The value proposition becomes even more enticing when we look at regions outside of the US such as Asia, South America, and parts of Europe where rising gasoline prices and low wages make motor vehicle travel completely cost prohibitive in many instances. And if you have a car so small you could park it in your bathroom, you may as well have a motorbike that can weave through daily commuter traffic too.

Perfect Storm of Trends for EMOT

EMOT currently benefits from a very favorable business environment in many regards. Currently, a perfect storm of trends are combining to bring demand for the company's low environmental impact motorcycles and all-terrain vehicles (ATVs) to an all time high. These trends include:

The Growing Popularity of Extreme/Action Sports - Action Sports is a $12 billion plus industry with more than 25M active participants. Sport showcases including ESPN's X Games are helping drive global interest, particularly with America's Generation Y population. Generation Y is comprised of more than 75 million people and possesses more than $200B in annual spending power while influencing another $300- $400B;

Rising Oil Prices Making Travel Cost Prohibitive - Crude oil is rapidly approaching $100 per barrel and the avg. price for a gallon of regular unleaded gasoline in the United States is teetering on $3.00. In response to the recent surge in energy costs, consumers around the world have never been quite so open to the idea of adopting alternative energy solutions, including electric and battery- powered vehicles;

Rapidly Increasing Global Energy Consumption, Growing Global Population Driving Need for Alternative Energy Solutions - World energy consumption will rise nearly 60% from 2004 to 2030 (EIA) while the global population grows by 211,090 every day (2007 CIA Fact book). Moreover, growing instability in the Middle East region, a leading global supplier of petroleum, is forcing the U.S. and its allies to focus more on domestic energy development than ever before;

The Push towards Green Energy & Eco-Conscious Products: The threat of global warming, increased governmental regulation of vehicle emissions, and the fact that current bio-fuel sources are proving to be less economical and environmentally friendly then originally thought are all playing a key role in the world's search for renewable energy sources;

Consumer Quest to For Economic Offerings - Overall cost of living increases and inflation in the U.S. are forcing consumers to cut spending and strive to become more efficient in every facet of their lives; and

Less Sound = More Ground: State/Local Governments Ban All Terrain Vehicles from parks, forests, and small residential properties - Excessive noise/fumes continue to prompt bans on recreational vehicles in some of the most prime landscape available to enthusiasts which slowing adoption growth and hindering overall participation.

EMOT is Changing the Game

With research firm IDTechEx forecasting in 2005 that the global electric vehicle market will grow from $16.1B to $227B by 2015, it appears that the opportunity for EMOT is major and growing by the day. However, straight battery-powered electric vehicles, or BEVs, have seen their performance related limitations hinder their true sales potential in recent years. Luckily for Electric Moto Corp, their Blade XT4 was designed for high-performance motor cross usage first and has been favorably evaluated by top riders and industry periodicals alike.

Essentially, all that the company needed to do once gaining recognition for its products in that circle was to alter and customize the Blade to meet the needs of both lower-tiered recreational riders and everyday consumers (i.e., drilling it down instead of ramping it up). I would guess that to be a much easier task that the initial decade-plus of fine tuning that went into ensuring that the bike was up to par with the motor cross world and well-respected industry publications as well as Forbes.

According to management, the company's sales and manufacturing capabilities are already optimally positioned and the initial funding currently being pursued will be the final component in facilitating its first stage of growth. With their landmark product already found in the garages of pro riders and now garnishing acceptance throughout Europe and the U.S., EMOT represents a potential timely and compelling early stage position in a budding market.

San Diego is Going Green

In San Diego, otherwise known as home to us, I watched this afternoon as my daughter participated in the ribbon cutting ceremony in my neighborhood for the city's newest fire station. As unceremonious as this sounds for most of you, there is a little tidbit here worth noting. As San Diego's Mayor, Jerry Sanders thanked Mike McGee, President and CEO of Pardee Homes (who,

I might add, for all of his notoriety looks and acts a bit shy) for building the "most beautiful fire stations" in the county.

