Spoke to John Davenport today.
He straightened out in my mind the difference between Polygenic Power Sytems Inc (2007 - gas) and Polygenic Power Corp (2010)and
Polygenic Power Corp owns 80 percent of Polygenic Power Systems Inc. Sympowerco owns 100 percent of Polygenic Power Systems. Polygenic Corp was explained in one of the last few releases.
I also asked about all the millions of shares that were sold the last couple of days(at .0004) that left the price of the stock unchanged. John said that some of that was to pay bills but most likely not all.
Sympowerco is working diligently in bringing their technology to the table. There are a wide array of possibilities (opportunities) with what Sympowerco is doing (Sympowerco is not putting all of the eggs in one basket.
I am probably not doing any justice to what John D. said as I do not know that much about any of this.
1, John D. knows what he is talking about. Very unpretentious and knows where they are going.
2, Too many companies are trying to go the route that Hoss Motor Sports wanted to go. Sympowerco wants to go with technology that has been around FOR A LONG TIME and add some of their own technology to make it work in the smaller scale golf carts, ATV's, Hybrid Electric cars, Motor Cycles, etc.
3, Longs - this will be a good thing in the months ahead.
The meat and potato PR's will come. Be patient. Sympowerco is working expediently but not rushing either.
I think what we need to do is let John D. do his work rather than take up so much of his time.
P.S. John did peek on the board for the first time(the other day -yesterday?)and said it was quite amusing (funny).
My take on the whole thing.....
WE ARE BLOWING THINGS OUT OF PROPORTION BECAUSE WE DO NOT UNDERSTAND what is going on and taking to heart too much about what others are saying about Sympowerco.
LAS VEGAS, NV--(Marketwire - October 24, 2007) - Ethanoil and Gas Corp. (PINKSHEETS: EGCP) today announces that in partnership with
Hybrid Energy Technologies Inc. ("HET") of Markham, Ontario, the company has formed a Canadian subsidiary called
Polygenic Power Systems Inc. The new company is jointly owned by Ethanoil and Gas Corporation (70%) and its partner, Hybrid Energy Technologies, Inc. (30%).
"CEO John Davenport announced today that the company's wholly owned subsidiary, Polygenic Power Corp. ("PPC"), has launched its Hybrid Electric
Vehicle ("HEV") prototype project. The HEV project will be advanced concurrently with SymPowerco's recently announced Flowing Electrolyte
Direct Methanol Fuel Cell ("FEDMFC") prototype project.
LAS VEGAS, NV--(Marketwire - October 24, 2007) - Ethanoil and Gas Corp. (PINKSHEETS: EGCP) today announces that in partnership with
Hybrid Energy Technologies Inc. ("HET") of Markham, Ontario, the company has formed a Canadian subsidiary called
Polygenic Power Systems Inc. The new company is jointly owned by Ethanoil and Gas Corporation (70%) and its partner, Hybrid Energy Technologies, Inc. (30%).
"CEO John Davenport announced today that the company's wholly owned subsidiary, Polygenic Power Corp. ("PPC"), has launched its Hybrid Electric
Vehicle ("HEV") prototype project. The HEV project will be advanced concurrently with SymPowerco's recently announced Flowing Electrolyte
Direct Methanol Fuel Cell ("FEDMFC") prototype project.
