Tuesday, March 01, 2011 11:50:52 AM
http://www.marketwire.com/press-release-canada/HyPower-Fuel-Announces-Potential-Acquisitions-for-Profitability-and-Explosive-Growth-PINK-SHEETS-HYPF-1403889.htm
CALGARY, ALBERTA--(Marketwire - March 1, 2011) - HyPower (PINK SHEETS:HYPF) announced today that it is in discussions to acquire a number of companies in the Green Renewables Sector with an emphasis on profitability and explosive growth.
Mr. Douglas Bender, President and CEO of HyPower, explained that "We continue to believe that HyPower is undervalued in the marketplace. In opening discussions with potential acquisition targets we had two primary goals in mind. The target companies must have leading edge green technologies and they must be on the cusp of explosive growth with the potential for double digit near term profitability. We believe that we have entered into negotiations with two such companies that would augment HyPower's product offering positively and immediately. We will be providing more information on these exciting opportunities as we progress through the acquisition process."
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