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Thank you JoseSD for the update. GLTA!
Also found a DOE website dealing with photolytic processes that use the energy in sunlight to separate water into hydrogen and oxygen.
http://energy.gov/eere/fuelcells/photolytic-processes
Definitely has DOE looking at hydrogen for fuel cells and what an opportunity for HYSR if they can just develop their technology a bit further.
Do not need any PR's on news articles about hydrogen. What we need to hear is PR's about HYSR reaching their voltage range, prototype hydrogen generators on even a scaled down commercial level and progress or plan to commercialize their technology. This would be a great encouragement to shareholders, investors and industrial companies that could use their technology. And it would be good for HYSR's share price. Give us something of substance to hang our hat on.
Valence Industries (US:VLQCF), (ASX:VXL) Managing Director's address at General Meeting, Adelaide, Australia, 19 February 2015
http://www.bloomberg.com/article/2015-02-18/aFz8eQmeIaFg.html
To view the presentation, please go to website noted below:
http://media.abnnewswire.net/media/en/docs/ASX-VXL-843325.pdf
Good progress IMO.
http://media.abnnewswire.net/media/en/docs/ASX-VXL-841970.pdf
Valence Industries Feb 2015 Corporate Presentation
Cultz, How big a bus or truck should I get to back up to the dock to load up on HYSR?
I am pretty sure Apple had their product development and manufacturing engineering departmarts fully engaged during the R&D process of their new products. Nice ideals that do not meet cost guidelines, agency approval guidelines, are not easy to mass produce in large manufacturing quantities are just that, nice ideas. You need to have engineering, manufacturing, purchasing, quality control and sales engaged in the product development process. R&D can be a world by itself, but in doing so there is usually a longer lead time to take the idea and make it into something that can be manufactured and sold at a price and with the features needed to make it viable in the marketplace.
As HYSR has more organizations/businesses/colleges added into their project there is a potential for having too many cooks in the kitchen and coordinated efforts become scattered.
From my point of view, HYSR needs a Project Management/New Product Development Director to coordinate all the various groups working on HYSR projects.
Weekly product review / R&D project review meetings provide a structure and means to keep the train on the track and have everyone know what the status is of each element of this project. Does not have to be a lengthy meeting. Teleconference once a week, Monday or Friday, where each person who is accountable for a specific aspect of the project provides an update on their work. If they have made progress on their project/work, then they could provide this information. If they had not made any progress they could simply state, "no progress". After three or four meetings of stating "no progress" they may be more motivated to make something happen to be able to state they had made progress on something. An uncomplicated agenda could be documented on an electronic file and distributed to each person involved in the project by email so that everyone knows the status of each aspect of the project and what they are accountable to report on at the next review meeting. Sure kept me on track and motivated me to get things done. Nothing worse than stating to everyone, "I missed the deadline", "I have nothing to report", "No progress", "Missed the cost guidelines" or "We did not have time to complete this part of the project.".
The weekly product review / R&D project review meetings would give everyone responsible in the company to have a clearer picture of where they are R&D wise, product development wise, timewise and costwise. This minimizes those little surprises that tend ot pop-up when something becomes a roadblock or difficulty and someone says, "well I did not know anything about that". Also information and documentation can be developed from the review meetings that provide Marketing with useful presentations that are suitable for public distribution and show company progress. More beneficial than stating over and over of the world's interest in hydrogen.
All product development/R&D projects should have a product specification that provides an initial roadmap for direction and purpose. The conceptual commercial unit product spec. could take into account existing technology that can be applied so no reinvention on the wheel is required. Then the product spec would provide a beginning point for how the new technology is to be applied. A good product review study of existing hydrogen generating/refueling systems could provide additional information on what to do and not do for the future HYSR system. From that point a 3D CAD model could be created at a nominal cost that would provide the basis for drawings and CAM files to make actual prototype components for fit, form and function analysis and a database for each part/assembly for project management and costing purposes. Initial presentation drawings could be printed and presented to add further clarity and understanding to the investor community, businesses and their website on what direction HYSR is going and the progress being made. This would enable a framework timeline to be established and a means to develop product cost, tooling cost and lead times to acquire parts, assemblies, tooling and facility requirements. This would also give structure and a roadmap to safety and governmental agency approval requirments needed before production could begin.
The above could run in parallel with the R&D programs currently in progress and in doing so help provide feedback to the R&D groups. As the R&D groups develop the new systems they will have consideration and information on applying them to the commercial unit as it is currently understood. This could be very useful in not going down a R&D path that is not commercially viable.
