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I wonder who keeps putting up 425k on the ask. A little patience and smaller amounts would make you much more money.
I'd like to load up more down here.
11Dec article. Old news highlights farmer's perspective on FuelPositive prototype.
https://www.grainews.ca/features/on-farm-green-ammonia-production/
$NHHHF
NEWS -- FuelPositive Update: 2023's Milestones Achieved - 2024 Path Forward. Additional Capital Secured
WATERLOO, Ontario, Dec. 15, 2023 (GLOBE NEWSWIRE) -- FuelPositive Corporation, a leading Green Ammonia company, (TSX.V: NHHH) (OTCQB: NHHHF) (the “Company” or “FuelPositive”) provides a recap of 2023 Milestones Achieved, Highlights for 2024, as well as details on securing further financing and the closing of the First Tranche of $1,350,000, in an active private placement.
The ammonia industry is currently one of the world's most polluting sectors. Grey ammonia production depends on fossil fuels and follows the oil industry as one of the most carbon-intensive processes.
Grey ammonia is produced in massive, complicated, centralized plants and must be transported worldwide to the end-user through complex and polluting distribution networks. 80% of ammonia is used today as essential nitrogen fertilizer on farms. In light of global conflict, climate change and shifting politics, this antiquated mode of grey ammonia production and distribution is unsustainable, which creates uncertainty in supply and price for the end-user, mainly farmers.
FuelPositive's patent-pending, 3rd party validated breakthrough technology supports farmers' independence and needed change. The Company’s modular, containerized, Green Ammonia on-site system enables farmers to produce their own fertilizer and fuel, simply powered by green electricity. This decentralized solution is scalable and provides farmers with price and supply certainty.
By producing Green Ammonia on site, FuelPositive customers eliminate up to 4 tonnes of CO2e emissions per tonne of Green Ammonia produced!
In short, FuelPositive technology has the potential to create a lasting positive impact on farmer's health and finances and ultimately, on global food security.
2023 Summary:
First System Milestones:
I'm hoping the 'Light of Day' will discourage them or at least make them think about how much longer they can get away with this. The lack of follow though by the Company provided the perfect opportunity for shorts. On the other Board, the subject became a major topic for today. It looked like they had a couple million short on the Canadian market. I even inquired about the abnormal trading with FINRA.
It's pretty ridiculous. I'm sure they are aware but there may be some action they can take to combat the situation. Best remedy would probably be getting their product to market imo.
GLTA
$NHHHF
I did send the link to the short report to Fuel Positive. If they were not aware of how much their Company is being shorted they should now. By the way. Looking at yesterdays data confirms how they manipulated it down 881759/813852 or 92.3% of total volume shorted.
https://otcshortreport.com/company/NHHHF
It appears that there is also a big short on the Canadian Market. If you look at every trading day for the past six+ months after a Pr comes out the mms dropped the SP on small trades and not small tick but a ridiculous drop. It happened yesterday. IMO the short list shows that with every day except one, upwards of 80% to 90% volume short there is no way that the short was covered. Verified per OTC short report.
I'm also holding and feeling better knowing whats been going on.
I know they're not getting my shares. Seems like there's a fairly loyal shareholder base that knows what they own. FuelPositive has delayed but they're on the verge of delivering some very powerful technology. Will wait patiently. GLTA $NHHHF
I have never seen so many consecutive days of shorting with high percentages. It makes me wonder how long has this been going on and is it even possible to cover?
Today's price action less than stellar even with higher demand and some nice ask slaps. Some don't want this higher. This report attests to that. Take the opportunity to load some cheapies but know what we're up against. Shorts.
https://otcshortreport.com/company/NHHHF
NEWS -- FuelPositive Update: The First On-Farm Green Ammonia System
WATERLOO, Ontario, Dec. 05, 2023 (GLOBE NEWSWIRE) -- FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) (the “Company” or “FuelPositive”) is excited to announce the official delivery date for its first on-farm, containerized, Green Ammonia demonstration system, the FP300. On March 31st2024 the Company anticipates the world’s first, on-demand, modular, Green Ammonia fertilizer and fuel plant to be delivered and operational on the Hiebert’s farm in Manitoba, Canada.
