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![]() [b]ARSC Board Authorizes Spin-Off of Hydra Fuel Cell to Shareholders
4/7/2009 9:30:02 AM - Business Wire HOUSTON, Apr 07, 2009 (BUSINESS WIRE) |
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![]() [b]Subsidiaries
American Hydrogen Corporation | American Hydrogen Corporation holds an exclusive, worldwide license, granted by Ohio University, to commercialize a breakthrough ammonia-to- hydrogen catalytic electrolyzer based on patent-pending technology developed by Dr. G. Botte of Ohio University |
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![]() [b]American Wind Power Corp. offices with American Security Resources in Houston, TX, but will move to the VAWT facility at the closing of that acquisition.
American Wind Power Corporation American Wind Power holds the rights to commercialize a residential scale wind turbine based on the patented Noble Wind Turbine which spins on a vertical axis. AWPC is awaiting the final engineering design to begin production of this highly efficient wind turbine. AWPC has a Letter of Intent to acquire VAWT Manufacturing Inc. of McKinney, Texas. VAWT holds the exclusive North American rights to manufacture the Mag-Wind magnetically levitated vertical axis wind turbine. AWPC intends that VAWT will manufacture the Noble Wind Turbine in addition to the Mag-Wind. American Wind Power Corp. offices with American Security Resources in Houston, TX, but will move to the VAWT facility at the closing of that acquisition. Basic design of AWCP |
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Re: American Security Resources Corp. - ARSC
[b]Re: American Security Resources Corp. - ARSC
-------------------------------------------------------------------------------- Ein Spinn-Off 100% to 100 is perfect, it will maybe come, and than re-loaded in ARSC - Andn than Kaaboommm explosion and we are in Pennyland $$$$ Und Bombe - Kaboom $$$$$$$$$$$$ und schon w |
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![]() [b]The plan approved by the Board calls for a significant investment directly into Hydra before the spin-off. The spin-off will be submitted to the shareholders in a proxy which will describe the transaction and contain the ratio of Hydra shares to ARSC shares for the dividend. The company expects to have the details of the spin-off completed within 60 days. After the spin-off Hydra
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