If HYSR had the above program in place it would do a lot to give stockholders, investors and other companies that may wish to use their new system greater confidence and interest in using HYSR.
I could help them make a small scale commercial hydrogen generation/refueling station given some of the existing technology that currently exists and then working with them to apply on a conceptual basis the new technology they are developing. They would not have to show all their latest developments to preserve their intellectual property until patented. Just enough to show what their proposed system would be like and how it would be installed and distributed for consumer use. In my past lives I was a new product development and research and develoment engineering director. I'm sure there are others like me out there who could begin laying the ground work for a conceptual prototype, commercial unit to give direction on where HYSR is going.
I would be real excited if HYSR made an initial, small scale commercial hydrogen generator/refueling station prototype to see what their proposed system would be like. As it stands now, going from an R&D experiment to even a small scale commercial unit would be a huge leap to achieve even with good financial backing required to even begin making this first step. But a small commercial prototype (perhaps operational on some limited basis) would really give substance and credibility to HYSR.
VLQCF, Valence for graphite for advanced solar cells and hydrogen powered fuel cell cars. Check out BMW's new cars.
Valence Industries (ASX:VXL) (VLQCF:US) December 2014 Quarterly Activities Report and Appendix 5B
http://www.abnnewswire.net/press/en/79252/Valence_Industries_%28ASX:VXL%29_December_2014_Quarterly_Activities_Report_and_Appendix_5B.html
Latest update on the progress of Valence Industries, Australia's Only Graphite Producer. Valence Industries' goal is to become a leading global graphite production company and manufacturer of advanced, high-margin graphite related products.
Two and a half years ago, HyperSolar Inc (OTCMKTS:HYSR, HYSR message board)'s management team uploaded a video called “Proof of Concept Prototype”. In it they showed the investment public how they can produce hydrogen with the help of special polymers and the sun. Let's take this video as a starting point for today's article and see how HYSR was doing back then. Needless to say, we will also compare the company's situation from two and a half years ago to the one at the moment.
The proof-of-concept video had a profound effect on HYSR's performance. Just hours after it saw the light of day, the ticker peaked at over $0.07 per share on a dollar volume of more than $920 thousand. Unfortunately, that was a while ago, and right now, these sort of levels appear to be nothing more than a distant dream. In fact, HYSR has been behaving quite erratically over the last few sessions and although it has displayed some impressive jumps, keeping a steady northbound course is proving elusive. On Friday, it suffered a 1% correction and closed the week at just over $0.03 per share.
As far as the business operations are concerned, HYSR has made some progress. In December, the management team announced that they have reached an open-circuit voltage of 1.25 volts which, apparently, is an important milestone. They also said that pushing the voltage up to 1.5 volts will allow them to start commercializing the technology. Sadly, if you take a quick peek at the latest 10-Q, you'll see that investing money in research and development activities might be a tall order.
And since we mentioned the 10-Q, we should probably note that the company's financial situation is deteriorating by the minute. At the end of the first calendar quarter of 2012, for example, HYSR had about $37 thousand in cash, $72 thousand in total assets, and $76 thousand in liabilities. On September 30, 2014, on the other hand, they had $44 thousand in cash, $84 thousand in total assets, and a mind-boggling $6.6 million in liabilities.
You have to agree that although the technology sounds clever enough, with these sort of figures, the company is unlikely to change the world as we know it. And while the numbers in HYSR's bank account remain low, the same can not be said about the share count.
As we mentioned in our previous articles, during the fiscal year ended June 30, 2014, HYSR printed more than 180 million shares at a rate of less than $0.0025 a piece in order to satisfy some notes. During the quarter ended September 30, 2014, a further $33 thousand worth of debt was converted into 19.2 million shares.
As we also noted in our previous reviews of the stock's performance, there were quite a lot of toxic notes still outstanding at the end of September which could suggest that the shareholders will have to put up with some more hugely discounted shares.
All in all, the differences between HYSR's positions in 2012 and the company's state of affairs right now are not that many. Two and a half years ago, HYSR had a clever piece of technology and was in a bit of a financial mess. Right now, HYSR still has the technology, its 10-Q is still a mess, and it's suffering the effects of major dilution. Keeping this in mind before putting any money on the line is extremely important.
Info noted above from Hotstocked website Jan. 26, 2015.
