GT Legend Automotive Holdings Inc. (Pink Sheets: GTLA) has been rated
Speculative Buy with a price target of $0.18 by Beacon Analyst, Victor
Sula, Ph.D
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In the report, the analyst writes, “In 2009, the Company anticipates
selling 150-200 electric driveshafts. Management projects unit sales
rising to a 10,000 range in 2010, but believes unit volume could easily
rise to twice that amount given the new administration’s goal of cutting
emissions and encouraging the use of alternative fuels. In addition, a
retrofitting contract with a major fleet operator such as UPS or FedEx
could potentially add millions of dollars to GTLA’s revenues.”
Other companies focused on fuel optimization technology include: Ballard
Power Systems Inc. (Nasdaq: BLDP), Ener1 Inc. (Nasdaq: HEV), FuelCell
Energy Inc. (Nasdaq: FCEL) and Plug Power Inc. (Nasdaq: PLUG)
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expressed herein accurately reflect the analysts' personal views as to
the subject securities and issuers. BeaconEquity.com is not a registered
investment advisor and nothing contained in any materials should be
construed as a recommendation to buy or sell any securities.
BeaconEquity.com is a wholly owned entity of BlueWave Advisors, LLC,
which has been compensated six thousand five hundred dollars from
Bismark Consulting, a shareholder of GTLA, as a marketing budget to
manage a comprehensive investor awareness program including the creation
and distribution of this report as well as other investor relations
efforts. This report is based on data obtained from sources we believe
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