WITH THE RECENT PASSING OF ONE OF OUR FOUNDERS AND CEO BUD WHEELER, THE BOARD HAD ELECTED JAMES WHEELER AS CEO TO TAKE HIS PLACE. JAMES HAS BEEN WITH EQ FROM THE START AND THE COMPANY FEELS THAT HE IS THE RIGHTFUL SUCCESSOR FOR THE POSITION. ALSO, THE BOARD HAS APPOINTED JERRY COLEY AS INTERM PRESIDENT AND JASON NEIBERGER AS SECRETARY/TREASURE. IN MARACH THE COMPANY PLANS TO CONFIRM THESE APPOINTMENTS AT A SHAREHOLDER MEETING.

THE COMPANY HAS TAKEN ON A NEW FOCUS TO SUPPLYING EQ MILEAGE BOOSTER TO THE SHIPPING INDUSTRY AND WILL START DEMONSTRATIONS AS SOON AS POSSIBLE. IT IS OUR INTENT TO SET UP DEMONSTRATIONS AND TESTING AT A FACILITY ALREADY OPERATING OUTSIDE RENO NEVADA AS EARLY AS MID YEAR 2018.THE COMPANY IS CURRENTLY SEEKING THE NECESSARY FUNDING TO ENTER THIS NEW AND EXCITING MARKETPLACE.