Xcelplus International, Inc. (XLPI)

[carsrus]

At the Shareholders’ meeting the status with the EPA was discussed. According to our lobbyist, we have 30 of the 40-45 signatures in the Congress and 5 of 10-15 signatures in the Senate. These signatures will allow the political side of the EPA to work with the technical side of the EPA to move the approval of the Flextek unit forward. The EPA rules were changed in 2002 making a requirement of testing on 300 cars (at $25,000 per car, that’s a total of $7,500,000 and taking a period of at least 18 months).