The mayor went on to say that the government building was the first of many in San Diego to have the acclaimed LEED certification. He also stated that San Diego is striving to make all new construction of government buildings to LEED certification standards. As much as I would like to think that this is all because San Diego is progressive and environmentally conscious, I know it is more likely because these "green buildings" save a lot of money for the city.

Pardee Joins the Environmental Party

Pardee Homes now offers a "green house" option on their list of many upgrades and cities across the country are handing out savings of many a kind to those willing to make their homes more energy efficient. This kind of energy conservation has been a long time coming, and who knows, maybe former Senator, Presidential Candidate and Nobel Peace Prize winning author, Al Gore has sped up the process a little, but regardless of the catalyst, it is a burgeoning market with no signs of slowing and little choice but to keep growing.

LEED Certification for commercial buildings, if you remember, is a costly license to acquire for many contractors. Therefore, most LEED jobs go to a limited number of contractors who have this thriving little market virtually cornered while the rest of their industry scrambles to compete.

Financial News from Marmion Industries

Leading full circle to today's coverage of LEEDS certified HVAC contractor and manufacturer, Marmion Industries Corporation (OTCBB: MMIO). With a re-cap of their week ending 1/27/08, MMIO announced purchase orders totaling $211,242.51. The company appears to be benefiting greatly from its position as a local supplier in one of the country's hottest HVAC markets. With Houston's average high temperature between the months of May and October a balmy 88%, we're not being facetious.

Jobs created by Houston's thriving petrochemical industry in addition to the region's relatively low cost of living and recent population influx from New Orleans after Hurricane Katrina led it to become the country's 9th fastest growing housing market in 2007 (11.5% annual growth rate). Furthermore, with new residents comes commercial growth. This means new construction of schools, hospitals, large discount shopping warehouses, you name it.

Since 2000 Houston has experienced a population increase of nearly 10% (approx 2.2M residents as of 2007), the average number of students per teacher (18) is already above the national average. And with the region's population heavily weighted in 0 - 50 age range, overcrowding is becoming a big issue within the public school system. Hence the up-tick in construction of new academic facilities and Marmion's increased involvement in the commercial construction sector.

FYI: In addition to a strict focus on the petrochemical space, MMIO also places a secondary focus on commercial projects. By my estimation, the current revenue mix between industrial and commercial jobs is approximately 75% to 25%.

On the petrochemical side of the fence, MMIO recently completed a project for Lucite International, the world's leading producer of acrylic monomers and owner of the popular Lucite(r) and Perspex(r) brands. In addition, the company has recently shipped products to large scale end-users including ConocoPhillips (NYSE: COP), the fifth-largest global refinery based on crude oil capacity and owner of the sixth-largest total of proved oil & gas reserves in the world.

Financial Milestones

Although, it looks like purchase orders were not flying in during the first three weeks of the year, $211,000 worth in one week is pretty darn good. Particularly when you take into consideration the fact that a number of contracts won during 2007 won't likely hit the books until at least Q1 2008.

Here's a list of some of the company's recent financial highlights:

1. MMIO reported a 37% increase year- over-year revenue growth for the first nine months ended September 30, 2007 from $3.1 million to $4.9 million. The company also recorded a 92% increase in net loss per share for the same time period.

2. MMIO experienced significant year- over-year revenue growth between 2004 and 2006. From 1.09 million to 4.6 million for a 76% increase over the three year period.

3. MMIO outpaced 2006 revenues during the first three quarters of 2007 (Q4 data not yet available).

4. MMIO secured approximately $3,000,000 worth of commercial contracts during 2007 within a relatively short time frame.

5. Industrial sales increased approximately 80% during the second quarter of 2007, on a year-over-year basis.

6. MMIO announced a two year ongoing purchasing agreement with a repeat industrial customer, Powell Industries of Houston, Texas (9/20/07).

7. MMIO secured a contract valued at approximately $2,100,000 for HVAC-related equipment and installation services at Sweeney High School (Sweeney -- TX).