Thursday, March 11, 2010 5:27:57 AM
Though it's a little older, it which will have a major positive impact on pps in the way up towards + 0.01 dollar/share in the very near future.
Besides the reduction of 4B authorised shares (10B --> 6B), a new CEO, an upcoming new company name, website, etc you should read this (though the old CEO said this):
In making the announcement, HHHI President Mel Robinson said, "The agreement is a Service Level Agreement (SLA), which is intended to set forth the agreement between Fayetteville and HHHI for the use of HHHI provided equipment on City provided fleet units. Once the data is developed we anticipate signing an agreement whereby HHHI will supply our units on all City of Fayetteville vehicles."
Systems Evolution CEO Steven Humphries added, "This is one of many municipality and state deals that HHHI has in the works for 2010. These type of fleet deals will create immediate revenue for the company moving forward."
HHHI's supplemental fuel system has demonstrated reduction of carbon emissions by as much as 50% in external certified testing and at the same time increases fuel efficiency by as much as 30% with an average increase in horsepower of 10%. HHHI's supplemental fuel systems are available for all external combustion engines in a variety of applications, including commercial transportation, passenger vehicles, agricultural equipment and inland and ocean marine vessels.
http://finance.yahoo.com/news/Systems-Evolutions-Highline-iw-1317261357.html?x=0&.v=1
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