Axial Vector Energy Corp (AXVC.PK)

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Last Post:  on 9/25/2009 2:33:05 PM | 121 Total Posts

Posted by:
Michae

07/14/2008
21:47:44 PM

Axial Vector Energy Corp (AXVC.PK) is “One to Watch” Axial Vector Energy Corporation is a Portland-based company focused on developing and licensing innovative internal combustion engine and electric power generator technologies for use in automotive, power generation, appliance, and military applications. By employing its patent-pending “axial flux” engine and generator set (GENSET) technologies, the company is able to produce highly efficient, cost-effective, and environmentally sensitive multi-fuel engines and motors that are scalable and adaptable for both mobile and fixed-location settings. Axial Vector Energy plans to use its flagship technology, Axial Vector Engine, to serve as the core of the company’s initial market applications. The revolutionary engine is unique for its ability to produce significantly higher horsepower and torque with considerably lower fuel consumption than similarly sized conventional engines. According to the company, the Axial Vector Engine is also less costly to manufacture and operate, while providing significant environmental advantages over standard internal combustion engines. The company has also developed a new line of high-power “Axial Flux” coreless electric generators that achieve 98.5% efficiency in converting mechanical to electric energy. Axial Vector Energy’s Axial Vector Engine can be seamlessly implemented with two 100 kW Axial Flux generators to create a 200 kW generator set, which is anticipated to become Axial Vector Energy’s first commercially marketed product. Axial Vector Energy is excited about the potential of its innovative engine and generator technologies, and - in order to protect its proprietary information and intellectual property - the company has filed several patents. Currently, the company has either filed or is in the process of filing ten patents, and other design patents have already been registered in jurisdictions outside of the U.S.Please see disclaimer on QualityStocks.net website: http://Disclaimer.QualityStocks.net

 

 

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Michael
2/17/2009 5:28:19 PM

Axial Vector Energy Corp. (AXVC.PK) has Developed Incredibly Efficient Electric Generators Axial Vector Energy Corp. has designed a revolutionary product line of high-power “Axial Flux” coreless electric generators that boast an incredible 98.5% efficiency rate in converting mechanical energy to electrical power. Because of their advanced design and high efficiency, the generators have virtually limitless potential in the high-end generator market. Some of the many advantages offered by Axial Vector’s generators include: lower installation and operating costs, computerized monitoring systems that continually identify and enforce ideal engine speeds and other engine parameters, an estimated 40,000 hours of run-time between major engine overhauls, small size and easy mobility, and the ability to run on multiple fuel types. The generators can also be marketed in numerous high-value markets including backup generator systems, emergency generation during catastrophes, electrification programs in Third World countries, and motor power systems for high-energy-use consumer and commercial appliances like refrigerators and air conditioners. With so many advantages over competing solutions and numerous high-value markets, Axial Vector is well positioned to become a dominate force of generator solutions. Please see disclaimer on QualityStocks website: http://Disclaimer.QualityStocks.net

 

 

 

Michael
2/20/2009 10:33:26 PM

Axial Vector Energy Corporation (AXVC.PK) Meets Energy Concerns with a Variety of Engine and Generator Solutions Energy is in the forefront of discussions in the US government and with consumers. Everyone seems to be seeking information on how to conserve energy, find alternative sources of energy, and new methods to store energy. Axial Vector Energy Corporation (AXVC.PK) is a company that owns, develops, and licenses proprietary intellectual property. The company has applied the technology to create smaller and more-lightweight internal combustion engines that produce more horsepower and three-times more torque than traditional engines of the same size. At this time, Axial is developing the client-base for four separate technologies: a multi-fuel engine, a marine/aviation “gas cam” engine, 200kilowatt GENSETS, and a line of highly efficient small electric motors that can be used for major appliances. The line of small electric motors use two opposing pistons for each cylinder that move in a smooth linear motion, distributing a balanced and steady level of energy with less fuel per unit versus conventional models on the market. Axial is approaching civilian consumers that use internal combustion engines (ICE) in boats, trucks, and power generators with their small electric motors. Amazingly, about 50% of all electricity produced in the US runs through electric motors, so the potential market for Axial is tremendous. The military is another major client that is investigating the use of Axial products in power production and mobile vehicle platform applications. To ensure that military needs are addressed, Axial has partnered with Adaptive Propulsion Systems to develop possible military applications of its multi-fuel “workhorse 7.2” engine. Adaptive also retains exclusive rights to sell products to the US military, NATO military forces, and the military forces of the Governments of the Gulf Cooperative Council, which includes the UAE, Saudi Arabia, Oman, Qatar, Bahrain, and Kuwait. Consumers and businesses continue to seek methods to conserve energy and become more efficient. As energy continues to be a major concern for many in the world market, the projected business success for Axial Vector is immeasurable. Please see disclaimer on QualityStocks website: http://Disclaimer.QualityStocks.net

