HyPower Fuel Inc. Board of Directors Schedule Meeting to Discuss Forward Split
27 Septiembre 2006 - 7:30AM
Business Wire
HyPower Fuel Inc. (HYPF: OTCPK) announced today that the Company
will be convening a special meeting of the Board of Directors to
discuss a possible forward stock split. Due to the huge demand for
HYPF shares and a limited public float, HyPower Fuel will be
meeting with its advisory counsel to discuss the possibility of
forward-splitting the common stock. �In light of the initial demand
of our common stock, we feel that a forward stock split might be
warranted to enhance shareholder value,� states Mr. Doug Bender,
President of HyPower Fuel Inc. About HyPower Fuel Inc. HyPower Fuel
Inc. is a category leading company in the energy technology sector,
focusing on providing innovative alternative energy through
hydrogen production and hydrogen related products. HyPower has
successfully commercialized the integration of hydrogen production
and hydrogen insertion technologies using electrolysis to improve
the overall performance and efficiency of the internal combustion
engine while burning gasoline, diesel, natural gas, liquid propane,
ethanol, methanol or a combination of fossil fuels and biofuels.
HyPower�s signature product, the Hydro Power Pak (HPP), has
demonstrated a significant impact on the performance of engines
while at the same time increasing fuel economy, significantly
reducing harmful emissions, inducing a cleaner more efficient burn
and increasing torque and horsepower. The HPP results in greater
productivity, less carbon residue and sludge build-up and overall
increased operating efficiency. For more information please visit:
www.hypowerfuel.com Safe Harbor Statement Statements about the
Company�s future expectations and all other statements in this
press release other than historical facts, are �forward looking
statements� within the meaning of Section 27A of the Securities Act
of 1933, Section 21E of the Securities Exchange Act of 1934, and as
that term is defined in the Private Securities Legislation Reform
Act of 1995. The Company intends that such forward looking
statements be subject to the safe harbors created thereby. The
above information contains information relating to the Company that
is based on the beliefs of the Company and/or its management as
well as assumptions made by and information currently available to
the Company that is or its management. When used in this document,
the words �anticipate,� �estimate,� �expect,� �intend,� �plans,�
�projects,� and similar expressions, as they relate to the Company
or its management, are intended to identify forward-looking
statements. Such statements reflect the current view of the Company
regarding future events and are subject to certain risks,
uncertainties and assumptions, including the risks and
uncertainties noted. Should one or more of these risks or
uncertainties materialize, or should underlying assumptions prove
to be incorrect, actual results may vary materially from those
described herein as anticipated, believed, estimated, expected,
intended or projected. In each instance, forward looking
information should be considered in light of the accompanying
meaningful cautionary statements herein. Factors that could cause
results to differ include, but are not limited to, successful
performance of internal plans, the impact of competitive services
and pricing and general economic risks and uncertainties. HyPower
Fuel Inc. (HYPF: OTCPK) announced today that the Company will be
convening a special meeting of the Board of Directors to discuss a
possible forward stock split. Due to the huge demand for HYPF
shares and a limited public float, HyPower Fuel will be meeting
with its advisory counsel to discuss the possibility of
forward-splitting the common stock. "In light of the initial demand
of our common stock, we feel that a forward stock split might be
warranted to enhance shareholder value," states Mr. Doug Bender,
President of HyPower Fuel Inc. About HyPower Fuel Inc. HyPower Fuel
Inc. is a category leading company in the energy technology sector,
focusing on providing innovative alternative energy through
hydrogen production and hydrogen related products. HyPower has
successfully commercialized the integration of hydrogen production
and hydrogen insertion technologies using electrolysis to improve
the overall performance and efficiency of the internal combustion
engine while burning gasoline, diesel, natural gas, liquid propane,
ethanol, methanol or a combination of fossil fuels and biofuels.
HyPower's signature product, the Hydro Power Pak (HPP), has
demonstrated a significant impact on the performance of engines
while at the same time increasing fuel economy, significantly
reducing harmful emissions, inducing a cleaner more efficient burn
and increasing torque and horsepower. The HPP results in greater
productivity, less carbon residue and sludge build-up and overall
increased operating efficiency. For more information please visit:
www.hypowerfuel.com Safe Harbor Statement Statements about the
Company's future expectations and all other statements in this
press release other than historical facts, are "forward looking
statements" within the meaning of Section 27A of the Securities Act
of 1933, Section 21E of the Securities Exchange Act of 1934, and as
that term is defined in the Private Securities Legislation Reform
Act of 1995. The Company intends that such forward looking
statements be subject to the safe harbors created thereby. The
above information contains information relating to the Company that
is based on the beliefs of the Company and/or its management as
well as assumptions made by and information currently available to
the Company that is or its management. When used in this document,
the words "anticipate," "estimate," "expect," "intend," "plans,"
"projects," and similar expressions, as they relate to the Company
or its management, are intended to identify forward-looking
statements. Such statements reflect the current view of the Company
regarding future events and are subject to certain risks,
uncertainties and assumptions, including the risks and
uncertainties noted. Should one or more of these risks or
uncertainties materialize, or should underlying assumptions prove
to be incorrect, actual results may vary materially from those
described herein as anticipated, believed, estimated, expected,
intended or projected. In each instance, forward looking
information should be considered in light of the accompanying
meaningful cautionary statements herein. Factors that could cause
results to differ include, but are not limited to, successful
performance of internal plans, the impact of competitive services
and pricing and general economic risks and uncertainties.
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