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Gold/Mining/Energy : Alternative Fuel Systems ATF:VSE
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To: Veritas who wrote (1741)8/4/1998 6:14:00 PM
From: bc  Read Replies (1) of 4605
 
Hi Veritas:

The interview was probably about 20 minutes or so.
Ed Mirosh explained the benefits of natural gas (cleaner burning and a much lower green house gas emitter and lower emitter of particle matter and considerably reduced nitrous oxide)and he also indicated that they are not engine designers, rather that they design fuel systems for existing engines.
He discussed the Mexico project and how the GM microbus surpassed emission standards. He also indicated that the VW Beetle that was tested there performed marvelously well and it was felt that it would qualify for Californian standards.
India was mentioned (Maruti as well) and also that they had recently completed testing there. Also Toyko and Hungary were mentioned and that discussions were ongoing.
She (interviewer) did ask when all the testing would be completed and when would they start selling the product. Ed responded that they are selling on assumption they will qualify for the applicable emission standards. ( as demonstrated in Mexico.)
When asked about Ballard, Ed indicated that they had done very well in the market and had a good product but it is not commercially viable today as the AFS systems are and that Ballard is years away.
All in all I thought the interview went well and it gave viewers a good understanding of their product and the fact that they are a NOW solution to a NOW problem.
As with Gerry Klopp's recent interview on Investor's Online, I sense a lot of strength and confidence in the company and its inevitable direction.
Hope I didn't miss anything.
Best wishes,
Bonnie
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