TPHX is up as much as 23.7% above were we alerted the stock on April 10th. That 23.7% gain is on top of the gain it made that day, a 31% gain.
Average volume for dates 3/23/15 through 4/10/15 – Just 20,069 shares.
Average volume for dates 4/13/15 through 4/20/15 – Now 596,772 shares! That is a 2870% Volume Gain!
— John Pentony (@StockGuruDotCom) April 10, 2015
Tanaris Power Holdings, Inc. (OTCBB: TPHX) Announces New High-Density Industrial Lithium-Ion Batteries by Tanaris Power
Tanaris Power Holdings Inc. (PINKSHEETS: TPHX) announced today that Tanaris Power Inc. has started development on a new line of Falcon vehicle batteries using high density Lithium-Ion cell technology. The new line of batteries will be called the “Falcon HD” series and will offer approximately 40% more energy density compared to current Falcon batteries. The Falcon HD series of Lithium-Ion batteries should be ready for end-user evaluations at the end of Q3, 2015. All Falcon and Falcon HD batteries are meant as a standard drop-in replacement for conventional 80 Volt industrial Lead-Acid batteries and will be available in various energy capacities from 215 Ah to over 860 Ah.
“The Falcon HD battery represents a big step forward in offering significantly increased energy density for numerous industrial vehicle applications.” commented Mr. Bruce Farmer, Tanaris Power Inc.’s CEO. “We are going to be able to give our customers 40% more power versus what they are able to get right now, or make the batteries 40% smaller. We believe that this new HD line will create many new opportunities for our products in applications where space is at a real premium or more energy density is needed in a fixed space.”
SAFE FOR FORWARD-LOOKING STATEMENTS
This news release contains “forward-looking statements” as that term is defined in Section 27A of the United States Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this document regarding the intentions, the expected timetable for completing any transaction and any other statements about Tanaris Power Holdings, Inc. managements’ future expectations, beliefs, goals, plans or prospects constitute forward-looking statements. Any statements that are not statements of historical fact (including statements containing the words “believes,” “plans,” “anticipates,” “expects,” estimates and similar expressions) should also be considered to be forward-looking statements. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects and development stage companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission document regarding the intentions, the expected timetable for completing any transaction, benefits and synergies of any transaction, future opportunities for the company, expectations regarding the value and benefits of any transaction and any other statements about Tanaris Power Holdings, Inc.’s managements’ future expectations, beliefs, goals, plans or prospects constitute forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and other applicable securities laws. Any statements that are not statements of historical fact (including statements containing the words “believes,” “plans,” “anticipates,” “expects,” estimates and similar expressions) should also be considered to be forward-looking statements. Except as required by applicable law, Tanaris Power Holdings, Inc. disclaims any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this document.