Energtek, Inc., a leader in alternative technologies for the storage and movement of natural gas, is a company at the right place at the right time. They have a lock on a technology attractive to potentially hundreds of millions of Asian consumers because it can dramatically reduce their fuel costs, and attractive to governments because it can dramatically reduce pollution.

The technology is a proprietary system, unmatched by anything else, that allows small 2 and 3-wheeled vehicles, the primary mode of transportation in many Asian countries, to run on cheap, clean natural gas (NG). By converting these small vehicles to natural gas, emission reductions are substantial, including a 90% reduction in the greenhouse gas carbon dioxide. In addition, drivers’ fuel costs are significantly reduced, though the exact percentage depends upon the cost of gas and other factors.

Until now, however, there has been a problem

Energtek, Inc. closed today at $0.33, up 22.22%, on 1,193,921 traded shares. With an average daily volume of 40,629, it is no surprise that the stock traded a record number of shares. This morning the company announced that it has successfully demonstrated its converted natural gas tricycles to government officials in Manila. To view the complete news release, follow this link: http://blog.qualitystocks.net/?p=15243

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Energtek Inc., a world leading developer of Adsorbed Natural Gas (ANG) technology, announced this morning that its fully-owned subsidiary, Energtek Philippines Inc., successfully demonstrated its converted natural gas tricycles to government officials in Manila last week. The three-wheel vehicles were converted utilizing Energtek’s proprietary CNG Lite(TM) technology.

Energtek’s engineering team performed both the vehicle conversions and demonstrations. CNG Lite(TM) technology was presented to numerous governmental officials involved in the various aspects of the nation’s public transport programs. According to the press release, the presentations were attended by both executive and technical teams of several governmental departments. Photos of the presentations are available online at http://www.Energtek.com.

The Philippine Government intends to include tricycles in the nation’s official Natural Gas Vehicle Program for Public Transport (NGVPPT). The NGVPPT, passed in 2002, is a nationwide program that ‘aims to enhance energy supply security in the transport sector through fuel diversification