirmed delivery time for the subcompact. The representative predicted that they may be able to sell the DS3 sometime in December.
According to Changan PSA Vice President Cai Jianjun, the JV is currently in the process of upgrading the DS3 to adhere to the city's emission standards. Mr. Cai anticipates the new DS3 to be available for sale later this month.
The issue with the DS3 is only limited to Beijing. Changan PSA's other DS Stores in Guangzhou, Chengdu and Nanjing all have the DS3 in stock and have also reported having sold the car.
The DS3 is Citroen's entry into the premium supermini segment and offers buyers a stylish alternative to the MINI hatchback and Alfa Romeo MiTo. It's based on the Citroen C3 but offers a more upmarket cabin and a more exciting driving experience, and is named Best Hot Hatchback in the 2011 CarBuyer Car of the Year awards. Engines range from an efficient 89bhp diesel, which is free from road-tax thanks to its low CO2 emissions, to a turbocharged 1.6-litre petrol engine with 148bhp which offers hot-hatch thrills. There's also a range-topping DS3 Racing model, but only 200 examples were sold in the UK. All variants get a spacious, stylish and luxurious cabin making the DS3 a fantastic all-rounder
Now I wonder how they can correct the problem with emissions so quickly. They must have some kind of device already to solve this problem. For the newbies, HTI designed a Wildcat specifically for the Citroen 1.6 liter engine 2 years ago. Not saying this is going to be their immediate fix, but sure makes you think about it.
Looks like either people are using their grocery money to buy shares at these low quantities or could it be that pesky waskel trying to maneuver another down turn to grab a few more cheapies ?
Maybe a name change to the "Green Stampede" might be in order due to it's major changes.
No crystal ball here Geneo. Have to wait for final disposition and aquisition.
For the record. It will not matter to HTI/AHS the result of the 123 bankruptcy and aquisition. We have the technology available today to save companies $ millions. Eventually I do see electric vehicles down the road. ( about 10 years ) And guess what ? We'll still be running diesel and gasoline engines then. GO HLNT !!
Update from yesterday. Nothing would make me happier to see JCI acquire A123, but I'm afraid that it starting to look more and more doubtful. I believe this Chinese deal was made prior to bailout. IMO
Bloomberg News
Chinese Company May Still Pursue A123 After Bankruptcy
By Bloomberg News on October 17, 2012
The Chinese auto-parts maker that previously bailed out A123 Systems Inc. (AONE), the U.S. electric-car battery maker that filed for bankruptcy protection this week, said it’s still interested in taking over the company.
Businessweek
The bankruptcy filing may turn A123 into a more attractive investment because the court proceedings would clear out legal risks, Ni Pin, president of Wanxiang Group Corp.’s U.S. operations, said in a phone interview yesterday. The automotive business assets that A123 announced this week it would sell to Johnson Controls Inc. (JCI) are separate from what Wanxiang had targeted, Ni said.
“Bankruptcy court is like a filter that lets a dirty big boy covered with mud go through it and turn himself into a clean boy,” Ni said. “Even though the boy may become smaller, he doesn’t have the obligations he used to have.”
A123, the recipient of a $249 million federal grant, said that it scrapped the previous agreement with Wanxiang as it filed for bankruptcy protection and agreed to sell its automotive business assets to Johnson Controls. The Chinese company, the nation’s biggest auto-parts maker, earlier this year agreed to provide A123 with as much as $465 million in loans and bonds convertible into an 80 percent stake.
Wanxiang’s deal was structured to protect itself against A123’s potential bankruptcy, Ni said. Still, the court proceedings may result in Wanxiang facing competing suitors, which may drive up the cost of A123, he said.
The Johnson Controls deal doesn’t clash with Wanxiang because the Chinese company is interested in all of A123, not part of its assets, Ni said.
Targeting China
The earlier deal between the Chinese company and A123, announced in August, had drawn opposition from Waltham, Massachusetts-based Representative Cliff Stearns, a Florida Republican, who cited possible national security concerns.
Ni said Wanxiang hasn’t faced any U.S. regulatory opposition and that the company may have drawn attacks from politicians because the deal came during an election year.
“In a two-party system, they have to figure out an enemy and China is the easiest one to target,” Ni said. “This is just the reality.”
The bankruptcy filing gave Republican Mitt Romney fresh ammunition to criticize President Barack Obama’s record on the economy.
“A123’s bankruptcy is yet another failure for the president’s disastrous strategy of gambling away billions of taxpayer dollars on a strategy of government-led growth that simply does not work,” Andrea Saul, a Romney campaign spokeswoman, said in an e-mailed statement this week.
‘Orderly Sale’
Federal grants and loans to companies including A123, Fisker Automotive Inc. and Tesla Motors Inc. (TSLA) have drawn scrutiny from congressional Republicans following the September 2011 bankruptcy filing of solar-panel maker Solyndra LLC two years after it received a $535 million loan guarantee from the U.S. Energy Department.
For A123, this week’s move may pave the way for an “orderly sale” of the company, it said in a statement. Johnson Controls plans to acquire A123’s automotive-business assets in a deal valued at $125 million and will provide financing of $72.5 million to support A123’s operations, according to the release.
The company listed assets of $459.8 million and debt of $376 million as of Aug. 31 in Chapter 11 documents filed in U.S. Bankruptcy Court in Wilmington, Delaware.
Financial Lifeline
A123 needed a financial lifeline after struggling with costs from a recall of batteries supplied to Fisker, the plug-in hybrid luxury carmaker. Temporary relief came in August, when the company announced a non-binding agreement with Wanxiang.
A123 Chief Executive Officer David Vieau said in this week’s statement that the company scrapped its deal with the Chinese company because of “unanticipated and significant challenges to its completion.”
Johnson Controls plans to acquire A123’s automotive business assets, including its facilities in Livonia and Romulus, Michigan. The Milwaukee-based company also will obtain A123’s cathode powder plant in China and its equity interest in Shanghai Advanced Traction Battery Systems Co., A123’s joint venture with Shanghai Automotive Industry Corp.
To contact Bloomberg News staff for this story: Tian Ying in Beijing at ytian@bloomberg.net; Dawn McCarty in Wilmington at dmccarty@bloomberg.net; Craig Trudell in Southfield, Michigan at ctrudell1@bloomberg.net
To contact the editors responsible for this story: Young-Sam Cho at ycho2@bloomberg.net; John Pickering at jpickering@bloomberg.net