Brian Dean, Publisher of OTCPicks.com, announced today that his firm has initiated Profile Coverage of GreenChek Technology (OTCBB: GCHK). Mr. Dean comments, " GreenChek Technology Inc., a leading globally focused provider of hydrogen based technology for mobile transportation and stationary power generation applications, announced recently that it has completed the initial stage of financing for the launch of its hydrogen related products. GreenChek manufactures an emission reducing device simply known as the ERD™ 1.0, which can be retrofitted to any vehicle regardless of fuel source. The company has received $300,000 USD from Accredited Investors in a Private Placement at $0.75 per share. The private placement is exempt from registration under the Securities Act of 1933, as amended (the "1933 Act") pursuant to Section 4(2) of the 1933 Act and Regulation D.”
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About GreenChek Technology
GreenChek Technology Inc. (www.greenchektech.com) is traded under the symbol GCHK on the OTCBB exchange and is based in San Francisco, California. GreenChek manufactures and distributes hydrogen injection technology which is primarily focused on mobile transportation applications, as well as stationary power generation applications. GreenChek provides innovative world class mobile Greenhouse Gas (GHG) emissions reduction technology, while greatly enhancing fuel economy for the mobile transportation industry. GreenChek’s Onboard Hydrogen Generation and Injection (OHGI) technology is positioned to occupy the pre-eminent position in the emerging market for emissions reduction technology and fuel economy enhancement. GreenChek has operations in the United States, Canada, Asia and Europe.
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Forward-Looking Statement: This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.
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