The FP300 is destined to become the first farmer-owned Green Ammonia plant in the world. The first system will support optimizing of future versions of this transformative technology. This new approach to farming has the potential of offering reliable supply and cost in addition to eliminating up to 4 tonnes of atmospheric polluting CO2e emissions for every tonne of Green Ammonia produced. Ammonia supply and cost are the second most challenging risk factors for many farmers after the weather.
FuelPositive recently signed a lease in Waterloo, Ontario, for a twelve thousand square foot manufacturing site to accommodate the production of the following 30 systems. The delivery of these systems is expected throughout 2024 and 2025.
Nelson Leite, COO and Board Member, commented, “We have entered the final stage of the pre-shipment preparation. Our team have witnessed the system running at full rate and can’t wait to see it installed and producing Green Ammonia on farm. We are extremely proud of our incredible team efforts and accomplishments.”
Leite continued, “The breakthrough FP300 is a pinnacle of engineering and technological innovation, and our stakeholders and customers who have already seen our system are excited for the positive change that it represents for people and industries across many different sectors.”
Ian Clifford, CEO and Board Chair, concluded, “This is a dream come true for all of us, a potential game changer for global food security, and we’re just getting started!”
About FuelPositive Corporation
FuelPositive is a Canadian technology company dedicated to delivering commercially feasible and sustainable clean technology solutions that follow a circular approach, ensuring the entire lifecycle of our products is environmentally friendly. This includes an on-farm/onsite, containerized Green Ammonia (NH3) production system that effectively eliminates carbon emissions during the production process.
By focusing on technologies that are clean, sustainable, economically advantageous and realizable, the Company aims to help mitigate climate change, addressing unsustainable agricultural practices through innovative technology and practical solutions that can be implemented now. The FuelPositive on-farm/onsite, containerized Green Ammonia production system is designed to produce pure, anhydrous ammonia for multiple applications, including fertilizer for farming, fuel for grain drying and internal combustion engines, a practical alternative for fuel cells and a solution for grid storage. Green Ammonia is also considered a key enabler of the hydrogen economy.
FuelPositive systems are designed to provide for Green Ammonia production on-farm/onsite, where and when needed. This eliminates wildly fluctuating supply chains and offers end-users clean fertilizer, energy and Green Ammonia supply security while eliminating carbon emissions from the production process. The first customers will be farmers. Farmers use 80% of the traditional grey ammonia produced today as fertilizer.
See pre-sale details here: https://fuelpositive.com/pre-sales/.
FuelPositive Corporation is based in Waterloo (Canada) and trades on the TSX Venture Exchange under the symbol NHHH and in the USA on the OTCQB under the symbol NHHHF.
For further information, please contact:
Ian Clifford
Chief Executive Officer and Board Chair
mailto://Ian@fuelpositive.com
Tel: 416.535.8395
https://www.fuelpositive.com
Investor Relations United States & International:
RB Milestone Group (RBMG)
mailto://fuelpositive@rbmilestone.com
Investor Relations Canada:
Transcend Capital
mailto://et@transcendcapitalinc.com
Cautionary Statement
Trading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains certain “forward-looking information” and “forward-looking statements” (collectively, “forward-looking statements”) that are based on expectations, estimates and projections as of the date of this news release. The information in this release about future plans and objectives of the Company, including with respect to further testing and implementation of the FP300 system, are forward-looking statements.
These forward-looking statements are based on assumptions and estimates of management of the Company at the time they were made and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Company as of the time of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. These estimates and assumptions may prove to be incorrect.
Many of these uncertainties and contingencies can directly or indirectly affect and could cause, actual results to differ materially from those expressed or implied in any forward-looking statements. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements.
Forward-looking information is provided for the purpose of providing information about management’s expectations and plans relating to the future. The Company disclaims any intention or obligation to update or revise any forward-looking information or to explain any material difference between subsequent actual events and such forward-looking information, except to the extent required by applicable law.
500,000 shares slapped the ask at .0455. 10day avg volume is 584.3K shares per TD Ameritrade
INTL on the ask at 9.80 1M shares believes lol
There's a big jump from .0447/0448 to .0493 sellers just have to believe they can make more. (Even though I think they are giving it away)
At least it broke its down trend line and not just breaches with wicks. Now i want to load more lol
Somebody likes $NHHHF. 45,110 shares slapped at the ask.
It looks like it wants to break out....
Nice concrete news for $NHHHF.
