Greenchek Technology Inc is in the StockGuru Spotlight for May 10, 2010
Written by Editor on May 10, 2010
DALLAS, TEXAS : StockGuru announces that Greenchek Technology Inc (OTCBB: GCHK) is in the StockGuru Spotlight. GreenChek Technology, Inc. is traded under the symbol GCHK on the OTCBB exchange and is based in San Francisco, California. GreenChek manufactures and distributes hydrogen injection technology that is primarily focused on mobile transportation applications, as well as stationary power generation applications. GreenChek manufactures an emission reducing device simply known as the ERD™, which can be retrofitted to any vehicle regardless of fuel source. GreenChek provides innovative world-class mobile Greenhouse Gas (GHG) emissions reduction technology, while greatly enhancing fuel economy for the mobile transportation industry. GreenChek’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.
On Friday, the company put out news announcing its continued pilot program success in France. Preliminary results outlining the performance of the newly upgraded ERD™-3.0 show excellent results, which exceed GreenChek’s 8% emission savings goal. GreenChek is expected to host independent European third party testing to finalize emissions reduction and fuel savings tests in approximately one to two months. Management expects these results to be pivotal to a widespread uptake of the ERD™-3.0 throughout Europe’s trucking industry.
Shares for Greenchek Technology Inc (OTCBB: GCHK) were up during the late afternoon of trading on Friday and closed slightly up at closing.
To view our StockGuru Spotlight on Greenchek Technology Inc (OTCBB: GCHK), please visit:
http://www.stockguru.com
What is the StockGuru Spotlight?
The StockGuru Spotlight features stocks that we expect some action in. Generally speaking we expect a strong showing in the market based on the market, our knowledge of the stock and the buzz in the markets. Many times these will be stocks that have big news out recently, there is fresh interest in getting the word out on these stocks or we hear a buzz in our day to day contacts on these stocks. If we think it is going to move or see action, we put it in the StockGuru Spotlight. If we are compensated for a stock in the Spotlight, it will be clearly disclosed within this Spotlight Announcement.
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