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Good post, Hysr is what it is. Invest at your own risk. But do your own DD.
rsh,
It was sent out via the newsletter in the exact same format as all the other PRs. Not sure why you didn't receive yours.
Also it was posted to the NASDAQ global news wire by their PR firm like all of the other releases:
https://globenewswire.com/news-release/2018/02/07/1335107/0/en/HyperSolar-Announces-Impressive-Catalyst-Stability-for-Solar-Hydrogen-Production.html
Going do to the bottom of the PR there is a more articles issued by Hypersolar. Click on that and you'll see most of the PRs have the same contact:
Press Contact:
Eric Fischgrund
FischTank Marketing and PR
646-699-1414
Eric@FischTankPR.com
Not sure what kind of google search you are doing either. If you do a google search for hypersolar news, it should be the 4th or 5th result:
https://www.google.com/search?source=hp&ei=6LZ9WoeBF5GizwLNuLyoBw&q=hypersolar+news&oq=hypersol&gs_l=psy-ab.1.2.0l7j0i10k1j0l2.2810.4998.0.8259.8.4.0.0.0.0.657.657.5-1.1.0....0...1c.1.64.psy-ab..7.1.655....0.zZLvottC1TM
Although they did a pretty decent job updating the website the last 6 or so months, but I've seen them take up to 2 weeks to post new press releases in previous years.
An interesting study, though keep in mind Germany is a much smaller, but extremely populated country. To scale these numbers to the US would take a bit of work.
http://h2-mobility.de/en/news-and-infos/battery-and-hydrogen-h2-juelich-research-center-and-h2-mobility-publish-comparative-analysis-of-infrastructure-costs/
He's a pretty decent place to start:
http://www.intelligent-energy.com/technology/technology-faq/
About Intelligent Energy: Intelligent Energy is a fuel cell engineering business built on 30 years of PEM fuel cell development. Following acquisition by Meditor Energy, part of the Meditor Group, in October 2017 it is now undergoing a period of increased investment and expansion of its product offering. The company is focused on the development and commercialisation of its PEM fuel cell technologies for a range of markets including automotive, stationary power and UAVs. It is headquartered in the UK, with additional operations in the US, Japan, India, and China.
SpeedRead News Letter February 2018
With our fund raise of £18.4 million we have made a strong start to the New Year. Net proceeds will be predominately used to help fund the development of our Mississippi biorefinery, for which we are targeting final investment decision by the middle of 2019. The firm placing was strongly supported by our existing major shareholders – who I would like to thank for their ongoing support – as well as by some significant new shareholders, who we welcome to our shareholder register. We were pleased to include an open offer element as part of the fund raise, which allows all eligible shareholders to participate on the same terms, as set by the market.
In the last few months Velocys has met a number of important milestones. ENVIA’s Oklahoma City plant reached a key operational capacity of 200 barrels per day in October and has since submitted RINs for qualification under the Renewable Fuel Standard. We announced the location of the site of our first biorefinery in the US that will use forestry residues as feedstock. The FEL-2 engineering study for this Mississippi biorefinery has been completed and we have agreed term sheets with several potential offtakers.
We will, no doubt, have many challenges to overcome before we reach FID, but I am confident that we have the team, the technology, the dedication and desire to reach this objective on our journey to build a material position in this attractive market and in turn create significant shareholder value.
Please get in touch if you would like more information on any of the items highlighted in this newsletter.
David Pummell, CEO
____________________________________________________________
What's new?
Fund raise of approximately £18.4 million
On 15 January 2018 Velocys reported it intended to raise approximately £14 million by way of a firm placing and £4.4 million by way of a placing and open offer. Net proceeds will be used predominantly towards funding initial development costs in respect of the Company's Mississippi biorefinery. It is also expected to include a contribution to progress the next stage of the UK waste-to-jet fuel project as well as to fund the Company’s working capital and central operating costs. Read more… Presentation... Webcast… All resolutions put to shareholders were passed at the General Meeting held on 31 January 2018, and the new ordinary shares were admitted to the market on 1 February.
Site confirmed for first US biorefinery
On 20 October 2017 the Company announced that its first US biorefinery would be located in Natchez, Mississippi. The Company has been offered economic development incentives estimated to be worth up to $60 million to locate at this advantaged site. Velocys is maintaining its list of other attractive sites in the region. Read more…
Oklahoma City plant on track to reach final capacity
ENVIA Energy’s gas-to-liquids plant reached a key operational milestone at the end of October 2017, when it reached a capacity of 200 barrels per day. The Velocys technology being used in Oklahoma City will be deployed in the biorefineries we and our partners are developing, significantly reducing technology risk and improving the likelihood of success at those plants. Read more…
Oklahoma City plant – RIN credit submission
On 16 January 2018 the Company announced that ENVIA believes that fuel produced at its Oklahoma City plant has met the necessary requirements to be submitted for qualification under the Renewable Fuel Standard. Subject to confirmation of the pathway compliance it is expected that all necessary processes to trade the generated D7 RINs for maximum value will be completed in Q1 2018. Read more…
Interim results for the six months ended 30 June 2017
The interim results for 2017 were posted on 29 September 2017. CEO David Pummell commented, “As Velocys the Renewable Fuels Company, we have made considerable progress in our strategy implementation and subsequent restructuring of the business over the first part of the year. Successive operational milestones have been reached at ENVIA Oklahoma and we have made steady progress towards developing our first biorefinery in the US.” Read more…
On the conference circuit
Philipp Stratmann, Vice President, Biofuels, presented at the Advanced Bioeconomy Leadership Conference on Next Generation Technologies (ABLC Next) in San Francisco in October. His talk was reported by Biofuels Digest. Brian Cody, Supply Chain Development Manager, presented at the Gasification and Syngas Technologies Conference in Colorado Springs in the same month.
Looking ahead, David Pummell, CEO will be presenting at the Advanced Bioeconomy Leadership Conference (ABLC) in Washington DC, which starts at the end of February 2018. Neville Hargreaves, Director Capital Projects UK, has been invited to present a talk on the UK waste-to-jet fuel opportunity at World Bio Markets, to be held in Amsterdam, 20-22 March.
In the press
In an Investors Chronicle “Boardroom Talk” podcast, resources writer Alex Newman asked David Pummell why he thinks the tide has turned for Velocys, and what investors can expect in the coming years.
News of the partnership formed including British Airways to address the opportunity for waste to renewable jet fuel plants in the UK continues to be reported, for example in Airport World, Aerospace Technology, Recycling and Waste World and Airport Technology.
The selection of Natchez, Mississippi as the location of the Company’s first US biorefinery using forestry waste as feedstock was covered extensively in the national, trade and biofuels press as well as by the local press in Mississippi – see for example in The Natchez Democrat, Biofuels International and The First Natchez Radio Group.
David Pummell recorded BRR webcasts on both the Natchez site selection and ENVIA Energy’s Oklahoma City plant reaching a capacity of 200 barrels per day. That news was covered by, for example, Alliance News and Sharecast. News of ENVIA’s RIN credit submission as well as the fund raise was reported by, for example, Biomass Magazine.
From a wider industry perspective, Bloomberg Businessweek commented on how forestry practices (such as those that will be used to produce forestry residues that will act as feedstock for Velocys’ Mississippi plant) benefit forestry health, wildfire prevention and a forest’s ability to act as a carbon sink. Elsewhere Shell became one of the latest companies to pledge to decrease greenhouse gas emissions from its activities. Shell’s new climate change target aims to cut the net carbon footprint of its products in half by 2050, and around one-fifth by 2035.
Contact us for further information
General enquiries: info@velocys.com
Press enquiries: press@velocys.com
Careers: careers@velocys.com
Link to New Letter: http://www.velocys.com/press/newsletter/speedread25.htm
That is true, economical hydrogen is the first step to the markets accepting hydrogen as a fuel. I think we are already there with reforming natural gas and other hydrocarbons. What's missing is a carbon neutral solution. The only carbon neutral ones I've come across are splitting water and extracting from woody biomass. The woody biomass is still pretty expensive and probably best used to creat bio-fuels (See Velocys, www.velocys.com, LON:VLS, OTCPink: OXFCF). Have you seen anything else?
I don't disagree with you on what Hypersolar has shown us either. Unless they come out with a full prototype that is at least close to economical some time soon, I think they are going to miss the boat.
In my opinion I give them a 50/50 shot of making it this year. That is based off of the work that they have done, the universities they are working with, and having followed this company for many years.
However, if Hypersolar doesn't make it this year I think someone else is going to beat them to market with an economical and Eco-friendly product. There are just too many companies and schools working on this problem right now.
You are correct. I'm just highlighted that the need for hydrogen is out there.
Not sure if I've seen any competitors that can generate hydrogen from any water source. The only ones I've seen require either distilled water or steam. Though if Hypersolar doesn't start moving forward quickly, it's only a matter of time before a competitor beats them to market with a hydrogen from any water source solution.
Army exploring uses for fuel cell technology beyond vehicles
By Ashley Tressel, Inside Defense, February 2, 2018
A program using hydrogen fuel cells to reduce a vehicle's detectability has revealed other potential uses for the technology, which the service is exploring. Powering an assault vehicle or a command post are among the possibilities, the project lead with the Tank Automotive Research, Development and Engineering Center told Inside the Army.
A demonstration last month in Hawaii proved the system's stealth in a simulated reconnaissance mission pitting the 2nd Squadron, 14th Cavalry Regiment, 25th Infantry Division, in humvees against the "enemy" in the General Motors ZH2, a modified Chevrolet Colorado fitted with a fuel cell and electric drive. Lying in wait in the ZH2 was project lead Brian Butrico, who was surprised at how close the cavalry came before they noticed his vehicle hiding in the jungle.
"They had no idea until they literally drove right past us," Butrico said of one drill. "Had we been a real enemy opposition force and had a weapons system, we would have been able to destroy the entire column of humvees very easily before they even saw us."
The ZH2 does not produce any smoke, noise, odor or thermal signature, allowing its occupants to mask their presence in the field.
"Instead of [the enemy] being able to hear us from a kilometer away, they can now only hear us from 50 or 100 meters away, so that allows us a lot of flexibility in where we set up command posts, or also freedom of movement, and allows us greater mobility and areas of approach -- more areas we can operate in without being detected," he said.
Butrico said the Army is "just scratching the surface" of possibilities with this technology and officials are excited by future applications. Kari Drotleff, who is replacing Butrico as project lead, said the service aims to determine the best possible use of the technology.
"We can put this into anything, but is it the right application?" she said.
The 25th ID used the fuel cell to quietly power its tactical operation center, eliminating noisy generators. An extensive modeling simulation by the Army will see how this could work in a larger theater, said Butrico. The service is also toying with the idea of using the technology as an auxiliary power unit on a major combat platform or even equipping soldiers with it as a wearable system to lighten their load.
The Army has already begun work to determine how to produce, store and distribute hydrogen in the field.
And another one of those small trades to put us 1,100% up.
I agree with you there... Unless he is only going to use Pro Star as a call center. Hopefully he'll bring the HPTG ticker current and sell it off.
Maybe it is, maybe it isn't... strong arguments can be made either way.
What I do know, I've made a boat load of money flipping this stock multiple times over the last 6-7 years; and see this trend continuing for at least another 3-4 years.
If I remember right that was discussed in the live announcement. I just remembered hearing about the &10k split before Jiffytrade wrote about it.
Ok found it on page 16 of the last 10-Q and it's still as clear as mud, thought I think we have to wait for the JV operating agreement:
Areva NP SAS Agreements
On November 14, 2017, the Company entered into three binding agreements with AREVA NP SAS: (1) A Research and Development Services Agreement (RDSA), (2) A Co-Ownership Agreement (COA), and (3) An Intellectual Property Annex (IP Annex). These agreements govern joint research and development activities relating to the Lightbridge-designed metallic fuel and treatment of all existing and future intellectual property related thereto. The signed agreements form the foundation for, are an integral part of, the proposed joint venture arrangement between the Company and AREVA, Inc., a US wholly-owned subsidiary of AREVA NP SAS.
The RDSA defines the terms and conditions for joint R&D activities between AREVA NP SAS (“ANP”) and Lightbridge (“LTBR”) initially (and the JV once it is formed) and joint generation of Foreground Intellectual Property (IP) based on a combination of Background IP contributed by ANP and LTBR.
In connection with the RDSA, the Company is committed to purchase minimum amounts of R&D services from ANP of approximately $3.3 million for the period up through December 31, 2018.
The COA defines terms and conditions for treatment of Background and Foreground IP between ANP and LTBR within the Domain and outside the Domain during and beyond the life of the JV. The COA will survive the life of the JV. Key terms and conditions of the COA include:
ANP and Lightbridge will co-own (on a 50-50 basis) the Foreground IP property that they and their subcontractors (the R&D Agreement defines in detail terms and conditions for subcontracting R&D activities) will create in relation to the various JV projects within the Domain.
·It also includes procedures for managing the Foreground IP, including, for example, deciding when to file patent applications.
·Defines IP governance structure, including the IP Committee.
The IP Annex is a higher-level reference document that will be attached to the JV Operating Agreement, and summarizes the parties’ understanding regarding IP matters based on detailed terms and conditions contained in the RDSA and COA. The IP Annex will be executed by ANP and LTBR as a standalone document and will remain in force only during the life of the JV.
So I've seen where both Lightbridge and Framatome are provising $10k as initial seed money to get Enfission started, but where is the $3.3 mil coming from? Is that for the design and fabrication of the Lead Test Assembly? If so how much of that is going to Enfission now that the JV is named, and responsible for fuel test and design?
Hahah... no I only put in only as much research as you did. This is a research and development play, and frankly they have been doing a pretty good job at it. Might take a few more years and they might not even reach their goals. But there will be ups and downs in the stock price and played right will bring good gains.
Also, it burns with an orange flame:
Ummmm... You do realize that a large % of American homes still have propane or natural gas tank sitting right next to it, nevermind the force that an exploding water-heater can create. So what's your point?
I agree, as long as the testing remains on schedule in 2-5 years this is going to be a giant. I think the prospects of a buy out are lower then most people think. This is a fuels research and development company, something that takes years and a lot of capital to do. I wouldn't be surprised if Lightbridge announced in a year or two that they are going to start working on their next fuel, Thorium Rods. As seen by just getting the metallic rods commercialized, it's a 15 year project. That timeline is probably something the fuel makers are not going to want to touch; especially when they can come in on the back end and make a sweet deal like Framatome did, reducing their risk of falure.
Lightbridge has already updated their corporate presentation on the company webpage. Note on slide 26 it shows Lightbridge splitting the Enfission revenue 50/50 w/ framatome.
If I'm reading everything in the slide deck correctly, I think Lightbridge and framatome are going to split the fuel sales commission (less Enfission operating cost), while framatome keeps the manufacturing and shipping revenue.
The big questions going forward, will the royalty on the uprate profits go exclusively to Lightbridge, or will it be split with famatome as part of the sales. Any thoughts?
https://ltbridge.com/wp-content/uploads/2018/01/Lightbridge-Rev-16_JV.pdf
Agreed... I'm back in at $3, after selling off my $1.15 at $4.10. If it drifts back down to $2 I'll pick up another batch there also.
Thanks.... so until we see a revenue stream from the use of our patents by the JV, we are probably going to slowly drift lower like we have been the last 5 years.
Can someone provide an update on the webcast. I'm stuck at work and can't listen in. Though I'm assuming nothing unexpected has been announced considering we are still slowly drifting back towards $3
That was me.
I'm just surprised it took this long for it to happen.
Absolutely agree on that. Though I guess a lawyer showing up would at least get him think about things.
This is true, however I think he has done a pretty good job mixing things up considering that the securities are registered in Florida.
I wouldn’t have a problem with that.
I still have 4mil around
Thanks for the clarification.
Taking a look at the number of shares that have been bought up over the last few months, if it is Zaric doing it, there shouldn't be many left. Especially since the members remaining here probably account for a good 10-20 mil. Hopefully, we'll find out his end game soon.
