AI
Tuesday, February 10, 2009 10:32:35 AM
GCHK just broke the 50 day MA line resistance of .45 a very bullish move imo Lets see if we can stay over the 50 MA line for the next leg up. Next resistance is .51 .60 and .74
GCHK News
GreenChek Receives First European Order - Potentially Worth 8.8 Million Euros Over Four Years
Tuesday February 10, 7:00 am ET
SAN FRANCISCO--(BUSINESS WIRE)--GreenChek Technology Inc., a leading globally focused provider of hydrogen fuel cell technology is proud to announce that it has received the first order from United Kingdom distributor, TESEL.
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TESEL expects to commence ERD installations for commercial transportation vehicles in the second quarter of 2009.
Preliminary forecasts, estimate TESEL will install 2200 units over the next four years for a total value of 8.8 Million in gross revenues.
“We are pleased to begin our European launch,” stated Lincoln Parke, President of GreenChek. “Worldwide emphasis on emission reduction technologies, Green government tax incentives, along with our “8% Fuel Saving Guarantee” is expected to continue to spur economic growth and create commercial demand for our renewable energy product line throughout Europe in 2009 and beyond.”
About GreenChek
GreenChek Technology Inc. (<a href=http://www.greenchektech.com) is traded under the symbol GCHK on the OTCBB exchange and is based in San Francisco, California. GreenChek manufactures and distributes hydrogen injection technology that is primarily focused on mobile transportation applications, as well as stationary power generation applications. GreenChek manufactures an emission reducing device simply known as the ERD™ 1.0, which can be retrofitted to any vehicle regardless of fuel source. GreenChek provides innovative world-class mobile Greenhouse Gas (GHG) emissions reduction technology, while greatly enhancing fuel economy for the mobile transportation industry. GreenChek’s Onboard Hydrogen Generation and Injection (OHGI) technology is positioned to occupy the pre-eminent position in the emerging market for emissions reduction technology and fuel economy enhancement. GreenChek has operations in the United States, Canada, Asia and Europe.
About TESEL
TESEL (Technical Environmental Solutions Europe Limited) a London, UK based company specializing in the distribution, promotions and marketing of leading environmental emissions reduction technologies for the European commercial transportation industry. <a href=http://tesel.eu" target="_blank">http://http://tesel.eu
Safe Harbor Statement
Statements in this press release regarding GreenChek’s products, services, capabilities, performance, opportunities, development and business outlook that are forward-looking involve and are subject to known and unknown risks, uncertainties and other factors, some of which are beyond GreenCheks's control and difficult to predict, and could cause actual results to differ materially from those anticipated, expressed or forecasted in the forward-looking statements. Such risks and uncertainties may include, but are not limited to: lack of operating history, transitioning from a development company to an operating company, difficulties in distinguishing GreenChek's products and services, ability to manufacture and deploy GreenChek's products, lack of or delay in market acceptance and fluctuations in customer demand, dependence on a limited number of significant customers, reliance on third party vendors and strategic partners, availability of raw materials, subassemblies and components, ability to meet future capital requirements on acceptable terms, continuing uncertainty in the emissions reduction industry and the global economy, compliance with federal and state regulatory requirements, timing, availability and success of new technology and product introductions and the other factors discussed in GreenChek's filings with the Securities and Exchange Commission.
Contact:
Windfall Communications, LLC
Trevor Justus,
GCHK News
GreenChek Receives First European Order - Potentially Worth 8.8 Million Euros Over Four Years
Tuesday February 10, 7:00 am ET
SAN FRANCISCO--(BUSINESS WIRE)--GreenChek Technology Inc., a leading globally focused provider of hydrogen fuel cell technology is proud to announce that it has received the first order from United Kingdom distributor, TESEL.
ADVERTISEMENT
TESEL expects to commence ERD installations for commercial transportation vehicles in the second quarter of 2009.
Preliminary forecasts, estimate TESEL will install 2200 units over the next four years for a total value of 8.8 Million in gross revenues.
“We are pleased to begin our European launch,” stated Lincoln Parke, President of GreenChek. “Worldwide emphasis on emission reduction technologies, Green government tax incentives, along with our “8% Fuel Saving Guarantee” is expected to continue to spur economic growth and create commercial demand for our renewable energy product line throughout Europe in 2009 and beyond.”
About GreenChek
GreenChek Technology Inc. (<a href=http://www.greenchektech.com) is traded under the symbol GCHK on the OTCBB exchange and is based in San Francisco, California. GreenChek manufactures and distributes hydrogen injection technology that is primarily focused on mobile transportation applications, as well as stationary power generation applications. GreenChek manufactures an emission reducing device simply known as the ERD™ 1.0, which can be retrofitted to any vehicle regardless of fuel source. GreenChek provides innovative world-class mobile Greenhouse Gas (GHG) emissions reduction technology, while greatly enhancing fuel economy for the mobile transportation industry. GreenChek’s Onboard Hydrogen Generation and Injection (OHGI) technology is positioned to occupy the pre-eminent position in the emerging market for emissions reduction technology and fuel economy enhancement. GreenChek has operations in the United States, Canada, Asia and Europe.
About TESEL
TESEL (Technical Environmental Solutions Europe Limited) a London, UK based company specializing in the distribution, promotions and marketing of leading environmental emissions reduction technologies for the European commercial transportation industry. <a href=http://tesel.eu" target="_blank">http://http://tesel.eu
Safe Harbor Statement
Statements in this press release regarding GreenChek’s products, services, capabilities, performance, opportunities, development and business outlook that are forward-looking involve and are subject to known and unknown risks, uncertainties and other factors, some of which are beyond GreenCheks's control and difficult to predict, and could cause actual results to differ materially from those anticipated, expressed or forecasted in the forward-looking statements. Such risks and uncertainties may include, but are not limited to: lack of operating history, transitioning from a development company to an operating company, difficulties in distinguishing GreenChek's products and services, ability to manufacture and deploy GreenChek's products, lack of or delay in market acceptance and fluctuations in customer demand, dependence on a limited number of significant customers, reliance on third party vendors and strategic partners, availability of raw materials, subassemblies and components, ability to meet future capital requirements on acceptable terms, continuing uncertainty in the emissions reduction industry and the global economy, compliance with federal and state regulatory requirements, timing, availability and success of new technology and product introductions and the other factors discussed in GreenChek's filings with the Securities and Exchange Commission.
Contact:
Windfall Communications, LLC
Trevor Justus,
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