We're talking an engine that is so compact it could replace an SUV's engine with something nearly as small and light as the alternator, but would have more power, all while making the mileage comparable to a Prius.

Totally stunning stuff.

Rather than wait for a huge contract to build new vehicles from the ground up, Morgado's company, Angel Labs LLC, finally decided to just forge ahead with a retrofit paradigm. They are looking for someone with $10 million to head up the franchising of retrofit garages that would replace existing engines with their engine. Morgado would handle the production -- something he's done before, with some 150 inventions to his name. The $10 million is needed for building the production plant.

Morgado anticipates that before long, this network of production and franchises could employ 2-3 million employees -- as many as have been left unemployed in the recent months of economic downturn -- all while helping people save money on fuel, as well as increasing the performance of their vehicles.