Nice find there Rainmaker....I have another I like and been buying recently. I have been in touch with the CEO of TTEG for a couple years. Read the most recent announcement for a JV with a Chinese bycicle manufacturer for $10 million funding development of a turbine motorcycle engine. The CEO is currently in China for discussions that I am guessing could entail their truck engine. The Chinese manufacturer has agreed to buy about 1.4 million shares in the OPEN MARKET and there is only 8 million shares in the float and 24 million O/S. Do a little research on their recent announcement along with their judicious control of O/S. I have the feeling that $10 grand invested there at 24 cents a share could be a nice retirement plan in 2-3 years. The press release talks about a 44,000,000 unit market in China for motorcycles based on motor completion by 2011...2% market penetration = 880,000 units at $250 per engine = $220 million and only 24 million shares outstanding with a major Chinese partner funding development to the tune of $10 million? Look at the features of the engine and 30% better efficiency, no lubrication needs plus total fuel flexibility as alternative fuel development evolves. etc....there is certainly potential for this use plus the orginal truck engine. Sorry for being so long winded.
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