SYMW - Sympowerco Corp. (PINK Stock)

[G Dog]

SYMW is looking very strong on a very red day!

[paperchase]

SymPowerco Signs LOI to Acquire Majority Stake in Highline Hydrogen Hybrids
7:30a ET June 30, 2009 (Market Wire)
SymPowerco Corporation (PINKSHEETS: SYMW) CEO John Davenport announced today that the company has signed a Letter of Intent ("LOI") with Texas businessman Steven Humphries for the acquisition of a majority interest in Highline Hydrogen Hybrids, Inc. ("HHHI"), the manufacturer of a unique and proven hydrogen conversion system for gasoline and diesel-powered vehicles.

In April of 2009, Humphries entered an agreement to purchase 70% of HHHI. Under the terms anticipated by today's Letter of Intent, Mr. Humphries will assign his HHHI interest to SymPowerco.

HHHI's unique supplemental hydrogen fuel system, in addition to reducing dangerous emissions, has been shown to enhance the fuel efficiency of internal combustion engines by as much as 25% and to increase horsepower by an average of 10%. HHHI also plans to release a commercial version of its supplemental fuel system for use on Over-The-Road commercial vehicles.

HHHI's unique hydrogen converter has undergone rigorous testing and has a patent pending. The company is currently relocating from Northwest Arkansas to a 380,000 square foot building on 30 acres in Dumas, Arkansas. HHHI officials project gross sales of their products to reach nearly $3,400,000.00 over the next 18 months.

Stated SymPowerco CEO John N. Davenport, "We at SymPowerco are very excited about the potential HHHI revenue streams and the synergies that HHHI's efficiency enhancing products could bring to our company. We believe that HHHI's products would complement our Flowing Electrolyte Direct Methanol Fuel Cell technologies by allowing SymPowerco to not only replace the internal combustion engine with the fuel cell in many applications but to also offer products to help reduce the environmental and energy-related impacts of the remaining fleet of vehicles powered by internal combustion engines."

SymPowerco Corporation develops advanced fuel cell and power delivery systems for the rapidly growing personal transportation and portable power system markets being created by today's energy and environmental challenges.

Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to the Company or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors such as the level of business and consumer spending, the amount of sales of the Company's products, the competitive environment within the industry, the ability of the Company to continue to expand its operations, the level of costs incurred in connection with the Company's expansion efforts, economic conditions in the industry and the financial strength of the Company's customers and suppliers. The Company does not undertake any obligation to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties.

Contact: Investor Relations 775-636-8486 Email Contact

SOURCE: SymPowerco Corp.

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[paperchase]

SymPowerco Advances Acquisition Initiatives
7:30a ET July 13, 2009 (Market Wire)
SymPowerco Corporation (PINKSHEETS: SYMW) CEO John Davenport announced today that the company's discussions to acquire majority interests in Highline Hydrogen Hybrids, Inc. ("HHHI") and Hoss Motor Sports, Inc. ("HMSI") have reached an advanced stage and that SymPowerco, HMSI and HHHI have exchanged comprehensive documents detailing the scope and terms of multi-level acquisition agreements. Subject to the completion of due diligence by all parties, shareholders can expect final decisions with respect to the acquisitions in the very near term.

Both HMSI and HHHI are rapidly completing their moves to larger facilities in Dumas, Arkansas. Full-scale production is expected to start for both companies at their new facilities later this summer. The companies are engaged in several initiatives to expand the markets for their products, to increase their product lines and to expand the intellectual property bases associated with their respective products.

HHHI has developed a unique supplemental hydrogen fuel system for Internal Combustion Engines that reduces dangerous emissions, enhances fuel efficiency by as much as 25% and increases horsepower by an average of 10%. HHHI plans to release a version of its supplemental fuel system for use on Over-The-Road commercial vehicles.

Hoss Motor Sports Inc. intends to produce several types of Off Road Utility Vehicles at its new Dumas, Arkansas site including vehicles designed specifically for Search and Rescue, Construction Sites and for Sport Utility and Off Road Enthusiast markets.

[paperchase]

SymPowerco Receives Grant Agreement Documentation
8:34p ET July 13, 2009 (Market Wire)
SymPowerco Corporation (PINKSHEETS: SYMW) CEO John Davenport announced today that the company's majority-owned subsidiary, Polygenic Power Systems ("PPS"), has received an agreement document setting forth the terms and conditions of grant funding for the company's Flowing Electrolyte Direct Methanol Fuel Cell (FEDMFC) advanced development program at Carleton University in Ottawa, Ontario, Canada.

SymPowerco is also very pleased to announce the Centres of Excellence in Canada's Province of Ontario is the granting agency. The Centres of Excellence is the Ontario government's pre-eminent research-to-commercialization vehicle.

