A penny stock with a real product, and not bad financials. With all of the energy talk, this one is due to pop.
Hydrogen Hybrid Technologies Inc. (HHT), a publicly traded company (NASDAQ, HYHY:OTCBB) has obtained exclusive world-wide rights to sell the Hydrogen Fuel Injection (HFI) technology to Original Equipment Manufacturers (OEM), as well as a non-exclusive right to sell the HFI technology into world-wide after-market segments. HHT was formed over two years ago, and has recently been converted into a public vehicle. HFI is proprietary technology developed by Canadian Hydrogen Energy Company (CHEC).
HHT's primary focus will be the integration of the HFI technology directly into the OEM engineering cycle. By developing trial data on specific applications and then working with each engine manufacturer to integrate HFI into the engine design, HHT will maximize the potential benefits - reduced fuel consumption and lower harmful emissions - of supplementing existing fossil fuels with the addition of fractional amounts of hydrogen. What Dolby™ is to sound quality, so HFI will be to combustion efficiency. HHT revenues will be derived both from sales of hardware as well as from licensing the technology to the OEM's.
CHEC, based in Bowmanville, Ontario, is a privately held Canadian corporation that specializes in the development of on-demand hydrogen-generating technology designed to increase the efficiency of virtually any combustion process. The technology is based on a patented Hydrogen Fuel Injection (HFI) system, in which hydrogen and oxygen are generated on demand via electrolysis and then introduced into the combustion process. CHEC was formed to further the product development initially commenced by Bill Ross in 1979. Mr. Ross has spent almost 30 years developing an electrolyser that is reliable, thermodynamically efficient, and capable of operating in all weather conditions. CHEC brought a level of specialty expertise in areas such as software development, production engineering, and fundraising that was able to take the basic product and make it the world-leading technology it is today.
The technology is based on a patented Hydrogen Fuel Injection (HFI) system, in which hydrogen and oxygen are generated on demand via electrolysis and then introduced into the combustion process. The HFI system draws electrical power, 12V or 110V, and splits distilled water to produce hydrogen and oxygen and then, both gases, are then injected directly into the air intake of the engine. In the engine, the hydrogen acts to alter the combustion profile of the fossil fuel such that the chemical energy is released at a more auspicious point in the power cycle resulting in greater adiabatic efficiency and lower emissions. By converting more chemical energy into mechanical energy, the engine operator is able to reduce fuel consumption and dramatically lower exhaust emissions (CO, PM, HC, NOx). Unique amongst all hydrogen technologies, HFI is commercially viable today.
-------------------- You can't argue with idiots, they drag you down to their level and beat you with experience.
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