HyPower Fuel, Inc. (HYPF)

[T77Fuller]

I bought into HYPF a while back and hold a small position compared to most I'm sure. I think the way BRLL has been doing decent HYPF would be right up there as well. With the Administration going green these are the two I'm in and it just makes sense.

[martymech]

I am not 100 percent sure about the 5 year thingy but I think I read something about that way back when..

[martymech]

Hey CONCORD, long time since I have posted here. I think Benders imposed 5 year sabbatical ended on January 20 freeing him up to run hypf and all of it's glory. Same day Kamala Harris was sworn in as "Presidente". (pretty much when hypf started to run up) Plus hydrogen stocks are a big hit right now with the new admims anti oil and gas approach pushing alternative sources of energy higher. Bender may have some news soon would be my guess. He has had 5 years to fine tune a strategy. Might get interesting. Who knows?

[Concord]

Somebody wants to buy 775,000 shares! What's up with that??

[Concord]

Looks like HYPF is trading again!

[Concord]

The "Caveat Emptor" Designation may be assigned when OTC Markets becomes aware of one or more of the following:

Promotion — The security is the subject of stock promotion that may be misleading or manipulative. Promotional activities may include news releases, spam email, and newsletters, whether they are published by the issuer or a third party. See OTC Markets Group's Policy on Stock Promotion.

Investigation of Fraud or Other Criminal Activities — There is an investigation or other indication of fraudulent or other criminal activity involving the company, its securities or insiders.

Suspension/Halt — A regulatory authority or an exchange has halted or suspended trading for public interest concerns (i.e. not a news or earnings halt).

Undisclosed Corporate Actions — The security or company is the subject of a corporate action, such as a reverse merger, stock split, or name change, without adequate current information being publicly available.

Other Public Interest Concern — OTC Markets Group may determine that there is a public interest concern regarding the security. Such concerns may include but are not limited to promotion campaigns (including third-party), unusual or unexplained trading activity, spam or disruptive corporate actions even when adequate current information is available.

OTC Markets will resume the display of this security’s quotes once adequate current information is made available by the issuer pursuant to the Alternative Reporting Standard or by the SEC Reporting Standard, and until OTC Markets believes there is no longer a public interest concern. Investors are encouraged to use caution and due diligence in their investment decisions.

[Concord]

OTC Markets Group Inc. ("OTC Markets") has discontinued the display of quotes on www.otcmarkets.com for this security because it has been labeled Caveat Emptor (Buyer Beware). OTC Markets Group designates certain securities as “Caveat Emptor” and places a skull and crossbones icon next to the stock symbol to inform investors that there may be reason to exercise additional caution and perform thorough due diligence before making an investment decision in that security.

[Concord]

Why has HYPF stopped trading? Last trade was 2:12 pm est. Any news?

[Concord]

Anybody still following HYPF ??

[NHred]

Bender and his partner were fined 50K and banned for 5 and 10 years respectively from stocks by the Canadian securities exchange in 2014. They misrepresented the stock with fake news articles and claims.

[MC2 Atlantis]

Supposedly there was an article about it in a crypto publication a year or less back. It seems to move with very little volume. Although, with no SEC filing I wouldn't think that there could be much to it. Thanks

[Homebrew]

Dismal: https://www.otcmarkets.com/stock/hypf/disclosure

Anyone know anything about the status of this stock???

[MC2 Atlantis]

Anyone know anything about the status of this stock???

[GREEN MAKER]

https://www.advocare.com

[GREEN MAKER]

Website http://www.hypowerfuel.com/

[Cassius Longinus]

This can't come back from the dead. I once had 50 k shares in this crap stock. If it comes back to fruition I will be pissed. I know where the CEO lives.

[GREEN MAKER]

L2 Looks great here!

[CrownCannabis]

Hmmmmmm whats cooking up in here, maybe something

[Gixxer]

Don't know why this is going up, but I'm not complaining. However, if it hits my break even point....I'm out. Been in the red since 08....time to exit when or if I break even.

[Mark]

No clue, has had solid bids in the .004s last couple of days. Ask is still thin, guess someone unloaded. I am still holding my shares....could be games...time will tell.

