GreenChek Technology Inc. (GCHK.OB) Turns Heads of Investors and Helps Environment
Source: http://Blog.QualityStocks.net/?p=12578Posted on Thursday, September 25th, 2008 | In Small & Micro Cap
GreenChek Technology Inc. is working hard for the environment and making a splash on Wall Street. The company has developed a proprietary, hydrogen-generating system that helps internal combustion engines burn fuel more cleanly and efficiently.
GreenChek actually has two systems that have been making national news for the young company. Those two systems are: The Onboard Hydrogen Generation (OHG) and the ERD 1.0 system.
The Onboard Hydrogen Generation (OHG) system produces and then injects hydrogen gas into a regular internal combustion engine. Hydrogen enhances the combustion process by allowing a more complete fuel burn while significantly reducing harmful emissions typically consisting of unspent fuel.
The other system is compatible with any internal combustion engine regardless of fuel type. The ERD 1.0 system has been proven reliable over a testing period of two years, and independent trials conducted by a third party have demonstrated that the company’s technology lowers emissions by as much as 50% and reduces fuel consumption while improving the life of an engine.
The California based company is led by Lincoln Parke who serves as president and CEO of GreenChek. When people hear the name Lincoln Parke, they probably think of the famous California-based rock band, but they should know that this Lincoln Parke is responsible for developing GreenChek’s business strategy and may have found a way for the world to save money on gasoline, which is critical during these times. Parke is a graduate of the University of Toronto, where he excelled in their Bachelor of Commerce program, and has over 20 years of successful management experience.
With Parke at the helm and a new technology that is answering the needs of the world, GreenChek Technology Inc. is a company on the rise.
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California, GreenChek Technology Inc., hydrogen gas, Lincoln Parke, Small & Micro Cap, University of Toronto, wall street
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