 

 

 

Michael
2/23/2009 5:47:40 PM

Axial Vector Energy Corp. (AXVC.PK) Provides Update on Current Standing Axial Vector Energy Corp. today updated the investment community with recent developments concerning its business. Two days ago, the company was told its Credit Agreement from its primary lender, Emirates International Capital Advisory, was cancelled. Consequently, current plans and related expenses on listing the equity on a higher market have been temporarily delayed. However, the company has been negotiating with perspective new investors who have already agreed to subscribe to a new private placement, which would allow continuation and completion of bringing the company’s engines and generators to market. A bridge loan of $110,000 has already been received and transferred to the attorneys representing AVEC in its 4-year-old litigation concerning Transporter, Inc. The company continues to believe the case is without merit and will now proceed to trial on the issues over the bankrupt transporter software purchase. According to the press release, AVEC company representatives recently completed a site visit to the Engine Tec Inc. testing facility. The workhorse engine with its newly designed piston system has been re-assembled and is creating power. All other GENSET component systems have now been finalized, including the 100kW generator, rectifier, inverter, and engine management system. Mr. Sanjai Chhaunker, President of Axial Vector, commented, “While we are disappointed in the termination of our current credit agreement, we are pleased that other investors having conducted their own recent site visit are willing to support a re-capitalization of the company.” Mr. Chhaunker added, “In the interest of fairness to all of our long-term shareholders, we are offering the chance to participate in the lowest cost financing in the company’s history. The private placement is set at $0.10 per share for a total of $1,000,000. “The company has sourced and negotiated additional projects which can be acquired immediately on completion of an interim finance agreement. While the company is confident that its engines and generators will meet or exceed its original projections in both sales and profitability, the board has authorized these additional projects capable of generating revenue in energy related industries immediately,” he concluded. Please see disclaimer on QualityStocks website: http://Disclaimer.QualityStocks.net

 

 

 

Michael
3/9/2009 5:06:22 PM

Axial Vector Energy Corp. (AXVC.PK) Forms Joint Venture with Petrosonics, LLC Yesterday, Axial Vector Energy announced that it has formed a Joint Venture with Petrosonics, LLC of Reno, Nevada. This new Joint Venture will be named Petro-AVEC. AVEC Acquisitions Corporation, a wholly owned subsidiary of Axial Vector, and Petrosonics have formed the Joint Venture to develop, finance and market Petrosonics’ sulfur removal technology globally. Under the terms and conditions of the Joint Venture, AVEC Acquisitions will provide an initial $6.8 million of capital contributions. First, Petro-AVEC will concentrate its development, sales and marketing efforts in the worldwide refining industry. The Joint Venture will continue development of their proprietary technology for treatment of sour crude. Petrosonics, LLC CEO Dr. Mark Cullen commented, “We are extremely pleased and honored to announce the formation of a joint venture with AVEC and the extended AVEC family. Our experiences working with AVEC and with their colleagues at Emirates International Capital Advisory (EICA,www.emiratescapital.net) convince us that the combined financial and strategic strengths of both AVEC and EICA will enable and facilitate the commercialization of Petro-AVEC’s products, services and technologies.” AVEC Chairman Mr. Ahmed Khalifa stated, “Petro-AVEC products and services have broad application for removal of sulfur and nitrogen in multiple refinery applications. In-refinery testing has demonstrated that Petrosonics, LLC’s proprietary technologies and processes are capable of achieving both present as well as near term U.S. sulfur limits in refined diesel. These results were accompanied by increased hydrotreater throughput and efficiency.” He added, “Testing results at one major state oil company owned refinery, utilizing the Petrosonics fractionation/desulphurization process, showed annual per stream cost savings of in excess of $54 million and a per barrel reduction from $4.00 to $1.00. We believe that EICA is uniquely situated to assist Petro-AVEC in introducing its products, services and technologies to the worldwide production and refining industries. Longer term, Petro-AVEC’s continued development of technologies, products and processes for treatment of sour crude represents significant additional market opportunities.” Please see disclaimer on QualityStocks website: http://Disclaimer.QualityStocks.net