March 21, 2024 delivery date for farm prototype. Boom
Added a few at ~4c this morning ... e/m
Topped off a bit at this lower part of the trading range. GLTA
$NHHHF
Made four trades all at the Ask, all filled below the ask (4-5k trades) One of these days 4 cents will look good IMO
Added 20k shares today in three trades of 5k, 5k and 10k. Again the 10k trade went at the ask. The 5k trades went below the ask.
Nearing double bottom. I have powder set aside to add. GLTA
$NHHHF
Ammonia spills would be a concern but we pump gasoline on a daily basis. I imagine our economy would adjust and figure it out. Bullish on ammonia and
$NHHHF. Patiently waiting for the market to agree. GLTA
Good find. In the two years I have been investing in FP I've seen the chatter about Ammonia increase tenfold. If FP can ride the wave. That alone should have a carry over effect on the share price. (If Ian can put out the right PR's) One major issue mentioned in the video was the risks and potential for spills of Ammonia. Since Fuel Positive manufactures ammonia on-site. This avoids the risk associated with transportation. IMO. I'm bullish on Ammonia technology overall.
They might see some liquidity at a lower price and they're trying to get the price down to that point. As in, for example, there might be a large buyer bidding 100,000 shares at .045. MMs will go through the higher bids to get to that liquidity. Perhaps this is what's happening.
$NHHHF
Looking to add as well. GLTA
I just made another trade, submitted 5,000 at .0524. Filled at 0.501 E/M
I made 12 (Small 3 to 10k) buys since the 17th. In all cases I submitted at the Ask. Yet in all but the 10k order they were filled under the bid. So the question is why would the mm not take the full offer unless they or one of them wanted to paint a lower price?
NEWS -- Cipher Neutron and FuelPositive Forge Strategic Partnership for Multiple AEM Electrolyser Technology Orders
WATERLOO, Ontario, Nov. 16, 2023 (GLOBE NEWSWIRE) -- FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) (the “Company” or “FuelPositive”) has placed its first purchase order with Canadian company Cipher Neutron Inc. (“Cipher Neutron” or “CN”) for its unique Anion Exchange Membrane (AEM) Electrolyser Technology.
Cipher Neutron’s Green Hydrogen AEM Electrolysers and Reversible Fuel Cell technology can produce hydrogen without using any Platinum Group Metals (PGMs), including Platinum, Iridium and Ruthenium. This makes CN AEM Electrolysers one of the most affordable and sustainable solutions available commercially to produce high-volume and high-pressure Green Hydrogen. Cipher Neutron Reversible Fuel Cells technology can be operated bi-directionally to generate electricity from hydrogen and hydrogen from water. Cipher Neutron Reversible Fuel Cells offer a compelling alternative to conventional storage options like batteries, eliminating the need for frequent recharging and reducing long-term maintenance expenses.
Cipher Neutron’s commercial technology, now available worldwide, is attracting interest from both strategic investors and end-users of the most efficient electrolysers in multi-Megawatt and Gigawatt projects across the globe.
FuelPositive is manufacturing modular, containerized Green Ammonia production systems, with its first commercial system, the FP-300, capable of producing 100 tonnes of Green Ammonia on-site, per year.
FuelPositive has selected CN AEM Green Hydrogen Electrolyser Technology as one of the most innovative and sustainable Green Hydrogen solutions in the world today. Upon successful testing and benchmarking by FuelPositive, the Cipher Neutron AEM Technology will be used to make Green Hydrogen to produce Green Ammonia in their commercial systems.
A FuelPositive FP300 system can produce up to 300 Kilograms of Green Ammonia per day, which requires 30 Normal Cubic Meters (Nm3) of hydrogen produced by the AEM electrolyser stacks. FuelPositive plans to manufacture thirty (30) FP300 systems over the next 12 to 18 months. FuelPositive’s integration of Cipher Neutron’s electrolysers for thirty (30) FP300 systems, would equate to 4.5 Megawatts of commercial deployment of AEM Electrolyser stacks.
Ian Clifford, FuelPositive’s Chief Executive Officer and Chair, stated, “We are very excited to work with Canadian Green Hydrogen innovator and manufacturer Cipher Neutron. FuelPositive is testing and benchmarking Green Hydrogen technologies worldwide for our systems. We were happily surprised to find out that one of the most promising and impressive Green Hydrogen technologies was here, right in our neighbourhood! Teaming up with Canadian technology companies and supporting the Canadian economy as we build our Green Ammonia solutions aligns with our mission as a Company. If everything works out as expected, we hope this is the first of many transactions with Cipher Neutron.”
