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Re: thisis post# 31958

Monday, 11/08/2010 4:45:54 PM

Monday, November 08, 2010 4:45:54 PM

Post# of 39049
Freak rumor? Below is what I posted about it. I specifically said, "I don't know if there is any truth to this".

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The name of the automotive company in India is Mahindra. Again, I don't know if there is any truth to this company being interested in IHGP's electric motor patent. I suppose it is possible. Here is a link to their website: http://www.mahindra.com/index.asp

Also, this link: http://www.mahindra.com/OurBusinesses/m_international_navistar_MNEPL.html takes you to a page that talks about a merger they did with Navistar for Diesel engines. Maybe there is a r/m in the works with Navistar. .

I don't know any of this to be fact, just passing along what another trader told me could be in the works. -Butter



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One of my trading friends thinks that they may be working on a deal with an automobile company based in India. I guess whatever company it is, is planning on opening a bunch of dealerships on US soil and may have some interest in a certain electric motor patent. I don't know how or where he came up with this, and I personally think if there is a deal in the works, it is something more a long the lines of a merger and probably not related to the electric motor. -Butter