 

 

 

Michael
3/11/2009 5:29:07 PM

A Detailed Look at Axial Vector Energy Corp.’s (AXVC.PK) Joint Venture with Petrosonics Axial Vector Energy Corp. (AXVC.PK) announced this week that it has teamed up with privately held Petrosonics, LLC, of Reno, Nevada, to develop and market Petrosonics’ sulfur removal technology. Axial’s wholly owned subsidiary, AVEC Acquisitions, represents Axial’s side of the joint venture, and will contribute an initial $6.8 million. The joint venture will be named Petro-AVEC, and will focus on the global refining industry, while continuing development of proprietary technology for the treatment of sour crude oil. Axial Vector, commonly referred to as AVEC, is best known for the development and licensing of its revolutionary internal combustion engine and electric power generator technologies. The technology allows AVEC to produce unusually efficient multi-fuel engines that are highly cost effective, environmentally superior, and are scalable to all sizes. Petrosonics is a development stage intellectual property licensing firm specializing in oil refining technologies. It’s best known for using high power ultrasound to reduce sulfur, nitrogen, and trace metals in oil, while also reducing oil density and hydrogen loss. As a result, sour oil becomes less sour, making available more useable refined product, and effectively increasing the value of each barrel of oil. The company owns all of the significant intellectual property associated with ultrasound assisted oxidative desulphurization of all oil fractions, and the upgrade and desulphurization of crude oil, and has intellectual property coverage for more than half of all crude oil produced. In comments on the joint venture, AVEC Chairman Ahmed Khalifa emphasized the strength of Petro-AVEC technology: “Petro-AVEC products and services have broad application for removal of sulfur and nitrogen in multiple refinery applications. In-refinery testing has demonstrated that Petrosonics, LLC’s proprietary technologies and processes are capable of achieving both present as well as near term U.S. sulfur limits in refined diesel. These results were accompanied by increased hydrotreater throughput and efficiency.” He added, “Testing results at one major state oil company owned refinery, utilizing the Petrosonics fractionation/desulphurization process, showed annual per stream cost savings of in excess of $54 million and a per barrel reduction from $4.00 to $1.00. We believe that EICA is uniquely situated to assist Petro-AVEC in introducing its products, services and technologies to the worldwide production and refining industries. Longer term, Petro-AVEC’s continued development of technologies, products and processes for treatment of sour crude represents significant additional market opportunities.” Petrosonics CEO, Dr. Mark Cullen, stated that “the combined financial and strategic strengths of both AVEC and EICA will enable and facilitate the commercialization of Petro-AVEC’s products, services and technologies.” Please see disclaimer on QualityStocks website: http://Disclaimer.QualityStocks.net

 

 

 

