Newsletter
| Promoter: | We Pick Penny Stocks | Paying Party: | Creme Dellatex |
| Stocks covered: | Compensation: | Avg $ Volume for Period: |
| EMOT | $20000 | UNKNOWN |
| Max Profit: 38.06 % | Gain at close: -19.35 % | |
| *We think that this promoter is a part of a group of promoters. | ||
EMOT (Electric Moto Corp.) - a leading technology company dedicated to the development, production and distribution of zero emission vehicles and related products - announced today the name of a cutting-edge vehicle company with which a potential merger or acquisition was being looked into.
According to the news, “For essentially the cost of a motor scooter, one can produce an enclosed three-wheeled vehicle that offers protection from the elements, a more pleasant riding experience, and of course huge savings----200 miles per gallon if gasoline powered, and even greater savings and essentially no carbon footprint if electric powered.”
Electric Moto Merger Talks Include New Vehicle Line
NEW YORK, NY--(Marketwire - 05/04/11) - Electric Moto Corporation ("EMOT"), a provider of state of the art electric vehicles, revealed today the name of one of the cutting edge vehicle companies with which a potential merger or acquisition was being investigated.
According to Robert Lancellotti, Chairman of Electric Moto: "Engineering Institute, LLC of Farmington, Arkansas, has a lengthy history of design innovation and technological advancement, and is directed by one of the most forward-looking guys that we have met in the industry."
"Dr. David Renfroe's company has brought new and ground-breaking thinking to the three-wheeled vehicle, or K-Lean Machine as EI has named it, and the resulting vehicle concept has already sparked substantial interest in several large Asian markets."
Dr. Renfroe, who just returned from a series of meetings in India with manufacturing representatives, spoke also of the substantial opportunities that a vehicle of K-Lean's advanced technology could provide: "For essentially the cost of a motor scooter, one can produce an enclosed three-wheeled vehicle that offers protection from the elements, a more pleasant riding experience, and of course huge savings -- 200 miles per gallon if gasoline powered, and even greater savings and essentially no carbon footprint if electric powered."
Dr. Renfroe added that he looked forward to a satisfactory conclusion to the negotiations with Electric Moto in the very near future, and the beginning of several prototypes shortly thereafter.
To see the press release, go to:
http://finance.yahoo.com/news/Electric-Moto-Merger-Talks-iw-981584697.html?x=0&.v=1
Technical Chart with Details of Trading Activity
As I mentioned earlier:
- Early entrants had the greatest opportunity to make the biggest gains and maintain a position to stay in the green
- The price volatility allowed some opportunities to play the dips and bounces
- Look for another higher-than-average trading day during today's trading session.
About EMOT (Electric Moto Corp.)
EMOT (Electric Moto Corp.) is a leading technology company dedicated to the development, production and distribution of zero emission vehicles and related products.
Currently, EMOT is focusing on the production of zero emission motorcycles, but has announced plans to expand into offering other watercraft vehicles.
The leading motorcycle product that EMOT currently offers - the EMAX 72DS motorcycle - could be a revolutionary standard in the industry.
EMAX 72DS motorcycle could be a pioneer within its market segment that generates high demand from recreational vehicle enthusiasts because of the following factors:
- Minimal Carbon Footprint
- Virtually Silent Engine
- Fully Electric Vehicles Generate Zero Emissions
- Fully Electric Vehicles Could Utilize No Fossil Fuels
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Continue to watch EMOT trade in the market during the near-term.
I expect that today's market could see above average volume and liquidity... and any dips and bounces during the trading session could allow savvy traders to benefit.
EMOT (Electric Moto Corp.) - a leading technology company dedicated to the development, production and distribution of zero emission vehicles and related products - is up about 37% as I write this.
This morning, the Company announced news that it began talks with the Dominican Republic regarding the manufacture and sales of its vehicles.
Shares traded upwards, then pulled back, and looks setup to make a retrace back to higher levels.
Electric Moto Corporation Begins Talks With Dominican Republic
NEW YORK, NY--(Marketwire - 05/03/11) - Electric Moto Corporation ("EMOT"), a developer of state-of-the-art electric vehicles, announced today that it has begun conversations with government and industry leaders in the Dominican Republic regarding the manufacture and sales of its vehicles.
"The recent spike in the cost of fuel oil and gasoline has had a profoundly negative impact upon the economic development of many countries," noted Robert Lancellotti, Chairman of the Board of Electric Moto. "The progress that has been made in recent years in bringing manufacturing and service jobs to the Dominican Republic, in developing eco-tourism resorts and other industries, is threatened by the skyrocketing costs of fuel."
Electric Moto's likely expansion of its product line -- from dual-sport electric motorcycles, to three-wheel and four-wheel electric vehicles of several types, as well as electric watercraft -- provides a wide range of applications, from personal use, to commercial and industrial, and to governmental and military.
About EMOT
EMOT is a leading technology and lifestyle company dedicated to the development, production and distribution of zero emission vehicles and related products. The 72 Volt Dual Sport electric motorcycle leads the charge of EMOT's "Green" vehicles including an electric bicycle, ATV and personal watercraft.
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To get another look at the indicators based upon yesterday's close, take a look at the chart below...
#2. The Company has been in discussions with other electric vehicle firms about a potential merger or acquisition
#3. The Company has announced that it is expanding it's line of electrical vehicles to include those that operate in the water. These include Jetski's, WaveRunner's, and Catamaran's
#4. The electric vehicles and watercraft are intended to be engineered to generate no-noise, minimal carbon footprint, and use zero fossil fuels
#5. The Company announced that they reached an "agreement in principle" with a financing firm that would enable the Company to move swiftly into the development of its various prototype vehicles, and to begin serial production of those vehicles.
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Continue to watch EMOT Trade in the market during the near-term. I expect that tomorrow could see another increase in volume