SOURCE: Hitor Group

Hitor Group

November 04, 2011 02:48 ET

Hitor Group Announces Second Round Financing Agreements Signed

KIRKLAND, WA--(Marketwire - Nov 4, 2011) - Hitor Group (OTCQB: HITR) (PINKSHEETS: HITR) has signed agreements for second round of financing. Representatives of Hitor Group are scheduled to go to Singapore in the second week of November for presentations aimed at raising additional funds.

Hitor Group CEO Ken Martin said, "Things are moving along nicely, along with Hitor Group people we anticipate representatives from Micfil, Germany, investors, and railroad executives to be at the scheduled tests at CAD industries in Montreal."

About Hitor Group:
Hitor Group, Inc. (HITR) is the producer of the patent applied for Nano-Jet line of magnetic fuel performance enhancing Modules. Nano-Jet offers the most highly refined and effective fuel performance enhancement technology available in the market today. Nano-Jet's proprietary design breaks down the molecular clusters which naturally exist in the fuel into single molecules and polarizes those molecules to enable a more complete combustion of the fuel/air mix. Extensive testing of the line of Nano-Jet models on a variety of gasoline and diesel engines has conclusively proven that fuel treated by these fuel performance optimizing devices produces measurably more power, increases fuel economy by an average of 5% or more and reduces toxic exhaust emissions 30% or more.

The Nano-Jet Fuel Module is suitable for use with a wide variety of internal combustion power plants from the smallest single cylinder gasoline engine to diesel railroad locomotives and marine diesels. To learn more about The Hitor Group, please visit our website at

Any statements that are not based on historical fact are forward-looking statements.
Although such statements are based on management's current estimates and expectations, and currently available competitive, financial, and economic data, forward-looking statements are inherently uncertain. We, therefore, caution the reader that there are a variety of factors that could cause business conditions and results to differ materially from what is contained in our forward-looking statements. For a description of some of the factors which may occur that could cause actual results to differ from our forward-looking statements please refer to our most recent Form 10-K, and in particular the discussions contained under Items 1 - Business, 1A - Risk Factors, 3 - Legal Proceedings, and 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations.

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