Annual return of 118.79% - See How Click here now!
Stocks in the news: Ronn Motor Company (Other OTC:RNNM.PK), Spartan Motors, Inc. (Nasdaq: SPAR), CarMax, Inc., (NYSE:KMX), Auto Parts Network, Inc. (Nasdaq: PRTS)
September 30, 2008 - Ronn Motor Company (Other OTC:RNNM.PK) announced today the SEMA debut of its proprietary H2GO(TM) Hydrogen On-Demand system using hydrogen fuel injection for use as an aftermarket accessory in both cars and trucks. The H2GO(TM) brand, making its official introduction alongside RMC's eagerly anticipated Scorpion(TM) supercar (which utilizes similar technology), will be produced as an aftermarket accessory allowing vehicles of all kinds to use hydrogen fuel injection. The overarching goal of the H2GO(TM) brand debut at SEMA is to significantly increase overall gas mileage for vehicles of all kinds while simultaneously reducing noxious emissions harmful to the environment. The RMC premiere of H2GO(TM) comes as a convenient, easily implementable solution to the ever-rising gas prices afflicting the world's cars and trucks currently on the road and being sold today.
The Hydrogen On-Demand system is used along with several proprietary processes from the new H2GO(TM) brand to enhance overall efficiency in automotive fuel burn," commented Damon Kuhn, Chief Operations Officer of Ronn Motor Company. "Hydrogen and oxygen mixtures are utilized along with post-combustion controls to promote a more complete burn, thereby creating better gas mileage and more power along with less particulate emissions."
Intended to appeal to massive corporate and government transport fleets as well as retail consumers who currently own vehicles with low gas mileage, H2GO(TM) was created as an economical aftermarket solution for increasing overall gas mileage while reducing noxious emissions harmful to the environment. The H2GO(TM) system produces and blends gaseous hydrogen with gasoline or diesel fuel to achieve approximately a 20-25% improvement in fuel consumption, while also increasing power and decreasing carbon dioxide greenhouse gases by approximately 90%.
"Our H2GO(TM) brand came together by combining the patented ProCooler(TM) system with a proprietary electronic control module (ECM) programmed to regulate and control the flow of hydrogen input into the combustion chamber of engines," stated Chief Executive Officer and President, Ronn Maxwell. "We are proud to say, we are successfully completing all of our research and testing toward developing a mainstream commercial product for consumer use and we couldn't think of a better place to announce this news than at SEMA."
The H2GO(TM) product measures the same size as a standard car battery and holds approximately one gallon of water. This one-gallon water tank will produce hydrogen on demand for approximately 5,000 miles (the equivalent to approximately 10 tanks of fuel on most standard automobiles). The H2GO(TM) "Hydrogen On-Demand" system will produce the hydrogen as needed while the vehicle is in motion, producing the ideal ratio of hydrogen to fuel, thus improving power, performance, and overall fuel efficiency. Additionally, H2GO(TM) is adaptable to any internal combustion piston engine vehicle, including the more than 250 million registered vehicles on American roads today.
Installing the H2GO(TM) product in .5% of cars and trucks in the United States would result in a significant reduction of oil consumption in the United States by millions of barrels of oil each year, saving business and consumers money while also reducing the nation's dependence on foreign oil.
An important factor regarding the marketability of the Company's hydrogen technology is that installation of the H2GO(TM) device will not void new car warranties under the Vehicle Warranty Act of 1974. The Act specifies that new car warranties will not be voided with the installation of an aftermarket product as long as it enhances the performance of a vehicle. Ronn Motor Company believes that the H2GO(TM) fuel injection system will be widely accepted worldwide and a much sought out aftermarket fuel efficiency enhancement product.
September 30, 2008 - Spartan Motors, Inc. (Nasdaq: SPAR | Quote | Chart | News | PowerRating) announced it has teamed up with global publisher Zondervan to sponsor a coast-to-coast, 44-state RV tour of America aimed at directly reaching 31,000 people and millions more through co-marketing, national publicity and events.
Spartan Motors, a leading specialty vehicle and chassis maker including chassis for Class A RVs, said it is partnering with Zondervan, the world's leading Bible publisher, on a five-month, 90-city cross-country tour - Bible Across America - to handwrite and publish a new Bible one person, one verse at a time. At the conclusion of the tour, the Bible - America's NIV - will be published with all 31,173 contributors listed in the appendix and then sold in stores nationwide.
Spartan Motors is donating the use of one of its RV test units, a 42-foot, 500 h.p. luxury Fleetwood American Eagle motorhome with a Spartan K2 chassis, for the 15,000-mile tour, as well as providing road-side assistance through its national network or dealer and service partners.
September 30, 2008 - the wake of a destructive hurricane season that brought flooding to many areas of the country, CarMax, Inc., (NYSE:KMX), the nation's largest retailer of used cars, is advising consumers on how to avoid purchasing flood-damaged vehicles.
"Consumers should be aware that some businesses and individuals may try to sell salvaged and flood-damaged cars without revealing the vehicle history," said Gary Hickman, purchasing manager for CarMax in Houston, Texas. "Flood-damaged cars that are not structurally or mechanically sound could be repaired, re-titled, and sold to unsuspecting buyers."
CarMax's car-buying team offers ten tips for identifying a vehicle with possible flood damage:
1) Check for a moldy smell inside the car and feel the carpet for dampness 2) Ask questions about an older car with a brand new interior or carpeting 3) Check for rust under the brake or gas pedals 4) Look for dirt or rust under the dashboard and floor mats 5) Inspect the bolts and screws under the seats for evidence of rust 6) Check the undercarriage for excessive rust 7) Check inside the trunk under the carpet in the spare tire well area for rust, dirt or sand 8) Look for corrosion, water marks, or a thin brown line on the exterior of the vehicle 9) Check to see if the electrical system works 10) Check the VIN number with AutoCheck or Carfax to see whether a flood claim has been filed or a salvage title has been issued on the vehicle
September 30, 2008 - Auto Parts Network, Inc. (Nasdaq: PRTS), a leading online provider of aftermarket auto parts and accessories, today announced that it has entered into an agreement to purchase certain assets of SmartTrac, Inc. related to a website providing a broad range of information on the purchase, care and repair of automobiles.
The website, which generates over 250,000 unique visitors monthly, will enhance the scope of information, advice and guidance that U.S. Auto Parts provides its customers.
The deep vertical content provided on the site includes basic education: from "how an engine works" to car care advice, maintenance and repair information. Automobile trends and vehicle reviews based on actual driver experience will also assist the consumer in making informed decisions when purchasing a car. U.S. Auto Parts plans to integrate its parts catalogue into the site to provide users with quick and easy access to solutions for their auto repair part needs.
"U.S. Auto Parts has grown and will continue to grow our business, in part, through acquiring relevant online content, and integrating it into our world class e-commerce platform," said Shane Evangelist, CEO of U.S. Auto Parts. "This acquisition is in line with that strategy but is also a first step in a move to arm customers with information about how to best service and repair their vehicle. Once informed, we believe U.S. Auto Parts is uniquely positioned to offer the broadest range of reliable and inexpensive parts for those repairs."
Market Wrap for September 30, 2008 - Tuesday's session marked the S&P 500's best day in six years after having its worst day in 21 years on Monday. Buying interest was fueled by short-covering, bargain hunting and increased optimism that the government will reach an agreement on a financial relief plan before the end of the week.
The stock market settled near session highs will all ten sectors posting a gain. Financials led the way with an 13.1% gain, followed by a 5.8% rise in energy stocks. The utilities sector underperformed on a relative basis with a gain of 1.3%.
Prior to the stock market open, the fed funds rate rose as high as 7.00%, according to Reuters. The rate then retreated to 1.50%, which is below the Fed's target rate of 2.00%.
The benchmark 10-year note dropped more than two points, sending its yield up to 3.83%.
Consumer confidence in September unexpectedly rose 1.3 to 59.8, which was better than the expected reading of 53.0.
The dollar rallied 2.6% against a basket of world currencies. The strength in the dollar helped limit the gain in commodities to only 0.7%, although crude oil managed to rally 5.0% to $101.24 per barrel after dropping 10% in the previous session.
The extreme moves in the stock market over the previous two sessions was a fitting end to a tumultuous third quarter. For the quarter, the Dow, Nasdaq and S&P 500 fell 4.4%, 9.2% and 9.0% respectively.DJ30 +485.21 NASDAQ +98.60 NQ100 +5.9% R2K +3.3% SP400 +4.2% SP500 +58.35 NASDAQ Adv/Vol/Dec 1763/2.36 bln/1002 NYSE Adv/Vol/Dec 2560/1.62 bln/610
ABOUT INVESTSOURCE, INC.: WIN an 8 day 7 nights Caribbean Getaway, GO TO: www.investsourceinc.com.
Coming in late Summer of this year: Go Baby GO!!! The first book of its kind on the OTCBB and Pink Sheet Markets www.gobabygobook.com .
To hear "The Fastest 60 Seconds in the Small-Cap Market," please go to www.ceo-corner.com
This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or a solicitation to buy or sell securities. InvestSource, Inc. has prepared all material herein based upon information believed to be reliable. The information contained herein is not guaranteed by InvestSource, Inc. to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this release have not given an opinion or approved the statements made in this release. To view full disclaimers, please go to http://investsourceinc.com/content/disclaimer.
This release may contain statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. The information contained in an InvestSource profile is provided as an information service only. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. InvestSource has agreed to be compensated $5,860 for services rendered. To view full disclaimers, please go to http://investsourceinc.com/content/disclaimer.
CONTACT: InvestSource, Inc e-mail: info@investsourceinc.com WWW: http://www.investsourceinc.com
M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.
More News:
Market Updates |
Stock Alerts |
All Trading News |
Stock Index
About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback
