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HYDP : Revoked :
http://www.sec.gov/litigation/admin/2011/34-64528.pdf
I just stumbled upon it and thought you guys might like to know
How the heck did you get that @ 1:48 AM...??? I just got it on my RSS..???? Now we need this baby to trade!
12K SEC REINSTATEMENT
Cusip #
44887A103
Symbol
HYDP
Name
HYDROGEN POWER INC COM (DEL)
Exchange
XNAS
Effective Date
05/18/2011
http://www.dtcc.com/downloads/legal/imp_notices/2011/nscc/otc/OTC-095.pdf
What was "Hydrogen Now" Sounds like the same ole simplistic hydrolysis unit. Looks of patent mumbo jumbo but no detail here. Input anyone?
Inbtro shows two US officers. A CFO and seretary. Who was the outside the US CEO?
This has been dead so long I doubt any insiders remain with company info. What's the story on the principals here? Who's bright idea was this?
HYDP bustin outie 100DMA UPPERBOLLI, MACD, PPO, TRIX crossover :)
HYDP looks to be getting close... anyone here adding?
This thing is done right? BK in progress. That was very fast. Only took a couple years and they went under. Time to remove this one from my list.
Short Interest Date Short Interest % Change Avg. Daily Share Volume Days to Cover Split New Issue
Mar 14, 2008 25,970 0.37 42,961 1.00 No No
Estimated Market Cap
1,174,298 as of Apr 18, 2008
Outstanding Shares
29,357,444 as of Nov 12, 2007
Number of Share Holders of Record
2,130 as of Apr 17, 2006
Outstanding Shares: 13,632,045 as of 2006-11-17
changed to
The Registrant had 28,111,356 shares of common stock outstanding as of April 3, 2007 Per 10k Filing
http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename%3D0001049107%252D07...
28,111,356 - 13,632,045= 14,479,311 (O/S increase in approx 6 months)
thx for quick reply
with change of board and focus on renewable energy it seems the money could be used for a real program
wait and see
thx again
Well they are still late on their filing, got a NT 10-K and a e at the end of their symbol. I think they were raising capital for the past while but will look into it more to see whats up and update the ibox as soon as I get a chance. Could bounce though. The spread usually sucks and sometimes low volume but got to like the business plan. There are a few other companies that do the same I think like FCEL etc.
something cooking over here? nice bounce
good numbers coming?!
2,128,643 total amount of shares that increase in the Float per Pinksheets since the last IBOX count that I had. Any comments to where you guys might think this is headed? After several down days HYDP had an ok increase even though it was a NT 10-K that was released today. Not the best at reading filings though.
previous IBOX Outstanding Shares: 11,503,402 as of 2006-05-18
HYPD News! FastFunds Financial Corporation Retires 8.9 Million Common Shares to Treasury in Transaction with Parent Company Hydrogen Power, Inc.
WEST PALM BEACH, Fla., Jan 04, 2007 (BUSINESS WIRE) -- FastFunds
announced today that it has executed an agreement with Hydrogen Power, Inc. ("HPI"), FastFunds' majority stockholder, pursuant to which the Company will be retiring 8.9 million shares of common stock to treasury. Under the agreement, the present obligation of $5 million owed to FastFunds by HPI plus accrued interest and various other inter-company obligations will be eliminated. In addition, three subsidiaries unrelated to the HPI's core energy business, Key Financial Systems, Nova Financial Systems and Denaris Corporation, will be transferred to FastFunds as part of this transaction.
"This transaction allows us to move forward with our plans to evaluate new business opportunities by creating a more favorable equity structure," commented FastFunds Chairman Henry Fong. "While we have signed no agreements as of this date, we are active in our pursuit of potential transactions to maximize the Company's value for our stockholders."
FastFunds Financial Corporation is a holding company with no current business operations. The Company is majority owned by Hydrogen Power, Inc. (HYDP) an alternative energy company based in Seattle, Washington. The statements included in this press release concerning predictions of economic performance and management's plans and objectives constitute forward-looking statements made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. These statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors which could cause or contribute to such differences include, but are not limited to, factors detailed in the Securities and Exchange Commission filings of FastFunds Financial Corporation or its majority owned parent company Hydrogen Power, Inc.; economic downturns affecting the operations of FastFunds Financial Corporation, its subsidiaries or companies proposed for merger or acquisition; the loss of contracts or failure to acquire new contracts; success of any legal actions; failure to successfully implement newly developed product lines including projected increases in revenues or earnings; the inability to initiate or complete any contemplated restructuring, offering, acquisition, disposition or other transaction; adverse financial performance by FastFunds Financial Corporation or its subsidiaries; failure to obtain or maintain regulatory approval for products and services offered by FastFunds Financial Corporation or its subsidiaries; adverse equity market conditions and declines in the value of FastFunds Financial Corporation common stock; failure to satisfy contingencies or conditions to close the transactions; and the unavailability of financing to complete management's plans and objectives. The forward-looking statements contained in this press release speak only as of the date hereof and FastFunds Financial Corporation disclaims any intent or obligation to update these forward-looking statements.