Nelson Leite, Chief Operating Officer and Director of FuelPositive stated, “Cipher Neutrons AEM Green Hydrogen Electrolyser Technology has the potential to be an essential component in operating our FP300 systems and beyond. FuelPositive has built a world-class technology and manufacturing team, and this alliance positions the Company for accelerated growth. FuelPositive has successfully operated our core technology within our first pilot system.”
Gurjant Randhawa, M.Eng., P.Eng., President and CEO of Cipher Neutron, concluded, “Cipher Neutron supports FuelPositive in their commercialization of Green Ammonia. We are eager to work with FuelPositive toward successfully integrating our AEM Technology into their systems. Cipher Neutron and FuelPositive share an understanding of the imperatives around global food security and sustainability and a desire to make conscious choices toward a sustainable future in agriculture and other critical sectors. FuelPositive’s Green Ammonia system and business model stand alone, reframing the status quo of a multi-billion-dollar commodity industry. Cipher Neutron is excited to be part of this journey.”
About FuelPositive Corporation
FuelPositive is a Canadian technology company committed to providing commercially viable and sustainable, “cradle to cradle” clean technology solutions, including an on-farm/onsite, containerized Green Ammonia (NH3) production system that eliminates carbon emissions from the production of Green Ammonia.
By focusing on technologies that are clean, sustainable, economically advantageous and realizable, FuelPositive aims to help mitigate climate change, addressing unsustainable agricultural practices through innovative technology and practical solutions that can be implemented now. The FuelPositive on-farm/onsite, containerized Green Ammonia production system is designed to produce pure, anhydrous ammonia for multiple applications, including fertilizer for farming, fuel for grain drying and internal combustion engines, a practical alternative for fuel cells and a solution for grid storage. Green Ammonia is also considered a key enabler of the hydrogen economy.
FuelPositive systems are designed to provide for Green Ammonia production on-farm/onsite, where and when needed. This eliminates wildly fluctuating supply chains and offers end-users clean fertilizer, energy and Green Ammonia supply security while eliminating carbon emissions from the production process. The first customers will be farmers. Farmers use 80% of the traditional grey ammonia produced today as fertilizer.
See pre-sale details here: https://fuelpositive.com/pre-sales/.
FuelPositive Corporation is based in Waterloo (Canada) and trades on the TSX Venture Exchange under the symbol NHHH and in the USA on the OTCQB under the symbol NHHHF.
About Cipher Neutron Inc.
Cipher Neutron is a rapidly growing disruptive technology company focused on AEM Electrolysers for Green Hydrogen production and Reversible Fuel Cells for power generation and Energy Storage Solutions. Cipher Neutron is a global group of scientists, engineers, technology developers, experts in hydrogen technology, investment bankers and people that have worked in hydrogen for decades. Cipher Neutron’s innovative products, such as AEM Electrolysers and Reversible Fuel Cells have unique advantages over other Green Hydrogen production, power generation and energy storage solutions currently available in the global market. Please see: https://cipherneutron.com
For further information, please contact:
Ian Clifford
Chief Executive Officer and Board Chair
mailto://Ian@fuelpositive.com
Tel: 416.535.8395
https://www.fuelpositive.com
Investor Relations United States & International:
RB Milestone Group (RBMG)
mailto://fuelpositive@rbmilestone.com
Investor Relations Canada:
Transcend Capital Inc.
mailto://et@transcendcapitalinc.com
Cautionary Statement
Trading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains certain “forward-looking information” and “forward-looking statements” (collectively, “forward-looking statements”) that are based on expectations, estimates and projections as of the date of this news release. The information in this release about future plans and objectives of the Company, including with respect to further testing and implementation of the FP300 system, are forward-looking statements.
These forward-looking statements are based on assumptions and estimates of management of the Company at the time they were made and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Company as of the time of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. These estimates and assumptions may prove to be incorrect.
Many of these uncertainties and contingencies can directly or indirectly affect and could cause, actual results to differ materially from those expressed or implied in any forward-looking statements. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements.
