PRZOOM - /newswire/ -
New York, NY, United States, 2010/04/16 - EMOT today announced that it successfully provided the full range of disclosure required for the company to be elevated to the Current Information Tier on the OTCMarkets website.
Electric Moto Corporation, Inc. (Pink Sheets: EMOT) a leading technology and lifestyle company dedicated to the development, production and distribution of zero emission vehicles and related products, and the developer of the first 72 Volt Dual Sport Electric Motorcycle, today announced that it successfully provided the full range of disclosure required for the company to be elevated to the Current Information Tier on the OTCMarkets.com website.
According to Robert Lancellotti, Chairman of the Board of Directors of Electric Moto Corporation, Inc.: “In a difficult economic environment, and through difficult intra-company circumstances, Electric Moto has made significant strides in the last year. It is a major step for our shareholders that we can provide the level of corporate, financial, technical and organizational disclosure that will give a full and current basis on which to evaluate our company.”
Mr. Lancellotti went on to mention that “Electric Moto’s 72V DS Electric Motorcycle represents breakthrough technology, with multiple applications, which will be the subject of further announcements in the near future.”
“The most important consideration here and now is that Electric Moto will continue to provide full disclosure to its current shareholders, as well as to future investors and customers, as we look forward to steady progress in increasing the company’s value.”
California based Electric Moto Corporation (electricmoto.com) is a leading technology and lifestyle company dedicated to the development, production and distribution of zero emission vehicles and related products. The 72 Volt Dual Sport electric motorcycle leads the charge of EMOT’s “Green” vehicles. Visit “On The Drawing Board” section of the company web site to view additional plans for EMOT’s electric bicycle, ATV and personal watercraft.
Statements contained in this communication that are not based upon current or historical fact are forward-looking in nature. Such forward-looking statements reflect the current views of management with respect to future events and are subject to certain risks, uncertainties and assumptions. Should one or more of these risks or uncertainties materialize or should underlying assumptions prove incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated or expected, or described pursuant to similar expressions.
In addition, this communication is not and shall not be deemed to be an offer to sell or solicitation of an offer to buy any securities of the above mentioned company.