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Pink sheets: GMCC What do you think of this news?
To good to be true!
ORLANDO, Fla., Nov. 17 /PRNewswire-FirstCall/ -- Orlando, Florida-based
GMC Holding Corporation (OTC Pink Sheets: GMCC) announced today that after 12
years of R&D, it has achieved a major revolutionary breakthrough in solving
the world's energy needs. The technology provides substantial mechanical power
and/or electricity without the use of fossil fuels, hydrogen or hydrogen fuel
cells, substantial batteries or any other outside recharging source
(independent of the grid system).
These stand-alone, all-green (100% pollution free) power systems will
establish a new standard in energy efficiency and bring economical energy-
producing alternatives to the world market.
The systems can be adapted for powering all types of motorized products,
even including the auto, trucking, RV, boating and golf cart industry in
addition to delivering electrical energy for residential, commercial and
agricultural markets. For example, electric motors currently consume over 50%
of the energy produced daily by the utility companies within the United
States. This technology can eliminate most, if not all, of that consumption.
This in itself will reduce fossil fuel use significantly, thereby greatly
helping to alleviate the world's dependence on oil.
The systems are safe, clean, reliable, quiet, cool, easy-to-operate, long-
lasting and emission-free. They can be manufactured in various sizes and power
-- from a fraction of a horsepower rating to several thousand horsepower.
Depending on use, it is estimated that the systems will last for 20-50 years.
The company is looking to form alliances with entities/groups on a
domestic and international basis to ensure the manufacture and distribution of
this technology to various segments of the marketplace. The overall market
value is expected to exceed a trillion dollars over the next 10 years and
these estimates are more than likely to be low.
For more information, including video and technical data, visit website
http://www.jagonline.net or call Richard Brace, President of GMC Holding
Corporation, at [phone].