Maybe Dundee is hoping that his representing Almonty and also a large shareholder in Woulfe will enable him to develop a low ball price for Woulfe to make Almonty merger with Woulfe financially attractive and beneficial in the long run to him and his friends? Just an opinion on my part, but this little business deal smells. Wonder what IMC is thinking about this or will this benefit them too? Regardless, this does not look beneficial to shareholders in general.
Typo, should have been .022.
12.5 million is not much concern for me, if HYSR can hit the 1.5 volt threshold, IMO.
Ultimately if HYSR does hit the 1.5 volt solar cell I'm pretty sure the stock will take off. Key item is 'if' they can and approximately how long. Some news on their efforts, current results and plans on how they plan to gear up for production or commercialize this technology would be great. A demo unit on a scale big enough to do one operating hydrogen filling station would knock the ball out of the park, IMO. It would not need to be at the 1.5 volt level, just good enough to produce hydrogen and demonstrate the future system.
We need some news showing higher voltage results soon or I'm afraid HYSR will lose P/S IMO. Need real news on actual results.
I'm back in at .012.
Check out Valence Industries (VLQCF) in regards to speciality graphite/graphene products. This company should be a leader in the future in production and development of speciality graphite/graphene products.
Tungsten is a global strategic metal. Industry needs this metal to make a large percentage of goods, electronics, automobiles, defense weapons and industrial products. Precious metals are important but so are metals like tungsten that are essential for manufacturing and products. No tungsten and the world would feel the impact immediately. And the world is consuming and demanding more and more Tungsten. So I'm picking up more shares of WFEMF on each P/S pullback or other opportunity.
I admire your stepping up, Lothar. As a complement to the solar industry check out Valence at VLQCF.
IMO, Woulfe Minning is a great opportunity. Tungsten is a strategic metal and the demand for it will continue to increase world wide. I am in on this company and excited about its future development.
Uley 2 is Phase 2. High grade graphite site with projected capex of 30M+. Phase 1 of operation should be in operation now and with revenue from this site should make it very feasible for capex of 30M+ over 3 years to be approved, obtained and implemented.
Increase in graphite and graphite flake production of high quality should propel this company forward. As Australia's only graphite producer (which IMO the Australia government will be very supportive of), the world wide demand for graphite increasing (particularly high quality graphite and graphite flake) and Valence development of graphite speciality products for growing world wide industrial, electronics, batteries / solar and automotive applications, I am very excited about this company. They also already have a customer base established and look to increase their volume of business thru them and also add new customers to their business.
Yes, only Aussie producer and also graphite speciality product. Quality of graphite is extremely high. Should be producing under Phase 1 of project. They seem like the real deal IMO. Looking for new updates soon from Valence on production and revenue. I'm defintely in on this company.
I'll buy some when P/S bid/ask hits about .014.
IMO looks like a P&D setup attempt in the making. Manipulation of stock by MM's IMO to accummulate stock at .02 or less than stampede the herd to get to .04, maybe higher. Need some players to be left holding the bag.
One person's turd is another person's treasure!
Accumulation for P&D possibility soon IMO.
HYSR vs Debt?
www.hotstocked.com/article/88855/hypersolar-inc-otcmkts-hysr-spikes-yet-again.html
"One thing is for sure – they are right about the development stage status of the company. There's no getting away from the fact, however, that if the management team want to lure investors in, they will need to do something about the balance sheet because the latest 10-Q looks absolutely horrific. Here's a summary of the most important figures as of September 30:
current assets: $44 thousand in cash
current liabilities: $6.6 million
NO revenues
quarterly operating loss: $117 thousand
HYSR is in a desperate need of a cash injection, but unfortunately, the appalling 10-Q's and 10-K's from previous periods suggest that the management team is struggling with finding sources of fresh capital. The shareholders are hoping that this is about to change, but while they're waiting for a more stable balance sheet, they mustn't forget that some people might be tempted to liquidate their positions in the stock and walk away with bags full of money.
As we mentioned in our previous article, more than 180 million shares saw the light of day as a conversion of debt during the fiscal year ended June 30. The average rate stands at $0.0025 per share. During the latest reported quarter, HYSR printed a further 19 million shares in order to satisfy just $33 thousand worth of notes which pushes the conversion rate even lower – just $0.0017 per share. For the record, 19 million shares cost about $418 thousand at the current market price.
The A/S count is sitting at 1 billion, and the fact that on September 30, almost $430 thousand worth of debt was waiting to be turned into discounted stock means that the threat of further dilution is looming. Keeping this in mind while making your investment decision is absolutely essential."
