Hydrogen Engine Center Inc (HYEG) 0.2650 $HYEG
Post# of 273250
Posted On: 08/16/2016 7:10:12 PM
Hydrogen Engine Center Inc (HYEG) 0.2650 $HYEG
HEC-TINA/Off Grid Agreement Adjusted
BusinessWire - Fri Jul 29, 3:00PM CDT
Hydrogen Engine Center Inc., a Nevada corporation, (OTC PK:HYEG) announced today it has received notification from Off Grid Sdn. Bhd. that the initial payment of $3 Million due on or before July 31, 2016, under the Common Stock Purchase Agreement will be delayed. Off Grid affirmed in the notice that the full $24 Million purchase price will be paid in full by the end of September or earlier in multiple transactions as expediently executed on a priority basis. HYEG shares will be issued as payments are made. The Technology License Agreement anticipated under the Common Stock Purchase Agreement will not be effective until payment of the full cash purchase price is received.
HEC Completes Finance Related to TINA Acquisition
BusinessWire - Mon May 16, 3:31PM CDT
Hydrogen Engine Center, Inc. (HEC) (OTC PK:HYEG) announced today that it had completed another phase of financing with TINA Energy Systems (TINA). Effective April 5, 2016, HEC has issued 2,930,232 shares to TINA upon TINA's cashless exercise of a Warrant to purchase up to 7 million shares at $0.15 per share. As of the same date, 4,069,768 additional shares were issued to TINA at $0.15 per share in a transaction approved by the Board of Directors in order to obtain much needed cash for operations and to recognize the significant contributions of TINA and its founder Pedro Blach to the company in the form of assets and services.
HEC Finalizes Agreement with TINA Energy Systems
BusinessWire - Tue Feb 03, 12:38PM CST
Ted Hollinger, President and CEO of "Hydrogen Engine Center"[HEC], has announced that an agreement between HEC and TINA Energy Systems, S.L., a Spanish Sociedad Limitada, ("TINA"
was finalized on January 27, 2015. Mr. Hollinger believes this agreement represents a major step forward for HEC.
Hydrogen Engine Center Acquires TINA Energy Systems
BusinessWire - Thu Nov 06, 3:42PM CST
Hydrogen Engine Center, Inc. ("HEC" (OTCBB: HYEG.PK), (http://www.hydrogenenginecenter.com) announced today that they have entered into an agreement of terms for the acquisition of assets of TINA Technologies http://tina-systems.com/en/, with the goal of producing the world's first fully integrated "renewable hydrogen-energy system" designed for 24/7 global electrical production. After successful product testing and closing the transaction, the companies believe they are poised to move forward with production and distribution of integrated modular units, under the name "HEC-TINA," beginning Q1 2015. These units will include Multi-fuel Internal Combustion Generators, manufactured by HEC at its Iowa-based facility. The energy module systems will be built in a leased 30,000 square foot facility in Greeneville, Tennessee. Definitive documents are being finalized and HEC expects the transaction to close on or about December 31, 2014.
HEC-TINA/Off Grid Agreement Adjusted
BusinessWire - Fri Jul 29, 3:00PM CDT
Hydrogen Engine Center Inc., a Nevada corporation, (OTC PK:HYEG) announced today it has received notification from Off Grid Sdn. Bhd. that the initial payment of $3 Million due on or before July 31, 2016, under the Common Stock Purchase Agreement will be delayed. Off Grid affirmed in the notice that the full $24 Million purchase price will be paid in full by the end of September or earlier in multiple transactions as expediently executed on a priority basis. HYEG shares will be issued as payments are made. The Technology License Agreement anticipated under the Common Stock Purchase Agreement will not be effective until payment of the full cash purchase price is received.
HEC Completes Finance Related to TINA Acquisition
BusinessWire - Mon May 16, 3:31PM CDT
Hydrogen Engine Center, Inc. (HEC) (OTC PK:HYEG) announced today that it had completed another phase of financing with TINA Energy Systems (TINA). Effective April 5, 2016, HEC has issued 2,930,232 shares to TINA upon TINA's cashless exercise of a Warrant to purchase up to 7 million shares at $0.15 per share. As of the same date, 4,069,768 additional shares were issued to TINA at $0.15 per share in a transaction approved by the Board of Directors in order to obtain much needed cash for operations and to recognize the significant contributions of TINA and its founder Pedro Blach to the company in the form of assets and services.
HEC Finalizes Agreement with TINA Energy Systems
BusinessWire - Tue Feb 03, 12:38PM CST
Ted Hollinger, President and CEO of "Hydrogen Engine Center"[HEC], has announced that an agreement between HEC and TINA Energy Systems, S.L., a Spanish Sociedad Limitada, ("TINA"
was finalized on January 27, 2015. Mr. Hollinger believes this agreement represents a major step forward for HEC. Hydrogen Engine Center Acquires TINA Energy Systems
BusinessWire - Thu Nov 06, 3:42PM CST
Hydrogen Engine Center, Inc. ("HEC"
(OTCBB: HYEG.PK), (http://www.hydrogenenginecenter.com) announced today that they have entered into an agreement of terms for the acquisition of assets of TINA Technologies http://tina-systems.com/en/, with the goal of producing the world's first fully integrated "renewable hydrogen-energy system" designed for 24/7 global electrical production. After successful product testing and closing the transaction, the companies believe they are poised to move forward with production and distribution of integrated modular units, under the name "HEC-TINA," beginning Q1 2015. These units will include Multi-fuel Internal Combustion Generators, manufactured by HEC at its Iowa-based facility. The energy module systems will be built in a leased 30,000 square foot facility in Greeneville, Tennessee. Definitive documents are being finalized and HEC expects the transaction to close on or about December 31, 2014. 
(0)
(0)Scroll down for more posts ▼