Rotoblock Corp. — ROTB
Stock Guru Profile ROTB
Rotoblock Corporation’s Oscillating Piston Engine (Link here for image of OPE) is comprised of four major mechanical sub-assemblies. Each sub-assembly can be easily removed from the engine, allowing for rapid factory assembly and easy replacement or field servicing. The Oscillating Piston Engine has been specifically designed to maximize versatility of use. The Oscillating Piston Engines are employed to power electric generators, pumps and compressors, as well as a wide variety of other industrial and agricultural types of machinery.
Rotoblock Corporation signed a development and license agreement with Brazilian automotive company OBVIO ! for the development and incorporation of a more compact Oscillating Piston Engine into the OBVIO ! 828, 012 and subsequent models. (Link here for image of Obvio!)
OBVIO ! has agreed to license Rotoblock’s technology for the Oscillating Piston Engine (OPE) in exchange for US$5,000,000 (Five million US Dollars), paid through a royalty agreement on each unit sold. Rotoblock would receive additional royalties after terms of the initial agreement have been met. OBVIO ! is in the process of manufacturing two microcars powered by traditional internal combustion engines and OBVIO ! officials are interested in the Oscillating Piston Engine’s ability to be incorporated into an ethanol hybrid drive train projected for production.
“The business plan laid out for Rotoblock was to develop the Oscillating Piston Engine to a point where we could start generating revenue by licensing the technology,” said Rotoblock President Matthias R. Heinze. “Our new venture with OBVIO ! has allowed us to reach this milestone.”
Rotoblock says that the second generation of the Oscillating Piston Engine was constructed as a test model and would necessitate joint efforts with OBVIO ! to develop a more compact engine suitable for hybrid applications.
“The third generation Oscillating Piston Engine would be lightweight and compact enough for hybrid applications,” said OBVIO ! President Ricardo Machado. “Its small size opens the engine compartment to the availability of additional battery space. We think the result will be a microsports car with a lot of muscle and the fact that the Oscillating Piston Engine can also use ethanol makes the engine the ideal candidate.”
OBVIO ! calls its unique automotive designs microcars, small enough to park two to a normal parking space, or short enough to back into parallel parking spot. Bench seating allows room for three adult passengers. i-Mobile would supply an on-board multi-function computer, providing personal computing, GPS satellite navigation, satradio, Internet, e-mail and multimedia functions. Enhanced safety for the microsport cars uses an innovative elliptical ring structural design derived from aeronautical crash management technology.
Rotoblock Corporation’s principal activity is to acquire the rights to develop and market a new type of patented oscillating piston engine. Its primary business activities and strategies are conducted through its wholly owned subsidiary Rotoblock, Inc.
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Rotoblock Corp. — ROTB
Rotoblock Corporation 300 B Street
Santa Rosa, CA 95404
Phone: (707) 578-5220
Website: www.rotoblock.com
About Rotoblock Corporation: Rotoblock is focused on the continued development and improvement of the Oscillating Piston Engine to the state where its mechanical, ecological and economic viability leads to the profitable licensing of the manufacturer’s rights to a proprietary patented design or a partnership for its manufacture. The Company was incorporated in Nevada, is headquartered in Santa Rosa, California. The Company has full rights to the patents of the original Oscillating Piston Engine and believes the Rotoblock Oscillating Piston Engine has particular and useful applications in developing countries such as China and India and will be including these areas in the marketing and commercialization phase of this engine. Visit Rotoblock’s corporate website for details about the company, technology, and regulatory filings. The address is: http://www.rotoblock.com.
Safe Harbor For Forward-Looking Statements: Except for statements of historical fact, the information presented herein constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations and changes in consumer and business consumption habits and other factors over which Rotoblock Corporation has little or no control.
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