Xynergy Holdings Surges on HydroXAssist Breakthrough
Xynergy Holdings, Inc. (XYNH) announced that results achieved during its three months of research and development on its HydroXAssist technology and 2008 Toyota Yaris were impressive and have surpassed its expectations for fuel efficiency increases.
Xynergy Holdings, Inc. [[XYNH.PK]], an environmentally-focused energy company, shares surged after it announced the results of its three month research and development program. The Toyota Yaris, which has a factory miles-per-gallon listing of 29/36 yielded an amazing 60 MPG after a HydroXAssist kit was installed on the automobile.
HydroXAssist uses distilled water combined with electrolysis to produce hydrogen using only 12 volts. Investors are hoping that this technology could be quickly commercialized to help consumers save a great deal as gas prices are rising at the pump. After all, consumers are always looking to save money on fuel and these tests prove that it can be done using technology.
“Needless to say, in light of what appears to be another upward tick in oil prices, our results signify a milestone for hydro assist technologies and consumer vehicles; consumers will have the ability to improve their fuel efficiency even in new vehicles, and more particularly in vehicles that already are considered to be fuel efficient,” says CEO J. Carlos Ley. “The consumer will always look to save money on fuel, and this test proves that it can be done.”
In the end, Xynergy remains a risky company with very little financial data available through the SEC or Pinksheets. However, the company’s recent test announcements appear very promising in an environment when oil prices are on the rise. As a result, prudent investors may want to wait on the sidelines for financial details, while speculators are clearly already getting in the stock.
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