Near term company goals,
Hydro Environmental Resources, Inc. proposes to accomplish the following within
the dates of April 15th, 2002 through July 15th, 2002. Approximately 90 days of
full operation in a temporary facility.
HERI should be able to move into a new temporary facility, including phone and
electric service and be prepared for full operation within one week of moving in.
That will include computers up and running with full phone service and internet
capability.
It is anticipated that building of the Electro Chemical Hydrogen Fuel Reactor (ECHFER
4), which is a system with the capacity to furnish Gas, Heat and Electricity, for
a household of 5 or for small industrial usage, should be completed in the above
stated time. This unit will be made of a combination of composites and metal, and
be user friendly. Output will be 20 cu ft of usable hydrogen gas per hour, heating,
cooking, the operation of a fuel cell or electric generater, as well as approximately
5kw of electric power.
HERI shall commence and continue ongoing corporate activity to include, marketing,
pursuing production, demonstrations and presentations of our process and other normal
duties such as shareholder relations and government filings etc.
The purpose for the move to Oregon is to establish a manufacturing facility for
the production or our hydrogen producing systems in a area supportive of new industry,
economically ideal and close to needed resources.
It is also anticipated that during this three month period HERI shall complete
negotiations to design and build ECHFRs capable of replacing existing hydro carbon
systems and receive orders and deposits for same.
HERI further goal is not only to develop models of various sizes of hydrogen reactors
but to also complete work on the formula cartridge. This will require expanding
our manufacturing efforts and hiring more local people in the general area of northern
Oregon
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