Valence Industries Presentation
December 2014
media.abnnewswire.net/media/en/presentations/rpt/ASX-VXL-833426.pdf
Valence Industries (VLQCF) (ASX:VXL) Bloomberg Article
January 2, 2015
www.bloomberg.com/article/2015-01-01/a4mwqQ4sAjyo.html
Valence Industries (VLQCF) (ASX:VXL) Feasibility Study Expansion and ADV Released
Jan 1, 2015
www.abnnewswire.net/companies/en/36328/Valence_Industries
Valence Industries (VLQCF) (ASX:VXL) Feasibility Study Expansion and ADV Manufacturing
Adelaide, Australia, Jan 2, 2015 - (ABN Newswire) - Valence Industries (VLQCF) (ASX:VXL)
has completed its Feasibility Study for the significant expansion of its
currently operating Phase I graphite mining, processing and advanced
manufacturing capacity.
The Feasibility Study reflects the continued focus by Valence Industries on a
program of advanced manufacturing shifting the emphasis from bulk tonnages to
value added product lines and increased margins. The Executive Summary of the
Feasibility Study is appended with the key elements discussed below.
Production & Manufacturing Strategy
The Feasibility Study defines an advanced manufacturing program for Valence
Industries with two aspects:
(1) base flake graphite concentrate production at the Uley Graphite(TM) site;
combined with
(2) advanced product handling facilities near the port of Adelaide.
Valence Industries has ore reserves exceeding 2Mt to meet current production and
sales programs and is drilling its exploration targets on a schedule to match
the need for additional future raw material.
Expansion of the facilities at the Uley Graphite(TM) site will provide
additional processing capacity In 25000tpa increments of graphite output to
reach 64000tpa to effectively match market demand.
This Phase II plant is also designed to deliver significant advances in quality,
output reliability and reduced processing costs compared to the existing Phase I
plant.
To view the Feasibility Study report, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-VXL-837322.pdf
About Valence Industries:
Valence Industries Limited (ASX:VXL) is an industrial manufacturing company
producing high grade flake graphite products for distribution and sale to global
markets. Valence Industries owns established processing facilities and
infrastructure to manufacture a wide range of graphite product lines for
multiple applications and multiple industries. Valence Industries produces and
sells its graphite products from its Uley Graphite facilities in regional South
Australia for delivery to diversified markets for graphite in the Asia Pacific,
Europe and North America.
Source:
Valence Industries
www.valenceindustries.com
Valence Industries (VLQCF) (ASX:VXL) Austrailian Approval Received for Graphite Production
Dec 24, 2014
Valence Industries Austrailian Approval Received for Graphite Production
Sydney, Australia, Dec 23, 2014 - (ABN Newswire) - Valence Industries
(VLQCF) (ASX:VXL) is pleased to announce that it has received regulatory approvals for
its wholly owned Uley GraphiteTM mining and manufacturing facilities in South
Australia.
The approvals allow Valence Industries to commence commercial scale graphite
production from the existing stockpiles through the Phase I Plant.
The approvals also allow Valence Industries to construct and operate its Phase
II plant expansion and commence mining from Uley Pit 2. In Phase II ore from
Uley Pit 2 will be sourced from the starter pit outlined in the company's Ore
Reserve Statement to a depth of 16m. See weblink below for more information.
www.abnnewswire.net/companies/en/36328/Valence_Industries
About Valence Industries:
Valence Industries Limited (VLQCF) (ASX:VXL) is an industrial manufacturing company
producing high grade flake graphite products for distribution and sale to global
markets. Valence Industries owns established processing facilities and
infrastructure to manufacture a wide range of graphite product lines for
multiple applications and multiple industries. Valence Industries produces and
sells its graphite products from its Uley Graphite facilities in regional South
Australia for delivery to diversified markets for graphite in the Asia Pacific,
Europe and North America.
Source:
Valence Industries
www.valenceindustries.com
Looks like a non-issue now. Buy order for .059 just went thru. Back on-track.
He said that the MM they use does not execute Buy orders when the stock goes below a penny even if your P/S is a penny or more. Not much of a MM. Looks like I will be looking for a new broker!
Tried to buy WFEMF this morning, but broker says they can not put order in to Buy. Anybody else having issues buying WFEMF today?
Next time it dips like that will buy up all I can!
Thank you for the info!
What is up with the share price on 12/24/14? Makes no sense what is being displayed? $.0021/share? Looks like someone got the input wrong on the market price. My L2 shows it should be showing $.057/share.
Thank you. I think you are very correct.