HOUSTON, TX / March 19, 2014 / Hydrogen Future Corporation (OTCQB: HFCO) today announced the execution of documents with a private funding source for the balance of the funds it requires to begin production startup activities of hydrogen fuel cells. The financing is in the form of a convertible note.
HFCO is required to have secured the financing necessary to begin startup production of fuel cells as a condition to closing the acquisition of Hydra Fuel Cell Corporation. That acquisition will now be complete in the next few days.
Hydrogen Future Corporation is bringing the promise of the Hydrogen Future to market with advanced hydrogen fuel cell technology and other hydrogen technologies that it will develop or acquire.
Safe Harbor Statement
The statements in this release that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.
Frank Neukomm or Bob Farr
SOURCE: Hydrogen Future Corporation
Release ID: 36830