GT Legend Automotive Holdings Inc. Signs LOI to Acquire US Wheel Exchange
2009年4月9日 - 9:00PM
Marketwired
GT Legend Automotive Holdings (www.gtlegendautomotive.com), a
publicly traded company under (PINKSHEETS: GTLA), is a Nevada
Corporation which was developed to meet the growing needs of the
ever changing automobile aftermarket with "Green Energy
Alternatives." GT Legend Automotive, known for their wheels, ground
effects, and its patented "electric drive shaft" hybrid conversion
kit, has just signed a LOI to acquire US Wheel Exchange based in
Detroit, MI for a stock swap and other considerations not yet
formalized.
US Wheel Exchange is one of the largest PVD chrome OEM wheel
exchange companies in the Midwest. US Wheel has been in business
for about three years and their customers include new car
dealerships, used car lots, tire shops and other wholesale wheel
and tire businesses.
GT Legend utilizes a revolutionary, environmentally friendly PVD
(Physical Vapor Deposition) process to produce excellent quality
chrome while meeting or exceeding all ROHS standards. It's obvious
that both an environmentally friendly and health conscious
alternative to today's chrome was needed. GT Legend Wheels were the
first wheels to be finished in "Capella PVD Chrome" finish. This
new Technology combines vacuum plating with powder coating as a
very durable replacement for traditional chrome. The chrome coating
is a vacuum deposition process that provides a much more uniform
deposit with improved adhesion (up to six times greater than
conventional acid bath chrome in some cases), a wider choice of
materials that can be coated, and there are no harmful chemicals to
dispose of. The PVD finish has been tested under the most stringent
automotive industry standards, exceeding the requirements of
traditional chrome and many painted finishes even under the
harshest of weather conditions of the East Coast.
SAFE HARBOR: Statements in this press release other than
statements of historical fact, including statements regarding the
company's plans, beliefs and estimates as to projections are
"forward-looking statements." Such statements are subject to
certain risks and uncertainties, including factors listed from time
to time in the company's SEC filings, and actual results could
differ materially from expected results. These forward-looking
statements represent the Company's judgment as of the date of this
release. The Company does not undertake to update, revise or
correct any forward-looking statements.
Parilla Investment Group Tom Parilla 814-824-4326
GT Legend Automotive (CE) (USOTC:GTLA)
過去 株価チャート
から 5 2024 まで 6 2024
GT Legend Automotive (CE) (USOTC:GTLA)
過去 株価チャート
から 6 2023 まで 6 2024
Real-Time news about GT Legend Automotive Holdings Inc (CE) (その他OTC): 0 recent articles
その他のGT Legend Automotiveニュース記事