InvestorsHub Logo
Followers 1
Posts 133
Boards Moderated 0
Alias Born 03/18/2010

Re: in vestor1 post# 6412

Saturday, 03/17/2012 2:30:50 AM

Saturday, March 17, 2012 2:30:50 AM

Post# of 26481
in vestor1, Thanks for the post! It's good that Jim(ceo) always carries that positive attitude. I wonder if these contract talks have to do with the CP-3 pump? A copy below is from his news release off the web-site
We are looking at ways to commercialize the technology that we developed on this
project. Although there is a chance that the Army may use this redesigned pump, we
think that the chances are remote. The Army has moved away from Cummins diesel
engines and now purchases mostly Navistar trucks and engines.
One market that we are considering for our redesigned CP-3 pump is the diesel
performance market: drag racing, truck pulls, etc. This is a relatively large market3 where
people are willing to pay high prices for products that meet their needs. We have started
preliminary discussions with several well-known performance parts distributors and have
high hopes that some “production” business will materialize as a result. We are also
considering joining the Specialty Equipment Market Association (SEMA), a very large
organization comprised of over 6000 manufacturers engaged in the automotive
aftermarket (mostly racing related) business.