HotOtc.com - GNAU near breakout point
More on GNAU
Since GNAU has been trading flat for some time, even a slight move up could hit
people's radar as a breakout. Make sure you're watching this one closely
incase it starts to take off fast!
The U.S auto industry took one of its worst falls in generations in the past
couple of years.
Thankfully this is an advantage for a company like GNAU.
GNAU stays in business when people focus on their older cars and not on
upgrading to new ones.
It's a competitive market out there and GNAU has an advantage as they have the
ability to get reliable auto parts overseas!!
GNAU's division OE Source's Automotive Division is one of the most aggressive
and powerful automotive parts distributors with relationships with the largest
Japanese automotive manufacturing companies and China OEMs that extend into most
of Asia.
The automotive aftermarket industry is worth an estimated $257 billion in the
United States!
This is a huge sector.
GNAU President and CEO Dan Valladao has stated, "This year, we will do $12.5
million [in sales], and I bet we'll double that next year."
Wow, a company that could do over $12 mill in sales this year is huge when most
companies are struggling during these turbulent times.
GNAU is focused on expanding its operating growth platform through multiple and
ongoing acquisitions of successful niche manufacturing companies in the
automotive industry.
In the past year, GNAU has created a joint venture with another New York
company, SenCer Inc., to develop and market an new type of fuel cell for motor
vehicles.
The goal of the new division, known as GreenCell, is to produce a fuel cell
that's less expensive and more durable than those currently in use.
SenCer is providing the research and development, while GNAU is providing the
sales and marketing muscle to get the cells to the market.
Check out the GreenCell website here:
http://www.greencellinc.com
GreenCell has identified multiple industries with significant commercial
applications with potential revolutionary results. Some of the many applications
for this technology are SOFC Fuel Cells, Igniters, Braking, Oxygen Sensors,
Ceramic Heaters.
SenCer Inc. has developed a ceramic composite material called UltraTemp based
upon ceramic fiber/ ceramic matrix combinations. Several blends have been
developed with high purity oxide and carbide chemistries.
UltraTemp's unparalleled qualities enable new applications that previously have
not been possible!
One of two operating divisions of GNAU is OE Source (OES) imports and sells
hard-to-get auto parts from proprietary sources domestically and abroad,
fulfilling critical portions of its customers' supply chain.
These customers include large, multi-national distributors!
With global reach, OE Source can find and deliver most any automotive part or
accessory to the largest of automotive customers!
O2 sensors are used in all cars made for the United States and GNAU's division
OES specializes in engine management products such as O2 sensors, which is a
rapidly growing and government mandated segment of the auto supply industry.
Global automobile production is currently 71 million vehicles per year. Each
vehicle has an average of 2 oxygen sensors per bank of cylinders. Air quality
legislation mandates tighter emission controls and the number and complexity of
oxygen sensors is increasing.
Recent legislation in the United States doubled the number of oxygen sensors in
each vehicle!
As these vehicles age every oxygen sensor will have to be replaced. This
represents a gigantic market for GNAU!
This market globally has been estimated to be more than $8 billion a year and
growing!
More information on GNAU is available at:
http://www.generalautomotive.com
Always do your own research and consult with your own financial professional.
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