Stock Guru Profile ROTB
Promising relationship with Obvio! Rotoblock has a joint venture agreement with Brazilian small car manifacturer, Obvio! This agreement spells out Rotoblock’s road to revenue!
- To study the existing Oscillating Piston Engine in detail in cooperation with Rotoblock engineers. If necessary conduct additional test runs gathering performance data.
- To establish the design parameters of a new engine, including but not limited to space requirement, adaptability to CVTs and/or generators, horsepower and torque requirements, alternate fuels such as ethanol, natural gas etc.
- To design and construct a prototype engine at their facilities in Rio de Janeiro, Brazil To design and build a prototype hybrid drive.
- To test, modify and perfect the engine and drive train to a point where it can be mass produced and incorporated into the Obvio ! vehicles.
Revenue Agreement
For engines employing Oscillating Piston Engine technology installed into Obvio ! vehicles or sold to third parties, a royalty in the amount of US$100.00 (one hundred US Dollars) per engine shall be paid to Rotoblock.
The royalty payments will be paid in 10,000 increments of US $500.00.
Obvio ! will design of the Oscillating Piston Engine hybrid engine parallel with the development of the 828 and 012 production models. Obvio ! and allocate a minimum of 10% of its vehicle production, currently estimated at 50,000 units per year, to Oscillating Piston Engine equipped hybrid drives.
Rotoblock Corporation’s Oscillating Piston Engine (Link here for image of OPE)
Source: Electronic News Publishing and Gale Group
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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