Tuesday, August 10, 2010 2:25:25 PM
Highline Technical Innovations, Inc. Announces Updates on Company Activities
Highline Technical Innovations. Inc. (USOTC:HLNT)
Intraday Stock Chart
Today : Tuesday 10 August 2010
Highline Technical Innovations, Inc., (PINKSHEETS: HLNT), majority shareholder of Highline Hydrogen Hybrids, announced today a company update on its recent activities. Dong Feng Motors, China's second largest domestic auto maker, continues to evaluate HTI's hydrogen generator. HTI has signed an NCND with the auto maker and will update the public as information can be released.
The company has been focused on establishing dealers and has recently added eight dealers in the states of Kansas, Texas, Florida, Georgia, Minnesota, Illinois, Wisconsin and Arkansas. HTI continues to accept applications for dealers in an effort to broaden the company's exposure to the agricultural and transportation industries which are two of the world's largest markets. The dealer application can be found on the company's website under the "contact us" tab.
Highline is currently seeking approval from the United States Department of Agriculture to be a qualified technology that would allow farmers to apply for a REAP (Rural Energy for America Program) grant. More information on the REAP program can be found on the USDA website. Additionally, Highline is applying for a grant from the Green Technology Grant Program through the Arkansas Economic Development Office.
http://www.rurdev.usda.gov/rbs/busp/9006grant.htm
http://www.arkansasenergy.org/green-technology-grant-program.aspx
HTI will begin taping this week for a national awareness campaign with 21st Century Business Television Series. Mel Robinson, CFO, will be featured in a Q&A session focusing on the company's hydrogen application in the OTR and agriculture industries.
Highline Hybrids will be participating in Dakotafest, August 17-19. The company will be featuring its hydrogen generator applications for farming stationary engines and equipment. http://www.farmshows.com/dfst/index.po. The company will also be performing a demonstration in Breckinridge, Minnesota, August 12, 2010 at the Yaggie Farms. Demonstrations of the hydrogen generator will be done on both tractors and irrigation well pumps. http://www.yaggiefarms.com/. Irrigation well pumps having been showing significant results. Results of one recent application can be seen on the High Plains Journal website. http://www.hpj.com/journal/itwj/index_newProducts.cfm
Highline Technical Innovations CEO Charlton Coats stated, "We are extremely busy making our name and technology known. Our challenge is proving our technology is superior to those of our many competitors. Credibility is the key and we are taking the steps to establish that. In addition, we have been receiving numerous calls and emails inquiring of a possible reverse-split in our stock. The company has no such intentions and does not see it as a prudent option. We continue to take steps to build our company into a successful business entity that our shareholders can be proud of. This takes time."
Contact:
Charlton Coats
1-479-267-6000
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