Energy & Engine Technology Corporation is a Nevada Corporation formed in 1999. The Companys stock is currently traded on the over the counter bulletin board public exchange which is fully reporting.
The core business of the Company is the development of emerging technology for applications in (i) the energy industry oil and gas drilling, development, and redevelopment and in (ii) power systems innovative engine designs to produce more power, more efficiency, and improved emissions profiles.
Current operations consist of the operation of a 65-mile natural gas gathering system. The pipeline is located in an area where development potential of new oil and gas drilling and redevelopment of existing production to improve production of marginally producing wells is substantial. Specific technologies are being reviewed as testing and final stage development progresses.
EENTs is negotiating to acquire and/or license such technology for the energy industries as well as pursuing prospects for drilling programs in the pipeline area.
The company is also pursuing technology in new and innovative engine designs. Negotiations are underway for final stage development participation in engine design never seen before in power systems applications.
Total restricted shares 8,881,907
Total unrestricted shares 1,300,000
Balance at date 30 September 2001 10,181,907 |
