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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: SSP who wrote (13633)11/8/1999 2:46:00 PM
From: Jim Bishop   of 150070
 
:-) my little ATF.V has news today too. Nice sale.

Alternative Fuel Systems Inc ATF
Shares issued 24,373,982 Nov 5 close $0.75
Mon 8 Nov 99 News Release
Mr. Ernest Granson reports
Alternative Fuel Systems has made significant progress with the Iranian
diesel engine manufacturing company, following the company's initial news
release of June 28, 1999, detailing the signing of a memorandum of
understanding.
Today the company announces receipt of an order of over 500 Sparrow
compressed natural gas fuelling systems to be fitted to Mercedes OM 355
engines during engine manufacture in Iran. The order is valued at
approximately $900,000.
IDEM is 30 per cent owned and manufactures under licence from Daimler
Chrysler. Iran, with the second largest natural gas resources in the world
is rapidly implementing the use of natural gas vehicles as a major policy
initiative to reduce imports of diesel fuel and to alleviate the serious
air quality conditions in its major cities.
(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com
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