Shares of Great Wall Builders Ltd. (OTC: GWBU), owner of manufacturing and distribution rights to an aftermarket device that improves the combustibility of gasoline or diesel fuels in internal combustion engines, are soaring in trading today.
At last check, GWBU shares were up 16.43% to $0.163 on volume of 7 million.
Great Wall Builders recently announced the successful completion of testing of its patent-pending Start FEED technology. The test was conducted by Cooperativa Trasporti di Riolo of Italy and demonstrated an average 15% fuel savings.
Cooperativa Trasporti di Riolo, which provides tourism and public transportation services, ordered an additional 100 Start FEED units at a cost of 1,125 euros per unit for its fleet roll-out to be delivered in the next 4 weeks.
CEO Daniele Brazzi said that the successful testing is another step for GWBU in the Italian trucking industry.
Recent Comments