Forward-looking information is provided for the purpose of providing information about management’s expectations and plans relating to the future. The Company disclaims any intention or obligation to update or revise any forward-looking information or to explain any material difference between subsequent actual events and such forward-looking information, except to the extent required by applicable law.
That along with the Zacks article show outside entities are finally getting exposed. I expect more outside exposure like this. This is they type of PR that will reach a new audience vs what the company is putting out. Pressure is building for some significant price appreciation. IMO
$NHHHF Yes sir! I liked seeing it. Now if price on the OTC could reflect that would be great.
$NHHHF #1 On the list fwiw
https://theimpactinvestor.com/green-ammonia-stocks/
I like today's PR. Much more than Wednesday's which said nothing concrete* At least this conference will result in international exposure with the potential for other governments to at least inquire about FP's technology. It also indirectly ties FP to the Ukraine conflict which has all eyes on it.
* Wednesday's PR only said that they were "ready" to take deposits. The market saw right though it. Now a PR stating that they took the first deposit would have meant something. When are we going to see that?
Final comment: Get the FP300 prototype on the farm!
NEWS -- Government of Canada Invites FuelPositive to Join Rebuild Ukraine Delegation
Paving the Way for Sustainable Agricultural and Energy Solutions
WATERLOO, Ontario, Nov. 09, 2023 (GLOBE NEWSWIRE) -- FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) (the “Company” or “FuelPositive”) is paving the way for sustainable agricultural and energy solutions as part of the select Canadian Delegation, at the Rebuild Ukraine Conference in Warsaw, Poland, from November 13th to 16th 2023.
This conference signifies an essential worldwide effort to support the people of Ukraine in rebuilding their nation.
Ukrainians have long played a vital role in feeding the world's growing population.
FuelPositive’s vision and commitment to global food security uniquely positions the Company to assist Ukrainian farmers in rebuilding their agricultural infrastructure.
FuelPositive's ground-breaking technology offers a game-changing solution. By decarbonizing and decentralizing ammonia production, FuelPositive can accelerate the creation of a more resilient and independent agricultural infrastructure. FuelPositive’s model of decentralized Green Ammonia production can offer more reliable cost and supply and provide Ukrainian farmers with the unique advantage of de-risking their operations.
Our innovative system enables farmers to produce Green Ammonia (NH3) onsite, eliminating the need for traditional, centralized, carbon-intensive sources of ammonia. By significantly reducing greenhouse gas emissions, our technology not only benefits the environment but also ensures a sustainable source of nitrogen fertilizer for the future.
Additionally, future FuelPositive advancements will allow farmers to use Green Ammonia as fuel for their equipment, further reducing their carbon footprint.
FuelPositive's Green Ammonia system comprises a nitrogen generator, a Green Hydrogen electrolyzer, and a patent-pending Green Ammonia synthesis converter. This advanced technology can operate using sustainable sources of electricity such as wind, solar, geothermal, or hydro, ensuring an environmentally friendly production process.
Ian Clifford, Board Chair and CEO of FuelPositive Corporation stated: "This Saturday, November 11th, is Remembrance Day in Canada, and the FuelPositive team would like to acknowledge everyone around the world affected by the devastation of war and offer solidarity toward peace and rebuilding efforts. FuelPositive would also like to extend its gratitude to the Government of Canada for including us in its ongoing support and investment in clean technology research, development, and adoption. Our Company is committed to supporting sustainable and independent agricultural practices worldwide. We look forward to collaborating with stakeholders and exploring partnerships in a peaceful Ukraine, driving positive change and helping Ukrainian farmers reassert their full potential as agricultural leaders."
For further information, please contact:
Ian Clifford
Chief Executive Officer and Board Chair
mailto://Ian@fuelpositive.com
Tel: 416.535.8395
https://www.fuelpositive.com
Investor Relations United States & International:
RB Milestone Group (RBMG)
mailto://fuelpositive@rbmilestone.com
Investor Relations Canada:
Transcend Capital Inc.
mailto://et@transcendcapitalinc.com
About FuelPositive
FuelPositive is a Canadian technology company committed to providing commercially viable and sustainable, “cradle to cradle” clean technology solutions, including an on-farm/onsite, containerized Green Ammonia (NH3) production system that eliminates carbon emissions from the production of Green Ammonia.
