Dongfeng Motor Group Company (PK)【DNFGF】株式ニュース

These are the HLNT/DF HOSS JV FACTS as I know them:

Highline Technical Innovations, Inc. Announces Letter of Intent With Dong Feng Motors:
The letter of intent addresses the formation of a joint venture with
HTI's majority owned subsidiary, Hoss Motor Sports, with Dong Feng
Motors to manufacture, market and distribute the Hoss UTV. The
letter of intent also addresses the formation of a joint venture
between HTI's majority owned subsidiary, Highline Hybrids, and Dong
Feng Motors relating to implementation and production of Highline
Hybrid's hydrogen generator. http://ih.advfn.com/p.php?pid=nmona&article=44131402

Highline Technical Innovations, Inc. Announces Joint Venture With Dong Feng Motors:
Highline Technical Innovations, Inc., (PINKSHEETS: HLNT), majority shareholder
of HOSS Motor Sports, is pleased to announce a completed joint venture
with Dong Feng Motors, to manufacture and sell the HOSS line of UTVs. HTI
is scheduled to receive the first shipment of UTVs from Dong Feng Motors
in the first quarter of 2011. Per the terms of this joint venture, Dong Feng
Motors has also acquired the license and rights to manufacture and sell
the HOSS UTV within its own distribution channels, and provide royalties for
each unit sold to HTI. This UTV (Utility Terrain Vehicle) is designed
specifically for the sport utility, forestry, and construction industries.
In addition to the Hoss 500 we plan to introduce a three cylinder diesel
powered UTV. This will be the only diesel UTV manufactured with a supplemental
hydrogen fuel system on board. The Diesel model will enter the market priced
approximately $3,000.00 less than the closest competitor.
http://ih.advfn.com/p.php?pid=nmona&article=44466339

Highline Technical Innovations Announces Final Approval on the HOSS UTV:

Highline Technical Innovations, Inc. (PINKSHEETS: HLNT) announced today that
final approval has been given on the HOSS UTV. A representative for HTI has
been at the Dong Feng Motors development facility in China for the past three
weeks testing the performance of the first generation of the HOSS UTV.
Special attention was placed on the unit's electronic fuel injection system
and shift on-the-fly four-wheel drive. Small details were fine tuned to
assure top quality components and appearance. The rugged chassis design
allows the HOSS to enter extreme use conditions ranging from ranching to fire,
search and rescue. HTI reports that all of these features compare to any of
the major competition models currently available. Final approval has been
given to begin production on the model. One of the initial requirements of
the joint venture that Dong Feng Motors and HTI entered into was a mutual agreement
on the final prototype. Specific details were added to the HOSS at the request
of Dong Feng enhancing features essential for the Asian markets. HTI stated
that the first production unit is being shipped to HTI headquarters in Farmington,
Arkansas for assembly where video documentation of its performance will complete
final touches of the marketing plan that has been established for the HOSS. CEO
Charlton Coats stated, "We believe our final version of the HOSS was well worth
the wait. We are very excited about our approach to marketing and can't wait
to make our HOSS available to the UTV community."
http://ih.advfn.com/p.php?pid=nmona&article=47462810

Most Recent Information Communicated Directly from HLNT:

1. Will the Hoss be offered at a discount to shareholders again?

Yes, pending EPA approval.

2. Has a timeframe been established for the Hoss to become available to retail
sales?

EPA testing by the lab the UTV is at currently will take 30-90 days. The lab
will certify it and submit it to the EPA for verification of results. The
EPA can then either approve it or request a second test for confirmation.
Based on the information given to HTI, it could take up to nine months for
full certification.

http://www.theinvestorletter.com/hlnt.html

So, this is what is known thus far about the HOSS UTV, a Dong Feng
Highline Technical Innovations Joint Venture (tick: HLNT)