XNRGI Inc fka NPWZ

[ShortonCash]

$165,000 in license to the Department of Defense, in India

https://www.indiancompany.info/company/xnrgi-neah-power-systems-india-private-limited/

Now there a XNRGI NEAH POWER SYSTEMS INDIA PRIVATE LIMITED is a Private Company limited by Shares. It is registered with Registrar of Companies, Mumbai on Aug 24, 2017.

Current Status of Xnrgi Neah Power Systems India Private Limited is Active.

Valuation Based on Potential Revenues
If one looks at the above table, the median value multiple for enterprise value to revenues is 4.5. A 3x
multiple in general is not unusual for a risk oriented situation such as Neah Power where scalability
potential is extremely high. With projected revenues for Neah Power of $14.5 million in two years’ time, a
3x multiple would produce a market valuation of $50.7 million

http://consiliumglobalresearch.com/consilium_PDFs/NPWZ_Initiation_9-10-2014.pdf

Tax Loss Carryforwards
Neah Power has over $50 million in tax loss carry-forwards. Given the complicated rules governing tax
loss-carry-forwards and the circumstances by which those accumulated losses can be applied, we would
nonetheless suggest that there is meaningful value in the company’s NOLs should a merger or
acquisition with another company take place. Certainly, if the company’s commercial initiatives gain
traction, these NOLs will be valuable in protecting the company’s cash generation for some time.



DRDO license fee has been discussed in the past to be worth 14 million for India alone..things could change any day.
The second quarter is over.
Our discussions with the DRDO are ongoing, and we expect to schedule a visit in Q2 2016.

BOTHELL, WA – March 16, 2016 – Neah Power Systems, Inc. (OTCBB: NPWZ) (OTC: NPWZ) – today issued the following letter to shareholders:

Business update:

NEAH was invited to participate in the White House briefing on Feb 17. We have had various commercialization and capitalization discussions occur based on the networking at that event. As a direct result of attending the White House conference on Climate Change, we have been invited to attend three USTDA Reverse Trade Missions Focused on Energy Storage. The delegates are senior officials from South Africa, Jordon, Brazil, Colombia, India, the Philippines, Turkey and Vietnam.
I recently visited the United Arab Emirates (UAE) to explore certain licensing relationships to implement manufacturing and other partnership agreements. There is tremendous interest with the entities I met with to develop UAE into a renewable energy focused hub. We continue to explore and to finalize a mutually beneficial business relationship here.
We are in discussions with the Economic Development Authority of State in the USA regarding relocating to that State to enable their focus on renewable energy and battery storage. We expect this to get finalized in Q2 2016.
We continue to make progress on the previously announced MOU with a South Africa entity. We are in almost daily discussions with them, and are targeting an agreement with them by end of Q2 2016. This will provide a key production pathway for meeting our customer needs.
We have been negotiating a licensing agreement with an entity in India for the BuzzBar Suite and the Formira HOD products. India has been identified as one of the fastest growing markets for off-grid power, and this relationship can enable NEAH products to serve this region.
We have been negotiating a Formira HOD licensing with a group in Taiwan for the Greater China Region. Similar to India, the demand for off-grid power is significant, and continuing to grow in this region. This licensee partner is expected to visit us in the near future which will enable us to complete the anticipated transaction.
Our discussions with the DRDO are ongoing, and we expect to schedule a visit in Q2 2016.