By focusing on technologies that are clean, sustainable, economically advantageous and realizable, the Company aims to help mitigate climate change, addressing unsustainable agricultural practices through innovative technology and practical solutions that can be implemented now. The FuelPositive on-farm/onsite, containerized Green Ammonia production system is designed to produce pure, anhydrous ammonia for multiple applications, including fertilizer for farming, fuel for grain drying and internal combustion engines, a practical alternative for fuel cells and a solution for grid storage. Green Ammonia is also considered a key enabler of the hydrogen economy.
FuelPositive systems are designed to provide for Green Ammonia production on-farm/onsite, where and when needed. This eliminates wildly fluctuating supply chains and offers end-users clean fertilizer, energy and Green Ammonia supply security while eliminating carbon emissions from the production process. The first customers will be farmers. Farmers use 80% of the traditional grey ammonia produced today as fertilizer.
See pre-sale details here: https://fuelpositive.com/pre-sales/.
Cautionary Statement
Trading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains certain “forward-looking information” and “forward-looking statements” (collectively, “forward-looking statements”) that are based on expectations, estimates and projections as of the date of this news release. The information in this release about future plans and objectives of the Company, including with respect to further testing and implementation of the FP300 system, are forward-looking statements.
These forward-looking statements are based on assumptions and estimates of management of the Company at the time they were made and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Company as of the time of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. These estimates and assumptions may prove to be incorrect.
Many of these uncertainties and contingencies can directly or indirectly affect and could cause, actual results to differ materially from those expressed or implied in any forward-looking statements. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements.
Forward-looking information is provided for the purpose of providing information about management’s expectations and plans relating to the future. The Company disclaims any intention or obligation to update or revise any forward-looking information or to explain any material difference between subsequent actual events and such forward-looking information, except to the extent required by applicable law.
That's great news! Revenue producing and less dilution (hopefully). $NHHHF
NEWS -- FuelPositive Ready to Accept 30% Deposits on 30 Initial Commercial Systems
WATERLOO, Ontario, Nov. 08, 2023 (GLOBE NEWSWIRE) -- FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) (the “Company” or “FuelPositive”) announces the completion of 3rd party verification of the FP300 Green Ammonia output rate. With this data in hand, the Company is now positioned to accept 30% deposits on the previously announced initial 30 commercial systems and ramp up its production. The base price of the FP300 Green Ammonia system is C$950,000.
Nelson Leite, COO and Board Member, commented, “With the 3rd party validated output rate completed, we can confirm our operating cost assumptions. This validation triggers the critical step of accepting 30% deposits from our lead customers for the initial 30 commercial systems.”
Ian Clifford, CEO and Board Chair, added, “This marks a transitional point in our evolution as a Company: shifting from a pre-revenue start-up to a revenue-producing commercial entity. 30% deposits on the initial 30 FP300 systems represents nearly C$9,000,000, with the completed sale of these systems representing approximately C$30,000,000. Additionally, we have hundreds of systems in our sales pipeline. It’s a very exciting time for all of us at FuelPositive and our stakeholders worldwide.”
Reza Esmailpour, P. Eng., at third-party process validation service M2AR Consulting of Cambridge, Ontario, stated: “We were impressed by the exceptional precision and meticulousness displayed by the FuelPositive team in their testing and data collection methods. Their system is truly notable, demonstrating a ground-breaking modular process of creating Green Ammonia. The validation period was highly successful. We look forward to further collaboration with FuelPositive in evaluating their subsequent processes and systems for the market.”
For additional information, please contact:
Ian Clifford
Chief Executive Officer and Board Chair
mailto://ian@fuelpositive.com
Tel: 416.535.8395
https://www.fuelpositive.com
Investor Relations United States & International:
RB Milestone Group (RBMG)
mailto://fuelpositive@rbmilestone.com
Investor Relations Canada:
Transcend Capital Inc.
mailto://et@transcendcapitalinc.com
About FuelPositive
FuelPositive is a Canadian technology company committed to providing commercially viable and sustainable, “cradle to cradle” clean technology solutions, including an on-farm/onsite, containerized Green Ammonia (NH3) production system that eliminates carbon emissions from the production of Green Ammonia.
By focusing on technologies that are clean, sustainable, economically advantageous and realizable, the Company aims to help mitigate climate change, addressing unsustainable agricultural practices through innovative technology and practical solutions that can be implemented now. The FuelPositive on-farm/onsite, containerized Green Ammonia production system is designed to produce pure, anhydrous ammonia for multiple applications, including fertilizer for farming, fuel for grain drying and internal combustion engines, a practical alternative for fuel cells and a solution for grid storage. Green Ammonia is also considered a key enabler of the hydrogen economy.
