Hydrogenetics Inc (HYGN)

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On December 10, 2008, HydroGenetics, Inc.(HYGN) purchased Buffalo Biodiesel, Inc.(BBD) to make it a wholly owned subsidiary of HYGN. The acquisition was for a trade of stock, 200 shares of BBD common shares for 5,736,196 shares of HYGN. It also includes a purchase of 101 preferred shares at 175,000 per share over 24 months . The Company will provide a working capitol al line or credit up to $3,000,000 in exchange of the preferred shares.

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