Good Evening Traders!
After the crazy success we have been having lately with some lower float stocks we decided to take on a stock with an even lower float than the others!
This stock is a bit higher priced than the others but don’t let the high price scare you away. The stock has shown solid support in its current trading range and we believe this one could move very easily especially considering the float of this stock is far less than any of the other stocks we have brought to you lately.
The float is only 1.42M according to yahoo finance.
When we multiply the float by the last price we are talking about a value of less than 250k dollars!
They are negotioating a deal worth 68M dollar's currently as well!
This company specializes in development and marketing of lithium powered vehicles, products, commercial and residential properties. Basically, they build electric powered vehicles and they are very good at it. They were one of the prize winners of the progressive automotive x competition.
"The Progressive Insurance Automotive X PRIZE was a global competition that awarded $10 million to three teams that built cars that achieved at least 100 MPG in real world driving. These cars were safe, affordable and desirable with the ultimate goal of offering more efficient vehicle choices to consumers.”
We would love to see the PPS sky rocket if this company were to strike a deal with a major car manufacture and it really doesn’t seem all that farfetched considering the national recognition they received from being one of the top cars at the Automotive X challenge where they won 2.5M dollars.
LIMOD – Li-Ion Motor Corp.
As we already mentioned, this company specializes in Lithium powered electric vehicles and seems to be quite good at it.
About Li-ion Motors Corp:
LIMOD was incorporated in Nevada April 2000. We are a technology company focusing our resources and efforts on the development, manufacturing and marketing of high speed lithium-powered vehicles.
Since 2003, the company has worked diligently to develop their patented state-of-the-art Battery Management System (BMS) and has done so independently without any financial assistance from government funding, corporate sponsorships, or joint ventures.
During the Progressive Insurance Automotive X PRIZE Knockout Stage, Li-ion's WAVE II achieved impressive results with a 191MPGe on the highway run.
Li-ion Motors Corp continues to improve their vehicles' performance with enhancements to their proprietary BMS and increase efficiency by an additional 10 to 20%. As with their consistent progression in past efforts, the company's goal is to always remain ahead of the competition, now and in the future, with the development of an all-electric affordable transportation for the next generation.
Automotive manufacturing giants, like Nissan and GM, have spent tens of millions of dollars on EV innovations and will still have to fine tune their technology before making it available to the public. For other manufacturers, licensing Li-ion's technology, will save them the millions of dollars, eliminate years of research and development, and will result in a state-of-the-art, fully functional, tested and proven prototype within four months of licensing.
Why Electric?
Electric cars are automobiles powered exclusively by electricity. In an all-electric car, high energy density, lightweight rechargeable lithium ion batteries are used. These batteries can be simply charged using household electric outlets, either 110V or 220V and the battery discharge powers the electric motor with zero emissions. On a single charge, it can drive long distances with a high mile per gallon equivalent.
Electric cars are very reliable and maintenance free, they are quiet, as the motor isn't noisy, and they are cleaner and less expensive to run than gas-powered cars.
Electric vehicles have less than 1/10th as many parts as a gas powered car. Electric vehicles have no engine, transmission, spark plugs, valves, fuel tank, tailpipe, distributor, starter, clutch, muffler or catalytic converter.
Without these components, they need no oil change, no filter change, and no tuning.
The best way to reduce carbon emissions is to utilize the ever cleaner, greener, renewable electric power grid to supply energy for transportation. Only grid-rechargeable cars can obtain the end goal of zero-emissions and ensure fuel price stability.
The electric car is a practical form of daily transportation which is easily recharged overnight. Electric cars can have a major impact upon the auto industry and are beneficial as they reduce the amount of pollutants within our cities, allow less dependence on oil, and will help create a more stable economy with the expected rise in gasoline prices. An electric motor is 400% to 600% more efficient than an internal combustion engine.
Electric vehicles can use electricity from anywhere including sustainable energy resources like wind and sun.
Below are some of the facts regarding Plug-In Vehicles.
- Batteries now available for electric vehicles have a range up to 300 miles on a single charge.
- Battery Electric Vehicles (EVs) are by far the most efficient vehicles in the world.
- According to the Department of Energy, enough excess generating capacity exists at night in the U.S. to charge 180 million EVs without adding any new capacity.
- United States electricity is produced domestically with only a small percentage purchased from Canada.
- Worldwide most people waste more electricity in their homes than they would use driving electric cars. We will never fight a war over electricity.
