Sympowerco initially made the comment that they want to take pre-existing technology that NASA used and put wheels on it.
There will be tweaking involved here as we are dealing with a large scaledown to much smaller things such as ATV's, golf carts,hybrid electric vehicles, etc. Sympowerco could have followed the crowd but still believes and with good reason that their technology coupled with prexisting technology already at their disposal could be very successful. SYMW is still branching off at Carlton University, where engineers are working on the fuel cell (compliments of a million dollar + grant from the Canadian government. Sympowerco is also working in house and can move at a much larger pace then ever before because there are not as many hurdles to clear by doing it that way.
In addition, SYMW is also working on a possible partnership, venture, or whatever. See their August 25th post below.
They do not have to have a final product to become successful.
A large name in the industry backing up SYMW and their idea to put pre-existing technology on wheels could very easily propel SYMW to new heights. Their partnership may be even the ones that finance a good part of this venture. The possibilities are mind boggling.
SYMPOWERCO CORP (PINK:SYMW) Top Traded OTC Stock
In BUSINESS OF STEM CELLS on August 25, 2009 at 9:48 pm
SYMPOWERCO CORP (PINK:SYMW) is also moving higher 10% at $0.0012 on very unusual volume of 210 million shares . Yesterday, 24 August, SymPowerco Corporation (PINKSHEETS: SYMW) CEO John Davenport announced today that the company has entered discussions and has signed a Non-Disclosure Agreement with an alternative energy and power systems corporation for the purpose of determining the advisability of establishing a business relationship that may include an acquisition or joint venture. SymPowerco has also entered similar discussions with a second group that owns advanced power system technologies and intellectual properties that appear to offer market
