The news kind of sold me. This may move faster than Itro with this just out. Im out $94 with Itro, but I think XYNG I have better chances?
Xynergy Corporation Moves Closer to Unveiling "Model T" Hydrogen Generator
Monday 04/14/2008 9:01 AM ET - Market Wire
Related Companies
Symbol Last %Chg
XYNG 0.0085 -5.56%
As of 3:59 PM ET 4/15/08
Xynergy Corporation (PINKSHEETS: XYNG), the upstart alternative energy company making noise with its bold announcements of its new invention, has predicted its hydrogen generator will become the "Model T" of all alternative energy generators. "We know what we have, and soon, so will the rest of the world," says interim CEO Joseph Emas. "We predict it will be superior to the model we originally anticipated, more dependable, less expensive, more accessible and easier to retrofit. We believe it will set the standard for alternative energy generators, just like the Model T Ford did in the advent of auto making. Although we cannot guarantee our success in the marketplace or acceptance by the public of this means of alternative energy, we believe that in an era of skyrocketing energy prices, and possible recession, our energy generator will help in almost every application requiring fossil fuel, saving consumers substantial money, all while emitting pure oxygen into the atmosphere."
Why The Company Remains Protective in Description of Technology, Dissemination of Information
We understand the public is anxious for more detailed information and would be pleased to provide it to them. But at the same time we must weigh the need for disclosure of the details of our proprietary technology against the need for product based security and the long term success of producing this revolutionary technology so that it may serve the public and eliminate dependence on foreign oil. We are in a competitive field of monopolies, including large oil companies, who may recognize that our success would be disadvantageous to their profitability and reduce our dependence on their products. Further, they are developing their versions of alternative sources of energy in recognition of the marketplace requirements and demand for such alternatives. Premature disclosure of any details of our proprietary product would provide our competitors with a marketplace advantage that would be adverse to our prospective financial interests. We predict in the very near future, months, not years, that every American will have less expensive, more environmentally friendly and convenient choices to power our cars, boats, homes, industry and small businesses. We believe that the impact on oil consumption will be revolutionary. The cost of fuel domestically has reached market highs; the cost of fuel overseas is astronomical. We intend to provide a product that will modernize fuel consumption and provide a benefit to consumers in the United States and, eventually, abroad. While we cannot guarantee that our product will be as successful as we anticipate or result in exceptional profitability, we believe that we can provide a product that will benefit all consumers. That is our mission and we are dedicated to bringing it to fruition. Until then, we will disseminate information only insofar as to keep the public informed as required by law. We will not endanger the progress and potential of our technology for the sake of doubting bloggers or prospective competitors by giving specific technological secrets or any other proprietary information before its time.
Filing of the Form 10, Shareholder Conference Call Date
Earlier this year, the company released press that expressly stated our filing of the Form 10 was forthcoming. It was our intention to file within days of that announcement. However, new material developments necessitated a delay in the filing in order to include the material developments in the body of the Form 10. Our audits are complete, and the form 10 is near completion. We will announce shortly the date of filing, as well as the demonstration of some of our proprietary technology. The company will also announce a date for our shareholder conference call and call in number in the coming weeks.
ABOUT XYNERGY CORPORATION
Xynergy Corporation is a Nevada Corporation engaged in oil and gas exploration and production, investment and development of new domestic energy saving technology and the development of alternative energy solutions. The company was formed with the mission of investing in working and producing wells in hot bed regions of the U.S.as well as natural gas drilling operations that produce rapid, low risk but solid revenue growth. In addition to investing in low risk, profitable existing working operations, the company invests in high probability, innovative technologies that have the potential to produce explosive growth both in top line revenues, but also to impact its market capitalization and stock price. The company will always balance the need to produce profitable and sustained growth, against investing in unique, cutting edge technologies that have the potential to change the way in which the world relies and utilizes its resources to produce energy. The company is currently working in both arenas to establish both short term profitability and long term potential for explosive growth. Finally, the mission of Xynergy Corporation is to be a responsible global corporation that seeks to market and develop green and environmentally friendly product solutions to ensure the long term health and well being of our planet.
For additional information on Xynergy Corporation contact
This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
Safe Harbor Disclosure:
This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.
Contact:
Xynergy Corporation
This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
SOURCE: Xynergy Corporation
mailto:
This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