- Driving on electricity from the U.S. grid is far cleaner than driving on oil.A survey of EV owners found that 48% of them used solar energy to power their houses and cars.
- EVs by the millions could be built today.
- Plug-in cars with a range of 50 miles per day would meet the needs of 80% of the American driving public.
I’m not going to go too much further into electric vehicles because it seems obvious that we need to move away from our oil and gasoline dependence or figure out a way to use it far more efficiently. This is why we have hybrid vehicles on the market today! I believe that fully electric vehicles have come a long way and will be mainstream vehicles in the near future.
Check out Li-Ion Motor’s winning 2.5M in progressive’s automotive x challenge!
 
You can see LIMOD listed on the main page as a winner on the right side.
http://www.progressiveautoxprize.org/
You can check out their team page below.
http://www.progressiveautoxprize.org/teams/li-ionmotors
Check out these videos of LIMOD!
Li-Ion Motor Corp on Fox News!
Here is the winner of the Progressive X prize. The wave 2
Recent News:
Li-ion Motors Corp. Celebrates 4 Year Anniversary of Longest Running Lithium All Electric Vehicle Driven by a Consumer Anywhere in the World
1/24/12
Li-ion Motors Corp winner of the 2010 X-Prize using 21st Century Design & Engineering of emission-free, all electric, high speed, long range automotive propulsion systems using the latest lithium-ion battery technology, proudly reflects that in 2007 the "Once in a Lifetime" package with Li-ion Motors, Sam's Club and NASA was the first ever lithium all electric vehicle sold to a consumer. The car has been in use with normal driving, and now has over 27,500 miles by its very satisfied owner.
Branyon's reason for bidding on the package was because of his desire to see a space shuttle launch. "The car has proven to be a whole lot of fun. I didn't bid on the car because I thought it would be cheap transportation, but it has turned out to be that." Branyon identifies himself, "I'm a proud owner and a satisfied customer," calling the car his "Energizer Bunny."
He says the Li-ion Motors Car is his primary vehicle, using it daily to drive to work and everything else. Branyon has also stated, "I think the technology is amazingly good if you live in an urban area and do a lot of city driving."
He keeps it plugged in when not driving it, and says he hasn't seen any significant change in his electric bill, "I know it's not free but it feels like it is."
Further updates:
As previously reported, Li-ion Motors has been advised by the group in Israel that it has meetings set up with the Israeli MOT (Ministry of Transportation) to review the vehicle specification for importing the 1,000 vehicle conversions into Israel.
Li-ion's representatives in China have met with three perspective companies in Beijing regarding license of their technology for production in China. Further meetings are anticipated after the Chinese New Year.
Reflecting on other achievements, Li-ion Motors had the highest efficiency of any vehicle at the 2010 X-Prize competition and continues to develop its technology for even higher efficiency.
Link: http://finance.yahoo.com/news/li-ion-motors-corp-otcbb-120000680.html
Electric Vehicle Sales to Grow 106% Through 2015
12/7/11
Li-ion Motors Corp. announced it has entered into a Letter of Intent to ship 1,000 lithium electric vehicles to Israel. The LOI is estimated at $68 million.
According to Pike Research, a Colorado based clean tech analyst firm, 3.2 million plug-in electric vehicles will be sold worldwide by 2015, with a compound annual growth rate (CAGR) of 106%. Electric vehicles will break the 1,000,000 mark for the first time that year.
The research also finds that nearly half of all US consumers polled would be "extremely" or "very" interested in purchasing an electric vehicle.
Link http://finance.yahoo.com/news/Electric-Vehicle-Sales-Grow-iw-1790242928.html
This does not surprise me one bit. It seems obvious that electric vehicles sales will be on the rise for years to come and now is the time to look for companies involved in this field.
LIMOD could potentially be a cash cow over the next few years with the rising demand for electric vehicles.
LIMOD hit a 1.01 a share a few weeks ago and is currently trading in the 20 cent range. This appears to be a nice area of support for the stock.
Barchart.com is rating LIMOD a BUY
LIMOD closed the trading day friday 24 x 26 cents with a nice bid support.
Make sure LIMOD is on the top of you watch list monday morning as it could be a fast mover!
-MP
Recent track record for potential gains:
LDPP 900%+
BPAX 200%+
EVDR 130%+
APRE 85%+
UFFC 15%+
NSRS 75%+
TAXS 30%+
CYCA 50%+
AVEW 50%+
EGOC 70%+
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