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AZD has developed proprietary electric and hybrid electric drive technology for the light to heavy duty commercial vehicle categories

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Message: What can I say...... $$$

Just met with Scott & Ryan who are in Toronto for their July Investor's Presentation.

Well, what can I say about this company, only one word comes to mind $$$

No debt, no warrants, major shareholders & a concept in auto's that's catching on faster than a Ferrari.

What's really scary about this company is their potential is so large that you might not get in fast enough to reap the benefit. Ryan said they just got an unexpected order from Cintas (North American's largest uniform company) for 100 units. Cintas has a fleet of approx 8,000 trucks, if they are satisfied with their new purchase, they could order anywhere from 500-2000 additional units immediately. When asked if they could handle such order Scott laughed. I guess that was a Yes.

They currently sell Purolator 100% of their trucks (next time you drive behind a Purolator truck look for the blue sticker in the back), at&t just signed up, FedEx is on board and Ford has literally just paved the way for Azure to "start-up" in Europe.

Johnston Controls just built a $600MM facility in Michigan for their Lithium batteries and bought 3% of the company. If that is not a sign of some good fortune then what is ?

Approx 1,000 units away from a break even point in revenue, a number that could easily be surpassed by early 2011.

Only 1 blemish the entire meeting and that's their current float, with 600 million shares outstanding there is some concern about a share consolidation. In my opinion, who cares if my million shares gets reduced to 100,000, when this stock hits a few billion in revenue they'll have to split to make it affordable for those who missed out in the beginning.

Recommendation BUY and then BUY some more before it's too late.


Jul 29, 2010 02:19PM
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