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Dear Investors Since the October 2001 lows, the market has bounced,dipped and bounced again to new highs (a bullish signal) so it looks like we may be beginning the healing process. The general health of the economy is showing signs of recovery. The unemployment rate is down, and visibility ofmany companies is on the horizon. What does this mean to investors? It means that NOW is the time to position your portfoliowith undervalued, undiscovered companies and CAPITALIZE on the emerging new Bull market. As such
INTERNET VIP, Inc. (IVIP) DBA NEWTECH BRAKE CORP, has
entered into a re-organization and re-orientation of the Company.
These changes are being made pursuant to an Asset Acquisition
and Change of Control Agreement dated as of April 11, 2002 between
IVIP and NewTech Group International, Inc., of Blainville, Quebec.
In essence, the agreement calls for the spin-off of the former
IVIP telecom business into a new corporation, and the simultaneous
acquisition of the rights to exploit the patents for a revolutionary
heavy vehicle braking system developed by NewTech Group. In addition,
IVIP has turned over control of the Company to senior management
of NewTech Group to administer and profit from the newly acquired
assets. The new business of the Company is to identify, develop
and exploit, under licenses bought from NewTech Group,opportunities
to provide a new full contact disc brakes and related components
to the North American and European heavy vehicle market. These
new brakes are called NT brakes.
The motor vehicle industry has been in existence since the 19th century and can be classified as a mature and performance/cost driven. Brakes are complex, high-precision components and part of the most critical components of motor vehicles. Nevertheless, there has been no significant innovation in the brake industry for over fifty years, and the caliper concept disc brake has reached its optimal development potential. As a result, the brake industry is very competitive, with a small number of suppliers depending on economies of scale and intra-industry consolidation for growth. Although disc brakes have gradually replaced drum brakes in automobiles and light trucks in North America, they have not proven significantly superior and economical to use on trucks,trailers and buses. Drum brakes, a technology that dates back to the First World War, are still installed onapproximately 97% of heavy vehicles, i.e., classes 7 and 8, in operation in North America. A significant fact, and key to NewTech Brakes marketing strategy, is that the customer selects the brakes to be installed even when purchasing his new bus or truck. Competitive factors are: durability and reliability, price, ease of installation, low maintenance requirements and light weight combined with high strength |
The patented NewTech full contact disc brake is a bold departure from conventional braking technology. It combines disc brake braking efficiency, lighter weight with large contact friction area comparable to drum brake. The NewTech brake can stop a truck, loaded to its maximum gross weight, from 60 MPH in less than 200 feet. After nearly ten years of virtual and computer design, the expenditure of over US $30 million of research and development work, and more than two years of extensive testing, the current design of the foundation full-contact brake is now ready for industrialization and commercialization.
The Company plans to address three markets: The North American and European OEM plus brake maintenance markets are currently estimated at US$7.1 and US $5.8 billion per year respectively . They plan to capture 7.5% of this marketby year 2007, resulting in US$900 million annual revenue.
Highly innovative, patented product line, be part of acompany
that will set new standards (cost effectiveness, safety,efficiency
and durability) for its industry IVIP currently is going over a major re-organizational project with market potential of sales of USD 900 million annualy in revenues. |
DISCLAIMER: Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through the use of words such as "projects", "foresee", "expects", "will," "anticipates," "estimates," "believes," "understands" or that by statements indicating certain actions "may," "could," or "might" occur. All information provided within this email pertaining to investing, stocks, securities must be understood as information provided and not investment advice. Emerging Growth Stock Alert advises all readers and subscribers to seek advice from a registered professional securities representative before deciding to trade in stocks featured within this email. None of the material within this report shall be construed as any kind of investment advice. In compliance with the Securities Act of 1933, Section17(b), Wall Street Stocks discloses the receipt of 176k free trading shares of IVIP from a third party for the publication of this report and additional services related to IVIP. Be aware of an inherent conflict of interest resulting from such compensation. Be aware of an inherent conflict of interest due to our intent to profit from the liquidation of these shares. Part or all of this position may be sold at any time, even after we have made positive statements regarding the above company. All factual information in this report was gathered from public sources, including but not limited to SEC filings, Company Press Releases, and the company's website. Wall Street Stocks believes this information to be reliable but can make no guarantee as to its accuracy or completeness. Use of the material within this email constitutes your acceptance of these terms. |
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