Gecko and others,
How long have you been following HYSR? If you have been following well you would have noticed that HYSR intends on licensing their tech. A few million inflow would push their pps a few dimes. Perhaps more due to buyout potential and hype, well deserved hype in my opinion but hype non-the-less. With increasing cash year to year and more licensing contracts I can see this company getting on a solid footing and perhaps start buying back shares to increase the price more to qualify for up-lisiting to a senior exchange. Or on commercial breakthrough, reverse split to qualify and enter the big leagues and entice deeper pockets.
As far as there only being, one employee, CEO, which may be technically correct, is not effectively correct. There are many researchers that participate. I wouldn't be surprised that the vast amount of shares are used to pay these people. A lot of this work is also done in conjunction with UCSB and UOI. Grant(s) and shared facilities and researchers go hand in hand. HYSR and SLTD have lots in common, they even shared the same researchers and they just made it to NASDAQ. There are a few other companies in the pipeline with UCSB.
If things look weird to you, that's understandable. Few understand how startups that team up with universities behave. Its like a pseudo private/public/covert entity that has odd filings, disclosures, bedfellows, lectures, team ups... just strange.
I'm long and because I have my fill of shares my personal sentiment is hold. However, I think the low 2 cents is a very good entry for those who want a piece of what could be a massive paradigm shift in energy.
it appeared at first it was just the single startup person messing around with an idea in his garage. Then he was able to go public and issue millions of shares. I don't know what he got from the IPO. But now it appears that he has science and engineering students at two major universities developing this for him in the R&D labs. When they hit the so called magic 1.5v, and lower the cost, what happens? surely the university gets credit and reimbursed somehow!
that's what i'm talking about, how would we know if they are recallable or not? with them being a public corporation, this info is public, but I don't know how to find their article of incorporation. I'll try googling and see what I can find.
It would all depend if the common shares are recallable in the articles of incorporation. If they aren't then, there should not be any worry.
the ONLY way they make any money is if they are bought out. they have zero financial resources to develop and sell their product as a typical solar company would. perhaps a solar company would buy them out to use the technology and actually lower their cost to produce a given WATT need. The hope is really for a buyout of their patents. hysr has no infrastructure.
You would think, after reading the latest story about the university of Iowa coming up with the low cost means process to make the solar cell, and the other stories that we have read, that HYSR is about to come out with a workable process that can change the world of renewable energy. You would also think some large company would buy them and their technology, now before someone else does. But what happens then? I have seen when a penny stock company gets bought up, the common shares are worthless, only holders of the preferred shares are paid. Have you seen the same? Also, this thing is now valued at over 11 1/2 million dollars!! Yes, 11.5 mil, (495,000,000 shares x $.0245/sh) and they make nothing! To jump to a measley $1/share would put this thing valued at 495 mil, or just under half a billion! Some people are posting about waking up to see this at $200?? That would put this company valued at over 100 billion dollars. So the $200/share aint happening. I'm wondering about the $1, again thats about 500 million. GE or some other big company could develop this product for a lot lower than that. Plus, if this does get bought out, what assurance do we have that common shares do not become worthless and only preferred get the increase?
It's even right there in the bold-print title: HYPERSOLAR ANNOUNCES BREAKTHROUGH IN LOW COST FABRICATION OF WATER SPLITTING HYDROGEN PARTICLES
Please re-read the press release. They are not talking about panels. They are talking about self-contained hydrogen generator particles, as before. Thus is a manufacturing breakthrough.
I agree, it doesn't matter for that reason and the fact that they are probably spending most of their time in labs doing R&D at the universities they are partnered with.
My business partner and I started our company out of his garage 12 years ago with 40k in yearly revenue. This year (now in a 25,000 FT. facility) we will hit 12 million in rev. It makes no difference how you start, its how you finish that counts. I don't care if they live in a box under a bridge, if they pull off what they are aiming for then, the sky's the limit.
Sentiment: Strong Buy
I agree. their quote "the particles we created did not have enough voltage to split water at a commercially acceptable level...". So this sounds like they are abandoning their original goal and are just trying to make something else now. This will lower the cost of producing solar energy possibly in the future so that other solar companies will have more difficult time competing.
Also, environmentally this may be less damage to the environment than the by-products of other solar cell producers? Don't know because it really doesn't say much. Nevertheless at 2 cents/share, it is just too little information here. But it is still a small investment for me for a shot at something big.