SymPowerco, PPSI, Hybrid Energy Technologies, Inc and Carleton University's Department of Mechanical and Aerospace Engineering submitted the joint application to the Centres of Excellence for a grant to aid in the development of the FEDMFC. The grant was approved after extensive agency assessment and multiple academic and commercial peer reviews.

SymPowerco and its partners are currently reviewing the terms and conditions of the agreement and details will be released upon signing of the agreement. SymPowerco's management considers approval of the grant to be a major endorsement of the company's Flowing Electrolyte Direct Methanol Fuel Cell technology and its development program.

[paperchase]

SymPowerco and HMSI Enter Joint Design Discussions
6:48p ET July 14, 2009 (Market Wire)
SymPowerco Corporation (PINKSHEETS: SYMW) CEO John Davenport announced today that the company and Hoss Motor Sports, Inc. ("HMSI") have entered discussions for the development of design criteria and specifications for Prototype Hybrid Electric Powered Test Vehicles. The company recently announced that it had signed a Letter of Intent to acquire a majority interest in HMSI, the manufacturer of Ultimate Terrain Vehicles.

The joint design project will include a needs assessment to determine the suitability of HMSI's new facility for research and development of prototype electric vehicles to be used as test vehicles for SymPowerco's Flowing Electrolyte Direct Methanol Fuel Cell and related Hybrid Power Systems.

Stated SymPowerco CEO, John Davenport, "Hoss Motor Sports is entering a new phase of its operation in a new facility. They are already engaged in the development of new small vehicles for several diverse markets, including markets for electric vehicles. We will require test vehicles of varying design and weight that can be easily modified for several combinations of power supplies and battery systems. We believe that SymPowerco and HMSI can advance their respective technologies at substantially reduced costs if we develop projects with shared engineering objectives, personnel and facilities."

[paperchase]

SymPowerco Plans Hybrid Prototypes
7:30a ET July 15, 2009 (Market Wire)
SymPowerco Corporation (PINKSHEETS: SYMW) CEO John Davenport announced today that the company and Hoss Motor Sports, Inc. ("HMSI") have entered discussions for the development of design criteria and specifications for Prototype Hybrid Electric Powered Test Vehicles. The company recently announced that it had signed a Letter of Intent to acquire a majority interest in HMSI, the manufacturer of Ultimate Terrain Vehicles.

The joint design project will include a needs assessment to determine the suitability of HMSI's new facility for research and development of prototype electric vehicles to be used as test vehicles for SymPowerco's Flowing Electrolyte Direct Methanol Fuel Cell and related Hybrid Power Systems.

Stated SymPowerco CEO John Davenport, "Hoss Motor Sports is entering a new phase of its operation in a new facility. They are already engaged in the development of new small vehicles for several diverse markets including markets for electric vehicles. We will require test vehicles of varying design and weight that can be easily modified for several combinations of power supplies and battery systems. We believe that SymPowerco and HMSI can advance their respective technologies at substantially reduced costs if we develop projects with shared engineering objectives, personnel and facilities."

[paperchase]

SymPowerco Acquires Majority Stake in HMSI, HHHI
8:30a ET July 28, 2009 (Market Wire)
SymPowerco Corporation (PINKSHEETS: SYMW) CEO John Davenport announced today that the company has closed an agreement with Mr. Steven Humphries and the shareholders of Hoss Motor Sports, Inc. ("HMSI") and Highline Hydrogen Hybrids, Inc ("HHHI") by which the company will acquire majority interests in both HMSI and HHHI. The closing of the agreement completes the terms of the Letters of Intent previously announced on May 11, 2009 (HMSI) and June 30, 2009 (HHHI).

Under the terms of the all-stock agreement, SymPowerco will acquire 70% ownership of both HMSI and HHHI by issuing to Mr. Humphries common shares representing 51% of the post-issuance outstanding shares of SymPowerco, to the shareholders of HMSI and HHHI shares representing 27.5% of the post-issuance outstanding shares of SymPowerco and to related parties shares representing 12% of the post-issuance outstanding shares of SymPowerco.

Hoss Motor Sports Inc. has designed several types of Off Road Utility Vehicles including vehicles designed specifically for Search and Rescue, Construction Sites and for Sport Utility and Off Road Enthusiast markets. Under the SymPowerco umbrella, HMSI will manufacture its advanced vehicles at HMSI's new facility in Dumas, Arkansas.

HHHI has developed a unique supplemental hydrogen fuel system for Internal Combustion Engines that reduces dangerous emissions, enhances fuel efficiency by as much as 25% and increases horsepower by an average of 10%. HHHI plans to release a version of its supplemental fuel system for use on Over-The-Road commercial vehicles. The HHHI products will also be produced in the company's new facility in Dumas, Arizona.

