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GreenChek Technology Inc. (GCHK)
Stock Symbol: GCHK
I would like everyone to research a new company that is in the green sector which provides innovative world-class mobile Greenhouse Gas (GHG) emissions reduction technology, while greatly enhancing fuel economy for the mobile transportation industry - with initial focus on trucks and locomotives. GCHK's Onboard Hydrogen Generation and Injection (OHGI) technology is positioned to occupy the pre-eminent position in the emerging market for emissions reduction technology and fuel economy enhancement. As the price of traditional gas and diesel fuel has skyrocketed globally, GCHK offers a clean, safe, inexpensive, alternative energy solution for the mobile transportation and industrial power generative industries as well as for individual consumers.
As we all know this industry is booming. It is very simple...lower emissions - higher gas mileage! GCHK's technology is fascinating!
A 2006 survey by Consumer Reports magazine found that more than one-third of American drivers were considering replacing their current vehicle with something more fuel-efficient! Now wouldn't it be amazing if you were able to accomplish the same goals and increase fuel efficiency without having to buy a new car? Well I discovered a company that can do just that! GCHK has developed a innovative solution to create and inject hydrogen into the existing fuel system of most vehicles that creates more power and boosts gas mileage!
GCHK could be a golden opportunity. GCHK is currently trading at $0.66 and has $42.4 Million market cap.
GCHK is positioned to capitalize on a rapidly growing market. The fuel optimization technology market was estimated at $35.3 BILLION in 2005 and is forecast to rise to $66.1 BILLION by 2011! The transportation sector is by far the largest market for fuel optimization technologies. This market was estimated at $27.8 BILLION in 2005 and is likely to exceed $52 BILLION by 2011!
GCHK is poised to become a recognized global leader in the design, manufacture, distribution and sale of Onboard Hydrogen Generation and Injection technology (OHGI). GCHK's patent-pending OHGI technology efficiently separates distilled water (H2O) into its two base elements. Hydrogen and oxygen are two of the most abundant elements on the planet. Only while the automobile is running does the battery provide the electricity needed to safely separate the water using our state of the art proprietary system. Our system then injects the hydrogen and oxygen into the engine combustion technology.
GCHK manufactures the smallest, most efficient, and most reliable product on the market!
GCHK's flagship patent-pending product is ERD-1.0. The ERD-1.0 system is compatible with any internal combustion engine regardless of fuel type (gasoline, diesel, ethanol, propane or natural gas)! What is amazing is that GCHK's ERD-1.0 system has been tested and proven by a third party which stated that GCHK's technology lowers emissions by as much as 50%, reduces fuel consumption, increases horsepower, improves engine life, reduces maintenance costs, and requires minimal driver maintenance and intervention!!!
Hydrogen is considered a near perfect energy carrier. Compared to conventional fuels, hydrogen has the advantages of being non-toxic, renewable, clean, cheap and producing more energy per pound. Hydrogen burns more rapidly than hydrocarbon fuels because its molecules are smaller. In addition, hydrogen molecules enter combustion reactions at higher velocity, have lower activation energy and incur more molecular collisions than heavier molecules. These characteristics make it possible to use mixtures of hydrogen and conventional hydrocarbon fuels to reduce emissions of unburned hydrocarbons.
This technology is unbelievable!
GCHK already has two distribution agreements with Thompson Transportation(TNT), the world's LARGEST transportation company, and is in discussions with Slovakia Railway and other German and Italian companies!
GCHK expects to turn cash flow positive in 2009 and record net profits of $6.9 million next year on revenues of $48.6 million! In fact, GCHK anticipates 60% average annual growth and revenues exceeding $185 million by 2012!
Just recently, GCHK made a run from $0.77 to $1.18 for a gain of 55% in the short term! Now that it looks like it could have formed a bottom at the current levels we could see another huge run in the near future!
Please take some time to research GCHK as soon as possible. In my opinion, we have a big week ahead of us!
More Updates To Come...
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Company website: www.greenchektech.com
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(The stocks mentioned by Wall Street Grand are very volatile stocks. Please always make sure you have a stop-loss order in place to protect you from any unexpected drops in PPS. If you need assistance please contact your broker or a Wall Street Grand representative at 1-888.9.Club Grand.)
Wall Street Grand's stock profiles are intended to be stock ideas, NOT recommendations. Please do your own research before investing. It is crucial that you at least look at current SEC filings and read the latest press releases. Information contained in this profile was extracted from current documents filed with the SEC, the company web site and other publicly available sources deemed reliable. The purpose of this advertisement, like any advertising, is to provide coverage and awareness for the company. WSG has been compensated Fifteen Thousand Dollars for the profile of GCHK by a third party Beacon Equity Inc. Never invest into a stock we discuss unless you are prepared to lose your entire investment. WSG may or may not trade the stocks mentioned in this alert which can effect the price of the stock. The information provided in this advertisement is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject us to any registration requirement within such jurisdiction or country. For our full disclosure please visit - http://www.wallstreetgrand.com/disclosure.html