Hemiwedge Industries (fka HWEG)

[citizenchin]

HII Technologies files Form 10-12G

http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=7818606

Activities to date

Since May 2011, we have accomplished the following in furtherance of our strategy and development of our business: we have met with industry consultants about current down hole tools that are currently in the marketplace, reviewed our internal information from previous customer discussions and initiated due diligence on specific opportunities.

Plan of Operation

Below is a brief description of our planned activities over the next 12 months:

Months 1 through 3 (August 2011-October 2011)

Finalize data gathering of current down hole tool projects known, summarizing our internal data and historical customer feedback and conclude discussions and due diligence with oilfield inventors and patent attorneys about the inventions that are in need of a commercialization partner.

Months 4 though 6 (November 2011-January 2012

Complete negotiations and execute agreements, if successful, finalize the design and complete a development plan for the down hole tools or other green energy technologies under consideration. Conclude budgeting and costs for development plan and align applicable suppliers and outside consultants.

Months 7 though 9 (February 2012-April 2012)

Manage the outside manufacturing of several prototypes for the purposes of validating design and concepts.

Months 10 thought 12 (May 2012-July 2012)

Continue development of the technology, complete the search for strategic company partnering deals once proof of concept is finalized and the working prototype demonstrated.