American Security Resources Corp. (ARSC): ( ARSC HFCO ) ARSC Completes Sale of Hyd...

American Security Resources Corp. (ARSC)

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EmptyBones

Re: Y U Axing Me post# 49342

Wednesday, 04/23/2014 10:04:27 AM

Wednesday, April 23, 2014 10:04:27 AM

( ARSC HFCO ) ARSC Completes Sale of Hydra Fuel Cell Corporation to Hydrogen Future Corporation in Share Exchange 20 hours 21 minutes ago - Dow Jones News

HOUSTON, TX / ACCESSWIRE / April 22, 2014 / American Security Resources Corporation (Pinksheets: ARSC) announced today that it has completed sale of its wholly owned subsidiary, Hydra Fuel Cell Corporation, to Hydrogen Future Corporation (OTCQB: HFCO). The sale was completed through an exchange of shares with HFCO receiving all of the issued stock of Hydra and ARSC receiving a Convertible Preferred share of HFCO. The Convertible Preferred converts at ARSC's option into an amount of HFCO common stock equal to 100.2% of the amount of outstanding HFCO common stock at the time of conversion.

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