PRZOOM - /newswire/ -
New York, NY, United States, 2011/02/17 - Li-ion Motors Corp. (LMCO.OB) - Last trade: $1.0100 - price changed: $0.0900 - percentage gain: 9.78% - last close: $0.92 - volume: 725,658 - estimated dollar volume: $730,842.00.
The HIGHEST GAINING Penny Stock for Thursday, February 17, 2011 is Li-ion Motors Corp. (LMCO.OB)
Last Trade: $1.0100
Price changed: $0.0900
Percentage Gain: 9.78%
Last Close: $0.92
Estimated Dollar Volume: $730,842.00
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About Li-ion Motors Corp. (LMCO.OB)
Li-ion Motors Corp. (Li-ion), formerly EV Innovations, Inc., is an early-stage technology company. The Company is developing and marketing electric powered vehicles and products. It has developed a rapid charge system that reduces charge time by approximately 65%, which is being used and tested. It uses battery packs created in-house from Kokam cells in its converted vehicles. On May 25, 2010, the Superlattice Power, Inc. (Superlattice) License Agreement was amended to limiting the license granted to Superlattice to only the United States, permitting Li-ion to grant other licenses to companies in other parts of the world. Effective May 28, 2010, it entered into a License Agreement (the LEVC License Agreement) with Lithium Electric Vehicle Corp. (LEVC) providing for its license to LEVC of certain of its patent applications and technologies for electric vehicles and other applications.
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