ElectricMotorcycleForum.com

  • April 27, 2017, 07:27:02 AM
  • Welcome, Guest
Please login or register.

Login with username, password and session length
Advanced search  

News:

Electric Motorcycle Forum is live!

Pages: [1]

Author Topic: Electric Moto Status  (Read 2063 times)

skadamo

  • Administrator
  • Hero Member
  • *****
  • Posts: 1343
    • View Profile
Electric Moto Status
« on: July 28, 2011, 04:15:28 AM »

I believe these guys are not much more than a publicly traded company anymore. No product.
http://finance.yahoo.com/q?s=EMOT.PK
« Last Edit: September 22, 2011, 06:34:36 AM by skadamo »
Logged

rollandelliott

  • Jr. Member
  • **
  • Posts: 84
    • View Profile
Re: Electric Moto Status
« Reply #1 on: August 31, 2011, 07:38:56 PM »

Looks like another failure. this news report says they might be acquired by another company

NEW YORK, NY--(Marketwire - 05/04/11) - Electric Moto Corporation (Pinksheets:EMOT - News), 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.
Logged

skadamo

  • Administrator
  • Hero Member
  • *****
  • Posts: 1343
    • View Profile
Re: Electric Moto Status
« Reply #2 on: September 01, 2011, 02:31:11 AM »

Ok, they should get a deal on EMOT.pk. Now worth $ .003 per share.

Hmm.
Logged
Pages: [1]