Hello Tim,
1. It is in progress.
2. This was submitted before new management was put in place March 4th. We have not received notification as of yet as government websites indicate. the grant has been reapplied for.
3. I refer you to financials posted on pinksheets.com. New management was put in place March 4, 2010. I have made it a practice to not use "forward looking statements". i have pasted the entire press release dated Nov 5th.
Systems Evolution Announces 4th Quarter Revenue Projections
Highline Technical Innovations. Inc. (USOTC:HLNT)
Historical Stock Chart
1 Year : July 2009 to July 2010
Systems Evolution, Inc. (PINKSHEETS: SSEV) majority shareholder Highline Hydrogen Hybrids (HHHI) announced today that an interim review of their current business plan and marketing strategy places the Company well ahead of production and sales projections.
Mel Robinson, HHHI's President, made the announcement this week after a review of current market status by the company's board of directors and said, "We are near capacity in SuperCell production and will exceed sales expectations of $600,000.00 for each month of the last quarter of 2009." He further stated that they are expecting to complete the move to the new 385,000 square foot facility in Dumas, Arkansas in early 2010 in order to increase production of HHHI's entire product line.
Systems Evolution CEO Steven Humphries added, "This is great news for the Company as we are well ahead of where we thought we would be."
Humphries also commented on the move to Dumas, "The additional production capacity allowed by the Dumas facility will eventually allow receipt of raw materials based on a JIT production schedules thus decreasing overall inventory cost and allowing for raw material purchases in larger quantities."
HHHI's unique supplemental hydrogen fuel system for Over the Road Trucks, agricultural equipment and passenger vehicles reduces vehicle carbon foot print by as much as 50%, enhances fuel efficiency of internal combustion engines by as much as 25% and increases horsepower an average of 10%, and will soon be available for motorcycles and marine engines.
This news release contains "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. When used in this release, words such as "estimate," "anticipate," "projected," "planned," "forecasted" and similar expressions are intended to identify forward-looking statements, which are, by their very nature, no guarantees of System Evolution's financial performance, and are subject to risk and uncertainties. Readers are cautioned not to place undue reliance on statements, which speak only as of the date of this release. Due to the risk and uncertainties, actual events may develop result of new information, future events or otherwise.
CONTACT:
Steven Humphries
972-248-2244 972-248-2244 Ext 106
I will have financials posted on time for 2nd quarter. This financials will give an accurate view of where we are at. We are excited about our future. I have continually recommended that all investors and potential investors look at highline from March 4th on. Thankyou for your email.
Charlton Coats
CEO
Highline Technical Innovations, Inc
-------- Original Message --------
Subject: A couple of questions regarding Highline Innovations
From: "Carey, Tim - DOA" <tim.carey@wisconsin.gov>
Date: Thu, July 15, 2010 3:48 pm
To: "'c.coats@highlineinnovations.com'"
<c.coats@highlineinnovations.com>
Dr. Mr. Coats,
I have a couple of questions regarding Highline Innovations and if you could make any comments on anything, it would sure be appreciated.
1, I still do not see the upgrade on the pink sheets for HLNT? Do you have any comments on this?
2, I still do not see anything pointing to the grant that was put in several months ago. Is there anything in the works concerning the grant?
3, I still do not see anything pointing to revenue (end of 2009 and beginning of 2010). In a previous post (2009) it pointed to significant revenue would be made for the last several months of 2009 going into the early part of 2010. See below.
Systems Evolution Announces 4th Quarter Revenue Projections
ADDISON, TX, Nov. 5, 2009 (Marketwire) --
ADDISON, TX -- (Marketwire) -- 11/05/09 -- Systems Evolution, Inc. (PINKSHEETS: SSEV) majority shareholder Highline Hydrogen Hybrids (HHHI) announced today that an interim review of their current business plan and marketing strategy places the Company well ahead of production and sales projections.
Mel Robinson, HHHI's President, made the announcement this week after a review of current market status by the company's board of directors and said, "We are near capacity in SuperCell production and will exceed sales expectations of $600,000.00 for each month of the last quarter of 2009." He further stated that they are expecting to complete the move to the new 385,000 square foot facility in Dumas, Arkansas in early 2010 in order to increase production of HHHI's entire product line.
Systems Evolution CEO Steven Humphries added, "This is great news for the Company as we are well ahead of where we thought we would be."
Thanks,
Tim