Yeah, looks like we are out of trips till someone sells another 100 shares at .0001.
And still no clue....
Though I did do a little digging around on some of the state business search sites. Looks like Pro Star Auto Group is no longer active, but Pro Star Freight Systems Inc is and registered in IL. Hydrophi Tech Group is still active in Florida, and is now registered under Zaric with an Orlando Address.
News - 16 Jan 2018 - Oklahoma City plant – RIN credit submission
ENVIA Energy believes that fuel produced at its Oklahoma City plant has met the necessary requirements to be submitted for qualification under the Renewable Fuel Standard in the US
—
Velocys plc (VLS.L), the renewable fuels company, is pleased to announce that ENVIA Energy believes that fuel produced at its Oklahoma City gas-to-liquids plant has met the necessary requirements to be submitted for qualification under the Renewable Fuel Standard (RFS) in the US. As a result, the facility has submitted a certain number of RIN (Renewable Identification Number) credits to the US Environmental Protection Agency’s (EPA) registration system.
The process used at ENVIA makes a drop-in fuel that is made from renewable biogas and pipeline natural gas. Such a process is approved by the EPA for the highest value RINs under the RFS as it delivers the most significant greenhouse gas reductions called for under the programme. Throughout 2017 the type of RIN (D7) that would be produced at ENVIA, based on its specific feedstock mix, traded above $2.4/gallon. For a fuel produced exclusively from renewable feedstock, such as at the biorefinery Velocys is developing in Mississippi, this equates to RIN values above $4/gallon throughout 2017.
Subject to confirmation of the pathway compliance it is expected that all necessary processes to trade the generated D7 RIN credits for maximum value will be completed in Q1 2018. A significant contribution of the revenues of the plant could be derived from the ongoing sale of these RINs.
David Pummell, CEO of Velocys, said:
“This is a major achievement and milestone for both ENVIA and Velocys. On confirmation of the pathway compliance, these will be the first RIN credits generated by our technology and also the first associated with a Fischer-Tropsch process on landfill gas. This in itself represents a significant commercial validation of our technology.
“The US renewable fuels market is a high value growth market with incentives at both Federal and State levels in the form of tradeable fuel and carbon credits. Today’s news demonstrates that Velocys has the capability to secure renewable fuel incentives that will enable Velocys to unlock the attractive renewable fuels market.”
– Ends –
For further information, please contact:
Velocys
David Pummell, CEO
+44 1235 838 621
Camarco (financial communications & PR)
Billy Clegg
Georgia Edmonds
+44 20 3757 4983
Link to Article: http://www.velocys.com/oklahoma-city-plant-rin-credit-submission/
Who buys/sells 100 shares at .0001?
Good deal. I've been considering doing that myself, but keep hoping that someone will pick them up at .0001.
Actually it looks like over 10mil of those shares were dumped out of someone portfolio for .00001.
This is the official site for the OTC Market:
https://www.otcmarkets.com/home
I believe the General Holdings is from a cash infusion Mr Hou made In 2016 which helped keep LTBR on NASDAQ.
http://ir.ltbridge.com/releasedetail.cfm?ReleaseID=977608
Another driver in short-term gains, with possible long-term effects, is on Tuesday Intel announced a major defect in all of their CPUs built the last 10 years. This defect leaves an entry point for hackers to access the most protected data on the computer. The fix will probably result in degraded performance of the CPU.
Edited to include article link: https://gizmodo.com/report-all-intel-processors-made-in-the-last-decade-mi-1821728240
I’ve kept a few 1,000 around to flip for 5-6 years now. Easy to get 75-100% gains once or twice a year.
Yeah I think I'm going to drop off some shares at $2.05 for a 100% gains, then by back more on the next dip.
Most likely news is about to hit.
Any guesses on what we are going to run to this time?
On expected news (AREVRA update), I think we are going to stick around the $2 level. If we get some good news out of left field, like a new advising contract or accelerated testing, I think we could see $3-$5.
Has anyone seen anything in the infrastructure bill for nuclear?