Michael
3/11/2009 5:39:07 PM

Axial Vector Energy Corp. (AXVC.PK) to Make First Customer Demonstration of Engines and Generators Axial Vector Energy Corporation announced today that outside testing engineers have confirmed the 352 hp workhorse engine and 100kw generator are ready for customer demonstrations. Early next week, both will be demonstrated to civilian and military buyers as well as possible licensees. According to the press release, representatives from the wind industry, trucking, power generation and other key users have accepted invitations to view the demonstrations of these breakthrough products at the testing facility in Virginia. Mr. Sanjai Chhaunker President and CEO of AVEC commented, “This day of being able to show our running products is the milestone the company and its shareholders have been waiting for. These demonstrations also include key industry manufacturers in the engine and generator business that are eager to provide manufacturing capacity. Our products can provide jobs in the USA building cleaner, lower cost power alternatives using much less fuel whilst simultaneously providing much more power”. Mr. Ahmed Khalifa, Chairman of AVEC added, “Having this wonderful news in the same week we have entered into our Joint Venture with Petrosonics means our company is now poised to be the world leader in two of the most troubling areas of environmental concern. Cleaner engines and power using much less fuel and the only company in the world with proven technology to remove sulphur from oil, bodes well for our shareholders and the worlds environment”. The company also announced that a new video clip of the engine running in its test cell is now available at www.axialvectorenergy.com Please see disclaimer on QualityStocks website: http://Disclaimer.QualityStocks.net

 

 

 

Michael
3/13/2009 7:18:57 PM

Emirates Capital of Dubai Agree to Finance Axial Vector Energy Corp.’s (AXVC.PK) New Joint Venture with Petrosonics Axial Vector Energy Corporation announced yesterday that Emirates International Capital Advisory (EICA) will be financing the recently announced Joint Venture between Petrosonics LLC and AVEC called PETRO AVEC. The $7 million dollars of debt financing provided by Emirates Capital will be secured against AVEC’s ownership interest in the JV. EICA will be entitled to full repayment of its contribution from license fees received by the JV and will also have a five percent overriding royalty of per barrel income to the JV. AVEC also announced in the press release that it is restructuring its credit agreement with EICA, which was suspended due to lack of delivery of its engines and generator technologies which are now being delivered and presented to customers. Mr. Ahmed Khalifa, Chairman of AVEC, commented, “We are grateful to Emirates Capital for our new credit agreement and the financing of our Joint Venture with Petrosonics. All of this was made possible by our engineers finishing our products and the presentations we organized for Dr. Mark Cullen in the Gulf Cooperation Council Countries over the last two weeks with the world’s best oil producers and refiners. Our company agrees and will cooperate with President Obama to bring our clean and green technologies to the world.” Dr. Mark Cullen, President of Petrosonics L.L.C. added, “The EICA contacts and financial abilities were well demonstrated in my two weeks making presentations at the highest levels of Gulf National Oil companies, Family offices and Royal Family members. We will now activate our current pilot plant with outside experts to optimize the sulphur removals and heavy oil upgrades. With our patent matrix complete we believe the value of the joint venture has the ability to grow beyond the two billion dollar mark which I obtained when I was President of Sulphco (AMX: SUF).” Arash Masom, Senior Managing Director of Emirates Capital, stated, “From the beginning of the process, AVEC is the only company now capable of both completely removing sulphur from hydrocarbon products and to running engines on multi and clean fuels. Our new AVEC coreless generators are producing efficiencies only before seen in large room sized generators. We believed in AVEC from day one and now they have proved to us, and the world that their word was good.” Please see disclaimer on QualityStocks website: http://Disclaimer.QualityStocks.net

 

 

 

