![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Wednesday, August 25, 2010 9:19:11 AM
Highline Technical Innovations, Inc. Announces Letter of Intent With Dong Feng Motors
http://ih.advfn.com/p.php?pid=nmona&article=44131402&symbol=NO^HLNT
Highline Technical Innovations, Inc., (PINKSHEETS: HLNT), majority shareholder of Highline Hydrogen Hybrids, announced today it has received a signed Letter Of Intent from Dong Feng Motors, China's second largest domestic auto maker.
The Letter Of Intent (LOI) addresses three different ventures in which the two companies have been in dialogue. The letter of intent addresses the formation of a joint venture with HTI's majority owned subsidiary, Hoss Motor Sports, with Dong Feng Motors to manufacture, market and distribute the Hoss UTV. The letter of intent also addresses the formation of a joint venture between HTI's majority owned subsidiary, Highline Hybrids, and Dong Feng Motors relating to implementation and production of Highline Hybrid's hydrogen generator. The third focus of the letter of intent is the formation of a joint venture between the two companies to refurbish and rebuild auto components. Highline Technical Innovations, Inc. will release details to the public of these joint ventures as they are negotiated.
CEO Charlton Coats stated, "We are very pleased with our progress. Relationships take time to build, but when they are formed, they can be very beneficial. We have posed the question many times in our office what the ramifications would be if an auto manufacturer was willing to integrate our technology into their processes. We are one step closer to this possibility. We will continue to negotiate these joint ventures while maintaining our vigilance in aggressively pursuing the OTR and agricultural markets with our hydrogen generators. The results our units are achieving in these markets simply can't be ignored."
The Hoss UTV may be viewed at http://www.hossusa.com. Information on the Wildcat hydrogen generator may be viewed at www.highlinehybrids.com.
FEATURED Cannabix Technologies and Omega Laboratories Inc. Provide Positive Developments on Marijuana Breathalyzer Testing • Jul 11, 2024 8:21 AM
ECGI Holdings Enhances Board with Artificial Intelligence (AI) Expert Ahead of Allon Apparel Launch • ECGI • Jul 10, 2024 8:30 AM
Avant Technologies to Meet Unmet Needs in AI Industry While Addressing Sustainability Concerns • AVAI • Jul 10, 2024 8:00 AM
Panther Minerals Inc. Launches Investor Connect AI Chatbot for Enhanced Investor Engagement and Lead Generation • PURR • Jul 9, 2024 9:00 AM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM