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Corporate Sponsor
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Sympowerco
Corp Aims for Electric Motor Car Market
Staff Reporter
Last Updated:- Aug 17, 2009 - 11:45am EST
Over the past several weeks Sympowerco (OTC:SYMW)
has been hitting the radars with their plans to develop methanol
fuel cells for such applications as small vehicles, motorbikes,
retrofit, stationary power supplies, and recreational markets.
Tom Bustamante, the Managing Partner of Ludlow Capital
Research commented, "With the recent announcement of Chevy's
electric Volt the demand for alternative electric vehicles has been
gaining strong interest. On the small cap side, Sympowerco's subsidiaries, HOSS Motor Sports and
Highline Hydrogen Hybrids Systems, should offer operating holding
corps for joint ventures and development of electric motor car
solutions."
"The stock is considered highly speculative, but seems to be attracting
increasing attention from the market. Technically the stock has been
generating increasing strong retail volume, and looks to be making
an attempt to move above their longer-term trend line moving average.
Again, it may be a very small speculative micro-cap play, but on mere
momentum we wouldn't be surprised to see this company push up above
the $0.01 mark in the very near-term."
Sympowerco Corporation, an energy technology company, engages in the
design and development of clean and practical power and energy
solutions. It offers flowing electrolyte direct methanol fuel cell
for applications in small vehicles, motorbikes, retrofit, stationary
power supplies, and recreational markets. www.sympowercocorp.com
* Wall Street Newscast is currently attempting to schedule an online
interview with the company, and has issued an invitation for the
SYMW to present at its next investor conference in New York City's
Financial District. For more information on any upcoming events
regarding this company please register to our newsletter below.
Register to request a full copy of this research opinion at - http://www.wallstreetnewscast.com/form/newsletter.html
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Safe
Harbor Statements:
This
research report includes statements that may constitute
forward-looking statements made pursuant to the safe harbor
provisions of the U.S. Private Securities Litigation Reform Act of
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reflected in such forward-looking statements are based on
reasonable assumptions, such statements are subject to risks and
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