HYDP-Hydrogen Power Announces New Directors and Plan of Divestiture for Its FastFunds Holdings Transactions to Create Focused Hydrogen Alternative Energy Company
ENGLEWOOD, Colo. & SEATTLE, Jan 04, 2007 (BUSINESS WIRE) -- Hydrogen Power, Inc. (OTCBB: HYDP) announced today that it has completed a change-in-direction whereby all of the current members of its board of directors have resigned and four new directors were appointed to propel the Company into 2007 and beyond as a hydrogen focused alternative energy Company. The newly appointed board members are: Mr. James H. Diffendorfer, a technical editor/engineer with the Boeing Company; Mr. John Martin, an engineering manager with URS Corporation, one of the leading Architectural/Engineering design firms in the United States; Dr. Virendra Chaudhary, an associate technical fellow/engineer with the Boeing Company; and Mr. Gurinder Dilawari, a Vancouver, British Columbia based businessman. In addition, Mr. Martin was named acting Chief Executive Officer following the resignation of Henry Fong as President and CEO.
Concurrent with the Board changes, the Company announced that its board of directors had approved the conversion of both its Series L-1 and L-2 outstanding preferred stock into common stock issued to the former shareholders of Hydrogen Power, Inc. The board had determined that the benchmarks were met for conversion of the preferred stock to common stock as specified in the applicable Certificate of Designation approved by the Company's stockholders in February 2006.
The Company also announced a plan of divestiture for a majority of the 12.4 million shares of FastFunds Financial Corp. common stock it currently holds. Under an agreement with FastFunds, 8.9 million shares will be redeemed by FastFunds with Hydrogen retaining 3.5 million shares. The present obligation of $5 million plus accrued interest owed to FastFunds by Hydrogen will be eliminated along with various other inter-company obligations. In addition, three subsidiaries unrelated to Hydrogen Power's core energy business, Key Financial Systems, Nova Financial Systems and Denaris Corporation will be transferred to FastFunds as part of this transaction.
"These actions are the culmination of a process begun over one year ago when we announced the acquisition of Hydrogen Power in Seattle," stated outgoing Hydrogen Power Chief Executive Officer and Director, Henry Fong. "This allows the Company and its new leadership to move forward and focus all of its efforts on Hydrogen related alternative energy as the country works to deal with the important issue of dependence on foreign oil."
John Martin, who is assuming the role as acting Chief Executive Officer, said, "I look forward to exploiting this opportunity of providing alternative technology through our hydrogen production for military and industrial uses."
Hydrogen Power, Inc. has licensed and has developed a patented technology for producing hydrogen gas in a process called Hydrogen Now(TM). Hydrogen Now involves a chemical reaction between water, aluminum, and an environmentally friendly catalyst to cleanly and efficiently produce hydrogen on-site and on-demand. FastFunds Financial Corporation (OTCBB: FFFC), a majority owned publicly-traded subsidiary, recently sold a majority of its operating assets and currently has limited business operations.
The statements included in this press release concerning predictions of economic performance and management's plans and objectives constitute forward- looking statements made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. These statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors which could cause or contribute to such differences include, but are not limited to: factors detailed in Hydrogen Power, Inc.'s (formerly Hydrogen Power International, Inc. and Equitex, Inc.) Securities and Exchange Commission filings; failure of registration statements to be declared effective; the loss of contracts or failure to acquire new contracts; success of any legal actions; failure to successfully implement newly developed product lines including projected increases in revenues or earnings; the inability to initiate or complete any contemplated restructuring, offering, acquisition, disposition or other transaction; adverse financial performance by Hydrogen Power or any of its subsidiaries; failure to obtain or maintain regulatory approval for products and services offered by Hydrogen Power or its subsidiaries; failure to complete the development and commercialization of alternative energy products or services; adverse equity market conditions and declines in the value of Hydrogen Power common stock; and the unavailability of financing to complete management's plans and objectives. The forward-looking statements contained in this press release speak only as of the date hereof and Hydrogen Power disclaims any intent or obligation to update these forward-looking statements.
SOURCE: Hydrogen Power, Inc.
CONTACT: Hydrogen Power, Inc.
Thomas B. Olson, Secretary, 303-796-8940
Copyright Business Wire 2007
KEYWORD: United States North America Colorado Washington INDUSTRY KEYWORD: Energy Alternative Energy Manufacturing Chemicals/Plastics SUBJECT CODE: Personnel
Hydrogen Power Begins Trading on OTC Bulletin Board Under Symbol HYDP as Hydrogen Power, Inc.
Business Wire - December 26, 2006 06:55
ENGLEWOOD, Colo. & SEATTLE, Dec 26, 2006 (BUSINESS WIRE) -- Hydrogen Power, Inc. (OTCBB: HYDP) announced that its common stock will begin trading today on the Over the Counter Bulletin Board as Hydrogen Power, Inc., completing the Company's name change from Hydrogen Power International, Inc. The shares will continue to trade under the symbol HYDP.
Hydrogen Power, Inc. has licensed and has developed a patented technology for producing hydrogen gas in a process called Hydrogen Now(TM). Hydrogen Now involves a chemical reaction between water, aluminum, and an environmentally friendly catalyst to cleanly and efficiently produce hydrogen on-site and on-demand. FastFunds Financial Corporation (OTCBB: FFFC), a majority owned publicly-traded subsidiary, recently sold a majority of its operating assets and currently has limited business operations.
The statements included in this press release concerning predictions of economic performance and management's plans and objectives constitute forward-looking statements made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. These statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors which could cause or contribute to such differences include, but are not limited to: factors detailed in Hydrogen Power, Inc.'s (formerly Hydrogen Power International, Inc. and Equitex, Inc.) Securities and Exchange Commission filings; failure of registration statements to be declared effective; the loss of contracts or failure to acquire new contracts; success of any legal actions; failure to successfully implement newly developed product lines including projected increases in revenues or earnings; the inability to initiate or complete any contemplated restructuring, offering, acquisition, disposition or other transaction; adverse financial performance by Hydrogen Power or any of its subsidiaries; failure to obtain or maintain regulatory approval for products and services offered by Hydrogen Power or its subsidiaries; failure to complete the development and commercialization of alternative energy products or services; adverse equity market conditions and declines in the value of Hydrogen Power common stock; and the unavailability of financing to complete management's plans and objectives. The forward-looking statements contained in this press release speak only as of the date hereof and Hydrogen Power disclaims any intent or obligation to update these forward-looking statements.
SOURCE: Hydrogen Power, Inc.
Hydrogen Power, Inc.
Thomas B. Olson, Secretary, 303-796-8940
OK will do! Thanks eom
Hey CuttinRog, amazing how many stocks in the "alternative energy" sector there are. So many people starting a new board for each of them. I started a board for all of them over a year ago. Come over and discuss which ever one you like. I got so much info on that board, news, 52 charts, good people there.
HYGS is on my list too. This sector will move in 2007!
Reasons to Invest in the Fuel Cell Technology:
http://www.investorshub.com/boards/read_msg.asp?message_id=15034930
No not too much to say. This is probably a buy and hold for right now. They may be selling right now to raise capital as well. And with only 1 MM on each side is a little to small for me right now. I might buy on some dips in the future.
From the last FFFC 10Q on Nov 14:
HPII is currently negotiating the terms of an agreement and series of transactions with the management of HPI that may result in a change in control of HPII’s board of directors and effect a change in HPII’s management. In addition, the negotiations may require HPII to divest all or substantially all of its holdings of equity in FFFC and eliminate all obligations between HPII and FFFC. As of the date of this quarterly report, no agreements have been reached and no assurance can be given that one will be reached.
HPII is Hydrogen Power International Inc.
Any input?
FFFC board: #board-7441
Nice board CuttinRog. I think each Alternative Energy Stock should have it's own board. I created a board for all of them. Feel free to post any news or opinions on HYDP or any other alternative energy stock there if you want. Thanks.
what is that suppose to mean,it was a joke not DD.
You probably should live up to your name and do some DD before posting.
I ate beans tonight and I'm getting ready to release some stored hydrogen.
HYDP This is from the most recent Barrons report. It has some exposure now.
HYDP appears well-positioned to benefit from the development of hydrogen powered vehicles...the Army has begun a year-long test of the hydrogen-powered Equinox [for] Army needs. General Motors (GM) has set a deadline of 2010 to develop a price-competitive fuelcell-powered vehicle for the mass market...HYDP's wholly owned subsidiary, Hydrogen Power Inc, has developed a patented hydrogen-production technology, Hydrogen Now, which uses a chemical reaction between water, aluminum and an environmentally friendly catalyst to produce hydrogen, and a first-generation AlumiFuel hydrogen-power product...In June, HPI said it had converted a 2006 Ford Ranger XL truck to a hydrogen hybrid...HPI [appears] well positioned to benefit if and when a market for hydrogen-powered vehicles materializes. Reiterating Neutral.
Hello all! Just put this together quick. Changes can be made if need be.
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