Ssho.pk , Powi, Socb Updated By Pennytobuck.com
SSHO, South Shore Resources Inc., SSHO.PK
SSHO.PK is a company engaged in the development of products which are committed to the reduction of harmful greenhouse gases and fuel savings with the use of Hydrogen Generating Modules and related accessories to the transportation and automotive industries which are either in development and/or the commercialization stages.
SSHO.PK reported that it has conducted independent third party evaluation, testing and verification of the HyProStar Series of Hydrogen Generating Modules.
The objective of the evaluation and test was to evaluate, test and verify the impact that SSHO.PKs HyProStar Series of Hydrogen Generating Modules has on fuel economy and fuel efficiency.
DaSilva Racing of Pickering, Ontario was utilized for third party evaluation, testing and verification purposes.
A 2002 Volkswagen Cabrio was run for 15 minutes each at 80 KPH / 50 MPH on a stationary Dyno Jet for both Without the Unit and With the HyProStar Unit installed. The MPG Testing was conducted and recorded using a ScanGuageII by Linear Logic LLC for both Without the Unit and With the SSHO.PKs HyProStar Unit installed.
Test Results Are Summarized Below:
2002 Volkswagen Cabrio: Mileage Test
Without Unit: 47 MPG
With Unit: 55 MPG
There was a 17.02% increase in MPG.
There was a 14.55% fuel savings.
The results of the evaluation and testing indicated and verified by Mr. Joe DaSilva (of DaSilva Racing) are that SSHO.PKs HyProStar Series of Hydrogen Generating Modules have increased in fuel economy and fuel efficiency.
SSHO.PK believes that its HyProStar Series of Hydrogen Generating Modules are an obvious aftermarket alternative to Rising Fuel Prices and Harmful Greenhouse Gases.
More about SSHO.PK at www.southshoreresourcesinc.com
Power Integrations (Nasdaq:POWI) today announced that a federal district court has found that Fairchild Semiconductor willfully infringed its patents. Fairchild was found to infringe four of the company's patents following a jury trial in October 2006; the jury rejected Fairchild's challenges to the validity of the patents in September 2007; the court rejected Fairchild's enforceability challenges in September 2008; and the finding of willfulness follows a bench trial conducted in June 2009. The infringement was found to be willful on each of the four patents involved in the case.
Southcoast Financial Corporation (Nasdaq:SOCB) announced that it had unaudited net income of $742,000, or $0.16 per basic share, for the six months ended June 30, 2010. This compares to unaudited net income of $725,000, or $0.16 per basic share, for the six months ended June 30, 2009. The June 30, 2010 earnings per share are based on 4,553,903 basic average shares compared to 4,525,542 basic average shares for the six months ending June 30, 2009.
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by: Bill Pennyman
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