[Wolfdev-Momentum] News and Updates on ETCK
Jay
jay@e-mrktg.com
Tue, 3 Aug 2004 14:25:14 -0500
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<td width="165" bgcolor="#0E0068"><div align="center"><span style="font-weight: bold; color: #FFFFFF; "><font size="1" face="Arial, Helvetica, sans-serif">EnerTeck Corporation<br>
Symbol OTCBB: ETCK<br>
Category: Energy<br>
Rating: STRONG</font></span></div></td>
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<td><div align="center"><font size="6" face="Arial, Helvetica, sans-serif"><strong><font color="#FFCC00">EnerTeck Corporation Announces <br>
4-for-1 Stock Split </font></strong></font></div></td>
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<td width="329"><div align="center"><span style="font-size: 24px;font-weight: bold;"><font color="#000000" face="Arial, Helvetica, sans-serif">SOARING FUEL COSTS GOOD NEWS FOR ETCK...</font></span></div></td>
<td width="205" style="color: #000000;font-weight: bold;font-size: 14px;"><div align="center"><font color="#000000" size="1" face="Arial, Helvetica, sans-serif">Shares Outstanding: 8,491,509 <br>
Float (Estimate): 1,300,000<br>
Current Price: $1.60<br>
*Price Target: $3.00 - $5.00</font></div></td>
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<td><div align="left"><strong><font face="Arial, Helvetica, sans-serif"> (Reuters) - U.S. oil prices hit new record levels above <br>
$44 a barrel Tuesday as the head of OPEC said there was little the <br>
group could do to cool the red-hot market for the time being. </font></strong></div></td>
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<td width="290" valign="top"><div align="left"><span style="font-size: 14px"><span style="font-size: 24px; font-weight: bold; color: #000000; "><font face="Arial, Helvetica, sans-serif">Fuel Additive Saving the Transportation Industry Millions!</font></span><font face="Arial, Helvetica, sans-serif"><br>
In this report #802, we feature EnerTeck Corp. (OTCBB: ETCK) whose EPA registered fuel additive EnerBurn™ is creating a cleaner environment while helping prevent fuel costs from squeezing the paper-thin profit margins of motor carrier fleets around the world. <br>
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You’ve probably noticed the high prices of gasoline and diesel taking a bigger chunk out of your wallet at the pump lately. It hasn’t been easy on commercial transportation either. In order to increase profit margins, transportation companies are finding it necessary to find ways to save money on fuel consumption. The highly competitive transportation industry is constantly searching to improve efficiency and profitability. With its fuel additive EnerBurn™, ETCK is providing a solid solution for rising operating costs and is poised to prosper as oil prices continue to rise.<br>
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</font></span><font face="Arial, Helvetica, sans-serif"><span style="font-size: 24px;font-weight: bold;">Market Potential and Overview</span><br>
There are unprecedented demands for alternative methods of savings with diesel fuel prices soaring to more than $1.74 per gallon in the US, a $0.305 increase in just a single year. Trucking, locomotive, and maritime shipping concerns around the world continue to search for workable solutions to control the second largest operating expense—fuel. ETCK’s EPA registered fuel additive EnerBurn™ saves an average 10% in fuel costs compared to engines that are not treated with EnerBurn™.
