Important note/correction : In the video I mentioned these ESC are like Hobbywing. I meant to say Hobbypower.
Other items used :
H450 Neewer X Frame from Amanzon
Neewer 30A ESC
Neewer 1000kv Brushless motors
HK KK2.1.5 Firmware 1.6
Turnigy 9x Tx/Rx
Some helpful links:
1.http://rcsci.blogspot.com/2012/08/tutorial-simonk-esc-firmware-flashing.html
2. http://fritzw.com/2013/10/27/flashing-your-multistar-esc-with-simonk-firmware-with-mac-os-10-9-mavericks/
3. http://wiki.openpilot.org/display/Doc/RapidESC+Database
4. Images of Hobbypower 30A ESC.
http://0x.ca/sim/esc/Hobbypower_30A/front.jpg
http://0x.ca/sim/esc/Hobbypower_30A/