[The Night Stalker]

yikes man wtf

[The Night Stalker]

broke out of bull flag chart formation. lets run to 03

[KennyPro]

Well I don't know why...the company and its directors have been scamming shareholders for many years and in fact the Canadian SEC just ruled neither of them may engage in any kind of business or hold any corporate positions in a public company...so whats to invest in?...It is last minute players trying to keep a PPS up to get out IMO.

[Mark]

Based on the last 6mo chart, this one appears to be getting loaded last 2 weeks IMO.....

[KennyPro]

Just people trying to unload I think?....or trying to play the faint chance Bender is exonerated and the company survives...not gonna happen as far as I can see.

[Gixxer]

Why is this stock moving?

[KennyPro]

Not sure if they are holding him? Trial starts in March sometime I believe..Hope he swings the swine. He and Tom Both!

[NHred]

Did Bender end up going to jail?

[NHred]

Dougie was always a turd.

[Concord]

Alberta Securities Commission - Notice of Hearing
12 March 2013

http://www.albertasecurities.com/Notices%20Decisions%20Orders%20%20Rulings/Enforcement/Hypower%20Fuel%20Inc%20NOH%202013%2003%2012%204440718%20v1.pdf

Citation: Hypower Fuel Inc., Re, 2013 ABASC 105 Date: 20130312
Docket: ENF-008470
Securities Act, R.S.A. 2000, c. S-4, as amended (Act)
To: Hypower Fuel Inc., Thomas Hochhausen, Douglas Bender
Notice: The Alberta Securities Commission (Commission) will convene at 2:30 pm on Tuesday, the 9th day of April 2013, at Calgary, or elsewhere, in Alberta, to deal with any preliminary matters, and to set a date for a hearing regarding the allegations in this Notice. At the hearing, the Commission will consider whether it is in the public interest to order:
(i) Under subsection 198(1)(a) of the Act, that trading in or purchasing cease in respect of specified securities;
(ii) Under subsection 198(1)(b) of the Act, that you cease trading in or purchasing securities;
(iii) Under subsection 198(1)(b.2) of the Act, that you be reprimanded;
(iv) Under subsection 198(1)(c) of the Act, that any or all of the exemptions contained in Alberta securities laws do not apply to you;
(v) Under subsection 198(1)(d) and (e) of the Act, that you resign any positions that you hold as a director or officer of an issuer, registrant or investment fund manager and that you be prohibited from becoming or acting as a director or officer or as both a director and officer of any issuer, registrant, or investment fund manager;
(vi) Under subsection 198(1)(e.3) of the Act, that you be prohibited from acting in a management or consultative capacity in connection with activities in the securities market;
(vii) Under subsection 198(1)(i) of the Act, that you pay to the Commission any amounts obtained or payments or losses avoided as a result of non-compliance with Alberta securities laws;
(viii) Under subsection 199 of the Act, that you each pay an administrative penalty;
(ix) Under subsections 202(1) of the Act, that you pay the costs of the
investigation and hearing; and
(x) Such further and other order under Section 198 as the Commission deems appropriate.
Location:
Alberta Securities Commission, 5th Floor, 250 – 5th Street SW, Calgary, Alberta.
Procedure:
1. You may obtain disclosure and particulars of the allegations in this Notice from Don Young, c/o Alberta Securities Commission, 600, 250 – 5 Street SW, Calgary, Alberta, T2P 0R4, telephone [phone].
2. You may be represented by legal counsel and you or your counsel may make representations and introduce relevant evidence.
3. If you or your counsel fail to attend on April 9, 2013, at 2:30 pm, or as directed, the hearing may proceed in your absence and an order may be made against you without further notice.
See also section 29 of the Act and Commission Rule 15-501 – Rules of Practice and Procedure for Commission Proceedings.
Allegations
Summary of Breaches
1 Staff of the Commission (Staff) allege that Hypower Fuel Inc. (Hypower), Thomas Hochhausen (Hochhausen), and Douglas Bender (Bender) (collectively, the Respondents), made misleading or untrue statements in news releases.
2 Staff allege that the Respondents acted contrary to the public interest.
Parties
3 Hypower is an Alberta corporation, whose securities were quoted for trading on the OTC Markets, pink sheets, beginning in 2006.
4 Hochhausen is an Alberta resident accountant. He acted as chief financial officer for Hypower.
5 Bender is a resident of British Columbia and the President of Hypower.
Circumstances
6 From February to September 2011 (Period), Hypower issued news releases regarding ‘significant developments’ to the company. All news releases were drafted or reviewed, or both, by Hochhausen and Bender. Among the statements made in the Hypower news releases during the Period (Statements) were the following:
6.1 It had signed a major development agreement for $5 Million (February 10, 2011);
6.2 It had an extensive patent portfolio, with patents presently in place (February 16, 2011);
6.3 It had approved a share repurchase/buyback plan, to be funded by the company’s available cash (February 22, 2011);
6.4 It had entered into negotiations with two potential acquisition companies that were on the cusp of explosive growth with the potential for double digit near term profitability (March 1, 2011);
6.5 It had entered into preliminary agreements with a number of shareholders to repurchase approximately 1.5 million outstanding shares (March 17, 2011);
6.6 It was in the process of upgrading to the OTC Pink Current Information tier, and it was working diligently on closing the two acquisitions and expected to be able to announce one by the end of the month. The two companies are leading edge, with exceptional technologies and offerings (March 22, 2011);
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6.7 It was very close to a Definitive Agreement with one of the two companies, and the name and particulars would be released very soon. The technology of the second target company (TC2) is a true game changer in a variety of fields (March 31, 2011);
6.8 It had reached an Agreement in Principle on the Purchase Formula for the purchase of some or all of the first acquisition target company (TC1). TC1’s principals with the help of Hypower’s consultants have been updating their business plans and projections. The second acquisition is also proceeding well and it truly is a Game Changer (April 14, 2011);
