Replies to post #7 on LETTER OF INTENT (LOI)

[SPARK]

CSTC..more amazing info on the company that's planned to go into the shell...

HydroGenLLC is an Ohio-based manufacturer of multi-megawatt fuel cell systems utilizing the company's proprietary 400 kilowatt (kW) phosphoric acid fuel cell (PAFC) technology. THE TECHNOLOGY WAS DEVELOPED BY THE WESTINGHOUSE CORPORATION WITH OVER $160MM OF PUBLIC AND PRIVATE INVESTMENT TO DATE. HydroGen is positioning itself to compete in the growing distributed generation market, by offering complete fuel cell systems at prices competitive with incumbent generating technologies in the 6-30 megawatt (MW) range, and significantly lower than other fuel cell technologies in this class. The HydroGen strategy is to utilize our robust stack technology in larger fuel cell systems, taking advantage of the economies-of-scale of existing hydrogen plant technology and opportunities associated with existing hydrogen infrastructure.

HydroGen's mission is to become the leading provider of industrial and utility scale fuel cell systems (6-30 MW), diversify the commercial fuel cell industry, and accelerate the movement toward a sustainable and secure energy future. The company is led by a team of experienced individuals with backgrounds at companies that include NUON (the largest electric, gas, water and telecom utility company in theNetherlands), Shell Oil Company, Westinghouse, Kinetics Technology International, and Merrill Lynch.