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<p align="left" style="font-size: 14px"><font face="Arial, Helvetica, sans-serif"><span style="font-size: 24px;font-weight: bold;">Corporate Snapshot</span><br>
EnerTeck Corp.. (OTCBB: ETCK) is a Delaware corporation headquartered in Stafford, TX. ETCK specializes in performance-improvement catalysts for combustion engines, especially diesel engines and turbines. ETCK’s products result in increased fuel economy, longer engine life, and reduced emissions.</font></p>
<p align="left" style="font-size: 14px"><font face="Arial, Helvetica, sans-serif"><span style="font-size: 24px;font-weight: bold;">Proven Benefits</span><br>
A 3,000 truck fleet saved $24 million in fuel expense over a three year period, less the $4.5 million EnerBurn™ cost resulting in a net savings of approx. $19.5 million, and a ROI of 430%+.</font></p>
<p align="left" style="font-size: 14px"><font face="Arial, Helvetica, sans-serif">A 24 locomotive field trial over 1 year resulted in a 10.6% reduction in load-specific fuel consumption and 56% reduction in Copper wear metal in crankcase oil.</font></p>
<p align="left" style="font-size: 14px"><font face="Arial, Helvetica, sans-serif">8-15% Increased Fuel Economy, 30-50% Reduced Engine Wear, 10-20% Reduction in NOx Emissions, 25-70% Reduction in Smoke, and Up to 4% Increase in Brake Horsepower.</font></p>
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<td width="301" valign="top"><font face="Arial, Helvetica, sans-serif"><strong><font size="4"><font color="#FF0000"><font face="Arial, Helvetica, sans-serif"><span style="font-size: 24px;font-weight: bold;"><font color="#0000FF">Recent Developments</font></span></font><font color="#0000FF"><br>
EnerTeck Corporation Announces 4-for-1 Stock Split </font></font></font></strong></font>
<p><strong><font face="Arial, Helvetica, sans-serif">STAFFORD, Texas, Aug 2, 2004 (PRNewswire-FirstCall via COMTEX)</font></strong>-- <font face="Arial, Helvetica, sans-serif">EnerTeck Corporation (OTC Bulletin Board: ETCK) (the "Company") announced today its intention to take the appropriate steps to initiate a 4-for-1 forward split of the Company's common stock with an effective date of mid September, 2004. This forward split will allow EnerTeck to reach a broader investor audience by making more shares available in the public float and adjust the company structure to better position it for future capital raising transactions.<br>
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<span style="font-size: 14px"><font face="Arial, Helvetica, sans-serif"><strong><br>
6-22-2004 (PRNewswire-FirstCall via COMTEX) </strong></font><font face="Arial, Helvetica, sans-serif">-- EnerTeck Corporation (HYPERLINK"http://bigcharts.marketwatch.<br>
com/quickchart/quickchart.asp?symb=<br>
ETCK&o_symb=ETCK" ETCK) announced today that its wholly owned subsidiary, EnerTeck Chemical Corp. ("ECC") has entered into a distributor agreement with C & R Distributing, Inc. ("C&R") of El Paso, Texas.</font></span> <br>
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4-27-04 (PRNewswire)</strong>—EnerTeck Corporation (OTCBB: ETCK) announced today that on March 30, 2004, the U.S. Environmental Protection Agency (“EPA”) approved the registration of the Company’s second diesel engine treatment and fuel additive product known as EnerBurn™ EC5931A. </font></span> </p>
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<span style="font-size: 24px; font-weight: bold; color: #000000; ">Final Considerations </span><span style="color: #000000 "><br>
<strong>• The cost of diesel fuel cost is rising at a record rate, up $0.55 per gallon to an average of $1.77 per gallon in the last year alone.</strong></span></font></p>
<p align="left" style="color: #000000;font-weight: bold;"><font face="Arial, Helvetica, sans-serif">• The primary way to increase profit margins for commercial carriers is to save on fuel consumption and cost.</font></p>
<p align="left" style="color: #000000;font-weight: bold;"><font face="Arial, Helvetica, sans-serif">• Proven results include: 8-15% increased fuel economy, 30-50% reduced engine wear, up to 20% reduction in NOx emissions, 25%-75% reduction in smoke.<br>
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<font size="5"><span style="color: #FF0000 "><font size="4"> Example: <span style="color: #0000FF ">Using ETCK’s EnerBurn™,Consolidated Freightways trucking company measured and reported $24 million in fuel savings over three years.</span></font></span></font></font><font size="4"> </font></p>
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<td><font color="#666666" size="1" face="Arial, Helvetica, sans-serif">This email is for informational purposes only, and is neither a solicitation to buy nor an offer to sell securities. All assembled information within is subject to change without notice. The assembled information within this email is based on public information supplied by the company or from other sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. Information in this email may contain "forward looking statements" as defined under Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. An example of forward-looking information are statements relating to the future capital expenditures, future funding sources, anticipated sales growth, and potential contracts. These and similar forward statements are subject to a number of known and unknown risks and uncertainties outside our local control that could cause actual operations or results to differ materially from those anticipated. Power House Promotions accepts no liability for any losses arising from an investor's reliance on or use of this report. This assembled information is for informative purposes and is not intended to be used as the sole source of information on a company. Always do your own due diligence and consult a financial advisor. Power House Promotions has been paid $8,700 by Info Wire, for the presentation and dissemination of the assembled information. *Power House Promotions does not set price targets on securities. **The price target in this report #802 was obtained from a press release sent via (PRNewswire-FirstCall via COMTEX) on August 2, 2004.</font></td>
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