6.9 The two acquisition companies had expressed a strong interest in making use of Hypower’s strength to grow quickly, show financial results, and then be Spun Out as separate public entities trading on recognized exchanges, higher than the Pinksheets OTC. Hypower shareholders could receive a special dividend giving them a direct shareholding in the target companies in some manner (April 20, 2011);
6.10 Both TC’s had agreed to provide verifiable information that Hypower can release concerning their operations and business plan in the very near future (April 25, 2011);
6.11 Due diligence was progressing, with each day new markets and opportunities for the Game Changer technology becoming more apparent and real. Hypower was to be granted unrestricted access to TC2’s entire engineering team. TC2’s technology is truly one of a kind, leading edge, game changer technology that has applications in the medical, oil and gas, automotive and household markets. The due diligence on TC1 is proceeding well and Hypower continues to assist both TC’s in developing their websites, and with revenue projections (April 27, 2011);
6.12 Both target companies are in high growth industries with products and services very much in demand. TC2’s leading edge technology will revolutionize the industry. Industry and engineering experts are impressed by the product and believe it will be a phenomenal success (May 10, 2011);
6.13 It has signed a Memorandum of Understanding to purchase a control block position in TC2. A ‘spokesperson’ for Hypower stated TC2 has received a preliminary Business Valuation in excess of $100 Million. Hypower negotiated the MOU at a significant discount to current valuation. The product will generate large sales orders immediately (May 17, 2011);
6.14 Verifiable information from TC2’s professional advisors will be forthcoming over the next few weeks (July 13, 2011); and
6.15 It had met with the principals of both companies and are encouraged by their forward progress. TC1 is a category leading company with over 30 years experience in the green deconstruction-recycling industry and has been involved in such projects across North America and internationally. Hypower is pleased to be a partner in TC2’s exciting technology and is currently assisting it in locating and negotiating with overseas licensees and for major investment funding (September 28, 2011).
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7 Staff allege the Statements were unduly promotional, misleading, or untrue, or failed to state facts necessary to be stated – particulars of which include:
7.1 Hypower never raised the $5M for the reported development agreement;
7.2 Hypower had no patents in place;
7.3 the share buyback program, reported to be funded by cash, was actually to be funded by a government credit for research conducted by Hypower or from private sources. No credit was received, no funds were obtained from private sources, and no shares were ever repurchased;
7.4 the 1.5 million shares were to be repurchased from revenue or privately sourced funds. No revenue was earned, no money was raised privately, and no shares were repurchased;
7.5 apart from preliminary discussions with legal counsel in the US, Hypower did not have the money and took no steps to upgrade Hypower to the Pinksheets – Current Information;
7.6 Hochhausen was at the time, and for many years prior a paid consultant to TC1 (or its predecessor), tasked with preparing its tax returns;
7.7 TC1 has never applied for patents, developed technologies, or built a prototype;
7.8 TC1 did not discuss selling the company to Hypower;
7.9 TC1 had minimal inventory, no cash reserves, and only earned enough to pay salaries and bills. From 2008 to 2011 it had no revenue growth. TC1 never had any agreement in principle or had agreed upon a purchase price formula for Hypower to acquire TC1;
7.10 TC1 never agreed to provide to Hypower for dissemination verifiable details of its operations and business plan - it did not even have a business plan;
7.11 TC1 never discussed with Hypower TC1 being spun out as a separate public entity;
7.12 TC1 has no leading edge green technologies;
7.13 TC1 completed one project in Toronto, Ontario, one in British Columbia, and was paid $3,000 for a United Nations report in Sarajevo;
7.14 Both Hypower and Hochhausen, through a corporate vehicle, were shareholders of TC2;
7.15 TC2 never had any discussions with Hypower with respect to Hypower purchasing all of TC2;
- 4 -
7.16 TC2 never had a website;
7.17 as at March 31, 2011, TC2’s technology had not passed engineering tests and was ‘quite a ways away’ from the last of its tests and clinical trials;
7.18 TC2 never discussed with Hypower TC2 being spun out as a separate public company, and TC2 had no intention of doing so; and
7.19 Hypower did not conduct due diligence of TC2 in 2011.
8 During Staff’s investigation, Hochhausen and Bender were interviewed under oath. In their interviews, both stated that the principals of TC1 and TC2 received Hypower news releases during the Period described above before they were issued. Staff allege this is untrue.
9 Hypower’s securities, which traded at less than $0.01 in February 2011, rose to a high of $0.05 during the Period.
Breaches
10 As a result of the above, Staff allege that the Respondents breached subsection 92(4.1) of the Act by making statements that they knew or ought to have known were misleading or untrue, or which failed to state facts necessary to be stated, and which would reasonably be expected to have a significant effect on the market price or value of Hypower’s securities.
11 Staff further allege that Hochhausen and Bender each breached section 221.1 of the Act by making a statement to an investigator, that is TC1 and TC2 received Hypower news releases before they were issued, which was untrue.
12 Staff further allege that the Respondents’ unduly promotional, misleading and untrue statements in news releases, and untrue statements under oath to Staff investigators, constituted conduct that is contrary to the public interest.
Calgary, Alberta, 12th March 2013.
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ALBERTA SECURITIES COMMISSION
”Original Signed By”
W.E. Brett Code, Q.C.
Director, Enforcement
4440718v1

