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Re: ShortonCash post# 23528

Friday, 06/02/2017 1:06:14 PM

Friday, June 02, 2017 1:06:14 PM

Post# of 30168
Member of the Board is on the board of the company Neah Purchased Tekion from...another motorola link...

Mostly likely supplied Jeffrey A. May to the company through CeFO his company.... who was on the payroll for the year reports were due at $11,000 per month....CeFO and CleanTech share the same address....

CEFO, Inc
88 Inverness Circle East Suite L107
Englewood, CO, 80112
info@cefo.net
Phone: (720) 506-4105
Fax: (720) 506-4106

Mr. William M. Shenkin, CPA, is Independent Director at Neah Power Systems, Inc., Managing Director & Director at Clean Tech Investors LLC, a Member at The American Institute of Certified Public Accountants and President & Chief Executive Officer at CeFo, Inc.

He is on the Board of Directors at Neah Power Systems, Inc. and Clean Tech Investors LLC.

He received his graduate degree from Florida Atlantic University.

Neah’s solution

Neah Power Systems, through its recent asset acquisition from Clean Tech Investors (Nov 2013), has demonstrated a reformer that allows onsite (point of use) generation of hydrogen using formic acid (HCOOH). This technology is covered by two pending patent applications. Many portable energy sources have distinct differences in energy density, safety, cost and availability as shown in the table below. Formic acid, which is a liquid, is an attractive energy option without the associated safety and handling challenges of compressed hydrogen.



Neah’s technology enables the use of a liquid, safe fuel (formic acid) for grid scale and automotive applications without the associated costs of a dedicated hydrogen generation plant or the safety and handling issues associated with the use of compressed hydrogen, especially for automotive applications. Furthermore, formic acid could leverage the existing gasoline distribution infrastructure for enabling zero emission transportation.

https://www.sec.gov/Archives/edgar/data/1162816/000151316214000364/exhibit99_2.htm

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