Whistler Investments, Inc (WHIS) Receives Three Million Dollar Financing
22 April 2004 - 11:21PM
PR Newswire (US)
Whistler Investments, Inc (WHIS) Receives Three Million Dollar
Financing LAS VEGAS, April 22 /PRNewswire-FirstCall/ -- Whistler
Investments Inc. (OTCBB: WHIS)
(http://www.whistlerinvestments.com/) subsidiaries, R-Electric Car
Company (http://www.r-electriccar.com/), Global Electric
Corporation, (http://www.globalelectric.com/) and Solium Power Corp
(http://www.soliumpower.com/), emerging leaders in the development
and marketing of lithium ion vehicles and lithium ion powered
products worldwide, announced today that, further to the news
release dated February 24, 2004, Whistler Investments has now
received the $3 million dollars from the non-recourse loan to be
collateralized by stock. Holly Roseberry, President of Whistler
stated that "coupled with having highly desirable technology, this
$3 million dollar financing places Whistler Investments in a solid
position to dramatically accelerate its development, manufacturing
and marketing of all its products." On April 16, 2004 the "R-Car"
was featured in the Vancouver Province Newspaper written by Laura
Balance. "The new technology is centered on exceptionally powerful,
lightweight batteries with a very fast charging ability combined
with a much longer energy storage capacity. These lightweight
devices and low-friction electric power drive system allow the
electric vehicle to accelerate at an amazing pace. The specs on the
R-Car are impressive: The five-speed gearbox allows top speeds in
excess of 150 km/h and a range of over 160 kilometers. Along with
the prototype, R-Electric also brought a retrofitted ATV as well as
a Harley-Davidson motorcycle, both converted to electric." For more
on this article please visit:
http://www.canada.com/vancouver/theprovince/news/archives/story.html?id(equal
sign)554d4246-3b68-4053-b1d5-d5cee37dbb8c About Whistler Whistler
Investments, Inc. (WHIS) is emerging as a leader in the development
and marketing of Lithium Ion vehicles and Lithium Ion powered
products worldwide. Whistler believes our superior technology
coupled with an aggressive marketing plan will establish our
company on the world stage. With the global focus moving rapidly
towards addressing pollution, the need for sustainable, zero
emission energy is current. As legislation is dictating a move
towards this type of energy, we foresee this industry as one of the
fastest growing segments within the global economy. For more
information about Whistler Investments, please visit our website at
http://www.whistlerinvestments.com/. Forward Looking Statement This
press release may include forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934. These statements are
based on the Company's current expectations as to future events.
However, the forward-looking events and circumstances discussed in
this press release might not occur, and actual results could differ
materially from those anticipated or implied in the forward-looking
statements. Contact: Whistler Investments Investor Relations: (888)
669-1808 or (604) 646-5624 DATASOURCE: Whistler Investments, Inc.
CONTACT: Whistler Investments, Investor Relations: (888) 669-1808
or (604) 646-5624,
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