[NHred]

Shocker.
The company was a badly put together scam
http://www.menafn.com/menafn/d57df0fd-307e-4082-94af-5944c4353b80/ASC-alleges-misleading-and-untrue-statements-Hypower-Fuel-Inc?src=main

[KennyPro]

HAH HAH!! I JUST GOT A GOOGLE ALERT! DOUG BENDER and TOM are under investigation!! Hearing will be in April....good for the lying scoundrels!

[KennyPro]

Marty; I hope Bender is buying these cheap shares to go private...

[martymech]

Ken, bender is right on schedule.
well he is just a little late this year but he is now out of his cave and we should be getting more press releases with nice bumps up in the pps over the course of the year. I hope that this time we get some serious income and profit and move off of the pinkies to higher board. Let's hope this is the year. Good times ahead is my opinion here. JMO M

[KennyPro]

Exactly---they will follow! :)

[NHred]

Well at least he didn't post the fake financials this time .. ;)

[KennyPro]

Yeah Yeah Red, I bet you even picked up a few shares after beating it down...C'mon now, yo have to admit this is good that the silence has been broken...time will tell but I am encouraged because usually after a silence Bender comes up with a new angle...he didn't do that this time...it is still 2 companies and the same technology...poo poo it if you want, thats your nature. I choose to see my glass as having something in it. Not half full or half empty, but I do have the glass and there is SOMETHING in it.

