Here are some notes from an interview with Wei Luo, Vice President of Tanks Sports...
http://biz.yahoo.com/iw/070522/0256410.html

Progress of Ethanol based bike
- Finished 3000 mile road test with positive reactions
- Working on report of results
- Carb costs more, fuel tank costs more. Totally different than conventional.
- Slightly higher price than gas mc
- MPG 10 – 15% less mileage than gas. (E85 – 50% gas)
- Positive feedback from dealers

Financial Performance
- 2007 – 27M projected income
- EPS: 3 – 5% of net
- Largest parts for Chinese parts – Warehouse consolidation

Parts Warehouse
- 10 K SKUs’ for over 30 different brand names including Lifan, Honda, Yamaha
- Largest Chinese parts distributor in US.

- Favorite vehicle – Scooters are the most popular, ATV’s second
- Scooters sold out, limited inventory.
- Ethanol scooters soon.
- Ethanol 150cc and 250cc engines – can be used in scooters and bikes.

- Tank Sports is first company with Dealership network and manufacturer