[paperchase]

SymPowerco Releases Details of Government Grant
7:30a ET July 29, 2009 (Market Wire)
SymPowerco Corporation (PINKSHEETS: SYMW) CEO John Davenport today revealed details of the terms of the recently announced government grant in support of the development of the company's unique Flowing Electrolyte Direct Methanol Fuel Cell ("FEDMFC"). Polygenic Power Systems, Inc. ("PPSI"), SymPowerco's majority-owned subsidiary, was recently informed by the Ontario Centres of Excellence ("OCE") that it was successful in its application for a grant from the OCE's Centre of Excellence for Energy.

The Centre of Excellence for Energy, a part of Ontario's Centres of Excellence, was created to address the significant challenges and opportunities posed by the current energy situation in Ontario, Canada. The Centre invests in and promotes cutting-edge research collaborations between industry and colleges, universities and research hospitals. The Centre's objective is to foster innovation in energy markets, systems and technologies. The Centre works with industry to solve problems by engaging the brightest minds at Ontario's universities and colleges in the challenges faced by businesses.

The grant has been approved in support of the FEDMFC development project to be undertaken by the Department of Mechanical and Aerospace Engineering at Carleton University in Canada's capital city, Ottawa, Ontario, in collaboration with PPSI, which is jointly owned by SymPowerco (70%) and Hybrid Energy Technologies of Toronto, Canada (30%). The total value of the project has a cash and "in kind" value of CDN $1,040,655.

SymPowerco CEO, John Davenport, commented, "We at SymPowerco are very excited and pleased that the lengthy application process for this grant has been so successful. Our application went through an exhaustive process of evaluation and peer review. The peer reviews were conducted by academics from various universities and research organizations and by successful business people. They were all chosen by the Ontario Centres of Excellence and were all anonymous to SymPowerco. We believe this process and the grant funding is very confirming of the importance and viability of SymPowerco's Flowing Electrolyte Direct Methanol Fuel Cell technologies."

[KittyCat]

SymPowerco Releases Details of Government Grant

Date : 07/29/2009 @ 7:30AM

Source : MarketWire

Stock : SymPowerco Corp. (SYMW)

Quote : 0.001 0.0 (0.00%) @ 7:59AM

SymPowerco Releases Details of Government Grant

GARDNERVILLE, NV -- (Marketwire) -- 07/29/09 -- SymPowerco Corporation (PINKSHEETS: SYMW) CEO John Davenport today revealed details of the terms of the recently announced government grant in support of the development of the company's unique Flowing Electrolyte Direct Methanol Fuel Cell ("FEDMFC"). Polygenic Power Systems, Inc. ("PPSI"), SymPowerco's majority-owned subsidiary, was recently informed by the Ontario Centres of Excellence ("OCE") that it was successful in its application for a grant from the OCE's Centre of Excellence for Energy.

The Centre of Excellence for Energy, a part of Ontario's Centres of Excellence, was created to address the significant challenges and opportunities posed by the current energy situation in Ontario, Canada. The Centre invests in and promotes cutting-edge research collaborations between industry and colleges, universities and research hospitals. The Centre's objective is to foster innovation in energy markets, systems and technologies. The Centre works with industry to solve problems by engaging the brightest minds at Ontario's universities and colleges in the challenges faced by businesses.

The grant has been approved in support of the FEDMFC development project to be undertaken by the Department of Mechanical and Aerospace Engineering at Carleton University in Canada's capital city, Ottawa, Ontario, in collaboration with PPSI, which is jointly owned by SymPowerco (70%) and Hybrid Energy Technologies of Toronto, Canada (30%). The total value of the project has a cash and "in kind" value of CDN $1,040,655.

SymPowerco CEO, John Davenport, commented, "We at SymPowerco are very excited and pleased that the lengthy application process for this grant has been so successful. Our application went through an exhaustive process of evaluation and peer review. The peer reviews were conducted by academics from various universities and research organizations and by successful business people. They were all chosen by the Ontario Centres of Excellence and were all anonymous to SymPowerco. We believe this process and the grant funding is very confirming of the importance and viability of SymPowerco's Flowing Electrolyte Direct Methanol Fuel Cell technologies."

SymPowerco Corporation develops advanced fuel cell and power delivery systems for the rapidly growing personal transportation and portable power system markets.

SymPowerco's soon-to-be majority-owned subsidiaries, HOSS Motor Sports and Highline Hydrogen Hybrids Systems, offer potentially expansive synergies and marketing opportunities with SymPowerco's Flowing Electrolyte Direct Methanol Fuel Cell and Hybrid Power System technologies.

Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to the Company or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors such as the level of business and consumer spending, the amount of sales of the Company's products, the competitive environment within the industry, the ability of the Company to continue to expand its operations, the level of costs incurred in connection with the Company's expansion efforts, economic conditions in the industry and the financial strength of the Company's customers and suppliers. The Company does not undertake any obligation to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties.

Contact:

Investor Relations: 775-636-8486

Email Contact: Email Contact

[KittyCat]

Finally making some headway here! Up 63% yesterday on ovver a billion shares, and ticking this morning.