[NHred]

A PR that says very soon we'll tell you something about the companies we have been talking to.....
Don't cash any checks yet

[KennyPro]

LOOKS THAT WAY MARTY! JUST PUT OUT A PR! Hold onto your hats folks, Don't tear up those ticket stubs yet!!!

[martymech]

Is benders yearly hibernation almost over?
Historically Bender usually comes out of his cave around February and March. Better pick up them there shares quickly! jmo M

[martymech]

wow,
I don't see what was wrong with my last 2 posts but they got deleted.. no wonder there aren't many people posting here.. humor is not allowed. M

[martymech]

Just a little dark humor LOL,
but really there has been a lot of effort by the MM's to bring this stock back down to pre February 11th of last year.. My guess is stocks have been accumulated at these really low prices once again gearing up for the usual "bender" streak of PR's.. last year it occured early February and ran for some time.. The "canadian Bender" seems to do this every year.. Although the "canadian bender" is only about the size of a gerbil it does get it's message out every spring/early summer.. Have a great day and let's hope the hibernation is coming to an end! M

[martymech]

GOBBLE THEM SHARES UP!!,,
SOME "ONE" lost their nerve and is selling.. This is the moment all of you playas have been waiting for.. all that work time and effort selling and bashing it seems has paid off. buy buy buy. M

[NHred]

Sorry guys writing was on the wall for a while with the PR's last year. Hope you can get the tax write off.

[KennyPro]

The man is delusional......down to the trips we go!

[martymech]

Here's a bit from memory lane,
and a special thanks to hypf and especially douglas bender for keeping all of the share holders in the loop as to what's going on.,.. I love this company and Sir douglas bender.. when I grow up I want to be just like him. Oh and yes dougie we share holders are quite impressed with this TC2's technology that you were going to fill us in on in July of last year.. thanks doug for following through with that information.. You are just peachy in my books.. LOL

CALGARY, ALBERTA--(Marketwire - 07/13/11) - HyPower Fuel Inc. (PINK SHEETS:HYPF - News) -HyPower hereby reports that it has established protocol and logistics associated with releasing verifiable information regarding the Air Power technology underlying its second Target Company (TC2).Mr. Douglas Bender, CEO of HyPower, commented that "HyPower is encouraged by the cooperation it has been receiving from TC2's management in giving us access to valuable information from TC2's Consulting Engineer while providing a framework for ensuring that none of this information will jeopardize TC2's product protection or plans for development. Investors and shareholders have been asking for verifiable information and this will be forthcoming from TC2's professional advisors over the next few weeks. We know that our shareholders will be impressed with the technology associated with TC2."

[KennyPro]

LOOK OUT Below---run for the doors!!AHHHHHHHHH!!!!!----LOL

[NHred]

The stock is dead........

[Concord]

Just my opinion, of course, but I think that we have all been had by HYPF. The whole company seeme to be a backyard project by an amateur from the backwoods of Alberta. The players appear to be completely overcome by events and have no idea of what they are doing. They may have either committed fraud, or are completely ignorant of the law, and have released fictitious press releases in the hopes of unloading worthless shares.

I hope everyone has a Happy New Year and that our investment choices in the coming year are better than this choice!

[martymech]

Concord I have a couple of questions for you,
in your post RE #1188 you CLEARLY STATE that hypf "paid some relatives in shares to pump the stock and put out some ridiculous press releases..." you make this statement as a matter of fact and not a guess or assumption so on what do you base this slanderous defamation of character statement on? Your statement was definitely not categorized as a possible scenario but rather as a matter of fact. Show me what you base this definitive statement of fact on. The following is a copy of your post for your benefit and others here. OH and thank you for providing your evidence supporting your statement in advance. M here is the post:

Concord
Re: Thudmother post# 1188

Thudmother, you are absolutely correct. The only one left on this board is Kenny!

HYPF has failed to function as a company for some time. They paid some relatives in shares to pump the stock and put out some totally ridiculous "press releases", but they have lost all credibility. There are rumors that the stock will be delisted. The company has gone into a black hole. There isn't enough activity for a market maker to even sell it! Trading activity is just a couple of the board members over at Raging Bull, but they are just buying and selling to themselves. Nobody really wants the stock, as you are well aware!



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