Last $0.0009 USD
Change Today 0.0001 / 12.50%
Volume 1.0K
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As of 8:10 PM 07/10/14 All times are local (Market data is delayed by at least 15 minutes).

hypower fuel inc (HYPF) Snapshot

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03/26/14 - $0.01
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11/11/13 - $0.0004
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hypower fuel inc (HYPF) Details

Hypower Fuel, Inc., a development stage company, focuses on developing and supplying alternative fuel sources in North America. It specializes in hydrogen production and hydrogen related products. The company developed proprietary technologies to reduce dependence on fossil fuels, as well as to eliminate harmful toxic emissions that threaten environment. Its products include the Hydro Power Pak (HPP), a retrofit hydrogen insertion device for use on tractor trailer rigs, as well as on stationary diesel engines to enhance fuel economy, reduce harmful emissions, and enhance engine performance and horsepower; and Hydrogen Reactor under development to produce hydrogen on board to power a gasoline engine. Hypower Fuel’s product portfolio also consists of an interface control module (ICM) to work in either a stand-alone application with an engine's fuel delivery system or in conjunction with the HPP under programming and testing stage for applications in the trucking industry. ICM’s capabilities include enhanced horsepower rating, monitoring engine operations, data acquisition, and global positioning systems. The company also developed a manufacturing process to produce an organic diesel fuel lubrication additive, Bio-Lube, for enhancing lubricity to protect diesel fuel injectors and pumps; and replacing hydrocarbon two stroke oils to reduce harmful toxic emissions and provide enhanced lubrication. Hypower Fuel, Inc. was incorporated in 1987 and is headquartered in High River, Canada.

Founded in 1987

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hypower fuel inc (HYPF) Key Developments

Alberta Securities Commission Alleges Misleading and Untrue Statements by Hypower Fuel Inc

Alberta Securities Commission staff have issued a Notice of Hearing alleging that Hypower Fuel Inc., Thomas Hochhausen, and Douglas Bender breached Alberta securities laws by making unduly promotional, misleading, or untrue statements in Hypower Fuel news releases. ASC staff also allege that the named parties should have known these statements would reasonably be expected to have a significant effect on the market price or value of Hypower Fuel's securities. The alleged misleading statements were contained in a series of Hypower Fuel news releases issued from February to September 2011 promoting developments at Hypower Fuel, particularly with respect to two acquisition targets. Throughout this time period, Hypower Fuel shares, which were quoted for trading on the over-the-counter pink sheets, increased five-fold from less than one cent to more than five cents a share.


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Price/Earnings 4.0x
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Price/Cash Flow 2.2x
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