FuelPositive systems are designed to provide for Green Ammonia production on-farm/onsite, where and when needed. This eliminates wildly fluctuating supply chains and offers end-users clean fertilizer, energy and Green Ammonia supply security while eliminating carbon emissions from the production process. The first customers will be farmers. Farmers use 80% of the traditional grey ammonia produced today as fertilizer.
See pre-sale details here: https://fuelpositive.com/pre-sales/.
Cautionary Statement
Trading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains certain “forward-looking information” and “forward-looking statements” (collectively, “forward-looking statements”) that are based on expectations, estimates and projections as of the date of this news release. The information in this release about future plans and objectives of the Company, including with respect to further testing and implementation of the FP300 system, are forward-looking statements.
These forward-looking statements are based on assumptions and estimates of management of the Company at the time they were made and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Company as of the time of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. These estimates and assumptions may prove to be incorrect.
Many of these uncertainties and contingencies can directly or indirectly affect and could cause, actual results to differ materially from those expressed or implied in any forward-looking statements. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements.
Forward-looking information is provided for the purpose of providing information about management’s expectations and plans relating to the future. The Company disclaims any intention or obligation to update or revise any forward-looking information or to explain any material difference between subsequent actual events and such forward-looking information, except to the extent required by applicable law.
The Disclosure at the end of this article has since been changed to indicate it was NOT paid for.
NEWS -- NHHHF: Green Ammonia Expected to Play Key Role in Many Sectors, Including Agriculture
Green Ammonia: use expected to rise as demand for sustainable solutions grows…
FuelPositive (OTCQB:NHHHF) (TSX.V:NHHH) is a Canadian-based production stage company preparing to commercialize Green Ammonia solutions and introduce a containerized production system that enables customers to produce Green Ammonia on their premises. On-site installation has the benefit of eliminating the negative environmental impact of distribution and also enables customers to produce Green Ammonia as needed. The company expects its system will also help customers smooth out ammonia pricing, which is critical for end customer markets, particularly given the company’s initial focus on small farmers.
Currently, the ammonia industry, which almost exclusively produces grey ammonia, is highly carbon-intensive. Traditional grey ammonia production leverages fossil fuels in the production process. By comparison, the company’s system utilizes water, air, and sustainable electricity to manufacture Green Ammonia in a way that mitigates or eliminates carbon emissions and is therefore sustainable. Specifically, the system leverages a nitrogen generator that produces nitrogen from air and a water electrolyzer that produces hydrogen from water and a patent-pending synthesis convertor that combines the nitrogen and hydrogen to produce ammonia. FuelPositive believes that its technology could position “green” ammonia as a fossil fuel replacement in multiple applications.
Moreover, by installing its system on a customer’s property near to where the Green Ammonia is to be used, the company also expects to eliminate the need to ship and store the ammonia. This has the dual benefit of eliminating the negative environmental impact of distribution and, as noted, also enables FuelPositive customers to produce ammonia as needed.
Certification on initial production …
FuelPositive has developed a Green Ammonia solution, engineering advanced electrolyzer and ammonia synthesis technologies that enable cost-effective production. Unlike conventional production methods, FuelPositive's process uses renewable energy sources such as solar and wind power that are consistent with carbon-neutral production.
In September 2023, the company announced that it had received third-party certification of its initial ammonia output. The company collected five samples of produced ammonia at random times during the evaluation period. The samples were then sent to Ortech Consulting Inc., a third-party testing laboratory in Toronto, Canada. Ortech Consulting confirmed FuelPositive’s internal mass spectrometer readings and indicated that each random sample of anhydrous ammonia was on target, consistent throughout the samples.
…Government support for sustainable solutions includes funding & incentives…
Growing recognition by governments, corporations and individuals of the need for environmental and sustainable solutions is expected to drive demand for green technologies and solutions. With governments around the world increasingly recognizing the importance of green technologies in achieving climate goals, FuelPositive believes it is well-positioned to benefit from various government incentives, grants, and subsidies aimed at promoting clean energy technologies.