Michael
3/13/2009 7:41:35 PM

Axial Vector Energy (AXVC.PK) Joint Venture Based On World Class Technology Petro-AVEC, the new joint venture formed recently between Axial Vector Energy Corp. (AXVC.PK) and Petrosonics LLC, is focused primarily on one thing, the global marketing of Petrosonic’s proprietary technology for removing sulfur, while continuing development of their proprietary technology for the treatment of sour crude. The heart of the venture is the company’s sonic process for removing sulfur, and the worldwide patents that support it. Sonic energy (20-40 Khz) creates rapid pressure and temperature changes, resulting in the shearing open of the fuel molecule, and allowing the oxidation of contaminants. Specifically, oxidation converts thiophenes, and other heavy organic sulfur compounds, to sulfones, for easier removal. Petrosonics’ process for removing sulfur from crude oil and refinery products currently has patents, or patents pending, in 42 countries, and the process has been tested and proven by several major oil companies, including CITGO, Conoco, Sinclair, and Aramco. The company has approximately 200 claims pending before the U.S. Patent & Trademark Office, and additional claims involving nitrogen removal and product volume increase are under review. The technology involved covers roughly 55% of all crude oil production, 30% of all crude oil reserves (more, if you include Canadian tar sands and US shale reserves), and 40% of the world’s refineries. Benefits for producers include the following: • Crude and refined oil are made less sour, with diesel reduced to less than half the EPA requirements.• Crude oil is pre-cracked, with resulting volume increases of 10%-30%.• Significant value is added through reduced refinery operational costs.• Major EPA specified refinery upgrade costs are avoided.• Necessary equipment is available on a commercial off-the-shelf basis, saving time and money.• Technology has 24 identified uses between the wellhead, the refinery, and the pipeline. Please see disclaimer on QualityStocks website: http://Disclaimer.QualityStocks.net

 

 

 

Michael
3/16/2009 4:58:24 PM

Axial Vector Energy (AXVC.PK) Petro-AVEC Joint Venture Has Environmental Edge The new joint venture recently formed between Axial Vector Energy Corp. (AXVC.PK) and privately held Petrosonics, to market Petrosonics’ advanced sulfur removal technologies, is significantly strengthened by the presence of worldwide government movements to reduce sulfur emissions from automotive fuels. In addition, there is now increasing pressure to expand sulfur emission regulations to locomotives, ships, and other off-road fuels. Recently California proposed requiring ocean-going vessels to use lower-sulfur marine distillates when within 24 nautical miles of the coastline. Standard sulfur reduction technologies, such as hydrotreatment, are not cost effective for most small to mid-sized refineries, nor can they meet the anticipated global demand for zero sulfur levels. Petrosonics’ technologies, on the other hand, cover most of the oil producers and refiners in the world, irrespective of refinery configuration. Oxidative desulfurization technology can be used for multiple fuels, including gasoline and diesel. Utilization can be stand-alone in non-hydrotreatment fitted refineries and low-pressure hydrotreatment equipped refineries, including refineries in Asia and South America. Heavy and crude oil technology can be used throughout the world. A heavy oil upgrade and desulfurization can be performed by the producer prior to sales to increase value and markets to non-hydrotreater equipped refineries. This becomes important as world oil supplies get heavier, and sour and clean fuel initiatives are implemented. Petrosonics LLC owns all significant patents for oxidative desulfurization of refined products using ultrasound as a power source, a technology which increases the yield of useable product and heavy oil, while also generating cost savings. The company also has third-party validation of the efficacy of the technology, and testing has demonstrated that Petrosonics’ proprietary technologies and processes are capable of achieving both present as well as near-term U.S. sulfur limits in refined diesel. Supporters see it as an environmentally sound product that also promises increased value and cost savings, an enviable combination in the global marketplace. Please see disclaimer on QualityStocks website: http://Disclaimer.QualityStocks.net

 

 

 

Michael
3/17/2009 5:45:55 PM

Axial Vector Energy Corp. (AXVC.PK) Launches PETRO AVEC Website to Inform Customers and Investors Worldwide of New Joint Venture Axial Vector Energy Corp. announced that its new Joint Venture Company PETRO AVEC has lauched a website (www.petroavec.com) to educate customers and investors about its recently patented technology. Axial Vector is 40% holder of PETRO AVEC and will continue developing its proprietary technology for treatment of sour crude. The Joint Venture Company holds patents, among others, that have broad application for removal of sulfur and nitrogen in multiple refinery applications. Mr. Ahmed Khalifa, Chairman of AVEC, commented, “This will be our access portal to the world’s environmental groups, oil and gas producers and governments all of whom recognize the importance of removing the sulphur from oil and gas as a paramount step that the world must take.” He added, “With this Joint Venture, AVEC is now implementing its business plan quickly to clean the oil and the air we all breath, run it through our engines using much less of it, and then powering our generators to get 40 percent more power for the same input.” Please see disclaimer on QualityStocks website: http://Disclaimer.QualityStocks.net

 

 

 

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