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Sunday, May 22, 2011 12:11:17 PM
This is not your typical penny stock.
Its been quiet for some time and with the ss, patents pending, huge growth potential, and the fact it was .15 cents less than a year ago (w/350 million o/s) has the potential to powderkeg into pennyland in no time at all. The risk/reward is huge.
Review the corporate video and see reference to FEd Ex and the unit cost for EGOC technology of $10,000. 45,000 units at $10,000 equates to a 450 million dollar potential contract. Don't limit this to Fed Ex, try to imagine the total number of fleet vehicles in the states. Also do not limit this to domestic use only. All EGOC needs is a small piece of the pie. 450 million would put this stock in mid to high double digit pennys shareprice. Figure the minimal contract it would require to be .05 to .10 cents.. Just a fraction.
Opportunity is now to lock up this float and ride it to its true potential. No flippers need apply here, be long and strong and put this shareprice where it belongs.
The intellectual property with no contracts today is worth at a minimum of 10 million, get serious which equates to over .02 cents. What a steal. Easy pennystock before contract news comes out!!
I search for these homerun type plays and feel patience will be rewarded in a huge way. Will it be now, the charts are aligning very positively!!!!
Tremendous SS at 500 million a/s
Est. 150-200 Million plus short position (short squeeze time)
Tuesday volume 176 million traded 106 million short (huge accumulation view on charts)
Patented Pending Technology
Energy 1 Corp. (PINKSHEETS: EGOC) (FRANKFURT: D8i) today announced that it has concluded its acquisition of two new patent pending technologies from Vortex IP, a private Florida Corporation.
The primary Energy 1 technology, named "ExhausTek," was created to meet the new and evolving emissions standards set by the US Environmental Protection Agency (EPA). Along with ExhausTek is its sister technology, named "IonTek," a world leader in boosting fuel efficiency. Both technologies are patent pending and are licensed through Vortex IP, a wholly-owned subsidiary of Energy 1 Corporation.
"These patents were acquired by Energy 1 to address both the market's demand for cleaner emissions and improved fuel economy for the internal combustion engine," stated Dean Steiger President of Energy 1 Corporation. Furthermore "the cost to the US economy from health related and lost productivity costs is estimated at over $42 billion annually, our technology addresses both of these problems and as a result we believe our shareholders will enjoy long term value from the Companies acquisition of 'ExhausTek' and 'IonTek,'" added Mr. Steiger.
Tremendous Potential: Obama Administration/Republican support fleet initiativeFedEx, UPS fleet upgrades support Obama energy push
(Reuters) - President Barack Obama will announce on Friday a fresh commitment from five major companies, including FedEx and United Parcel Service, to reduce oil consumption by upgrading their fleets.
The two transport companies along with AT&T, PepsiCo and Verizon are charter members of a National Clean Fleets Partnership group that aims to reduce use of diesel fuel and gasoline in their companies' cars and trucks by using electric vehicles and alternative fuels.
The five companies are pledging to reduce their collective petroleum consumption by more than 7 million gallons a year by deploying 20,000 hybrid and other types of vehicles that run on biofuels, electric power and other advanced technologies, the White House said in a statement.
http://www.reuters.com/article/2011/04/01/us-energy-obama-fleets-idUSTRE7301PI20110401
Obama outlines plan for advanced technology government fleets by 2015
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