For instance, on October 10, 2023, the company announced that it will receive funding of up to $1.9 million through Canada’s Research and Innovation Stream of the Agriculture Clean Technology (ACT) Program. This funding is expected to help the company continue to adapt its technology for the commercial needs of farmers and other end users and to move closer to large-scale production and commercialization.
Addressing global food security issues…
Among its many applications, ammonia is essential for global food security. Roughly 80% of traditional ammonia (which is produced under more carbon intense methods, as noted) is earmarked for use in the agriculture sector, primarily as fertilizer, although Green Ammonia can be used for a variety of applications, in addition to fertilizer. The company's initial target market will be individual farmers. Longer-term, FuelPositive expects its technology can be used for a variety of applications.
As FuelPositive prepares to commercialize Green Ammonia solutions to enable customers to produce Green Ammonia on their premises as needed, the company’s initial target market is independent farmers, as noted. Smaller farmers are likely to require solutions that are practical for them in terms of price, convenience and ease of use. It seems that many of the other companies focused on developing Green Ammonia solutions are less focused on this niche than on the expected demand from larger reseller players, according to the company.
The company launched pre-sales last year and is optimistic about the level of interest it has received. FuelPositive has indicated that at this point, the company has prequalified interest on the first 30 systems, with more than 600 systems in the pipeline. The company expects to begin shipments by the end of 2024.
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True, you can see that just by the reach their Pr's and webcasts get on various platforms. Literally under a hundred... under fifty on Youtube. I believe it suffers from "Too good to be true syndrome" Their last two Pr's / Trading halts did not help either. IMO the only thing that can prove the legitimacy to new investors is the prototype on the farm with a live cam feed. I told Ian that once that happens, I would pump the sh** out of it. Meanwhile. I'm still buying the dips.
The company finally, after years, seems on the precipice of real success and no one knows it. This government grant is the latest sign that the company is for real. Soon, we should be getting confirmation of successful 100% testing and then a move to the farm in Manitoba. But no one outside a few chat rooms has any idea of the potential. I wonder when that will change?
NEWS -- FuelPositive Announces $1.9-million Government of Canada Funding Commitment
WATERLOO, Ontario, Oct. 10, 2023 (GLOBE NEWSWIRE) -- FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) (the “Company” or “FuelPositive”) announces that it will receive a funding grant of up to $1.9 million through the Research and Innovation Stream of the Agriculture Clean Technology (ACT) Program, delivered by Agriculture and Agri-Food Canada (AAFC).
AAFC has made this significant commitment to FuelPositive’s “Green NH3 Demonstration Phase Project” in support of the commercialization of the FP300 Green Ammonia system.
The funding provided through the ACT Program will help the Company gather the information needed to continue to adapt its technology to the commercial needs of farmers. The Green Ammonia Demonstration Phase consists of building and testing three Green Ammonia demonstration systems. Each system represents an improvement to the intellectual property and technological advancement over the previous system, bringing the Company closer to achieving its efficient and sustainable, large-scale production objectives.
Ammonia is essential for global food security. Today, approximately 80% of the ammonia produced goes towards the world's fertilizer needs.1 While ammonia is vital to feeding the world’s growing population, the current ammonia industry, which primarily produces grey ammonia, is highly carbon-intensive. As the world strives to achieve global food security utilizing grey ammonia fertilizers, it simultaneously pollutes the environment needed to grow food. This dilemma, in addition to unpredictable pricing and supply uncertainty, has frustrated and confounded farmers and governments alike.
Until now, grey ammonia production was exclusively produced with fossil fuels. As a result, for every tonne of grey ammonia produced, 1.8 to 2.7 tonnes of harmful greenhouse gas (GHG) emissions are released into the atmosphere.2 Grey ammonia is then transported, often across continents, oceans, countries and cities, and finally to a distributor, before finding its way to each customer’s location. This current distribution process adds additional cost and substantial GHG emissions to an already carbon-intensive grey ammonia production process.
FuelPositive’s decentralized Green Ammonia production takes fossil fuels out of the equation. FuelPositive’s Green Ammonia system consists of a nitrogen generator to produce nitrogen from the air, an electrolyzer to produce hydrogen and oxygen from water and a patent-pending Green Ammonia synthesis converter that operates with sustainable sources of electricity, eliminating the need for fossil fuels.
Quotes:
$1.9M funding agreement with govt of Canada
NHHHF
FUELPOSITIVE CORP.
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