How do I invest in FuelPositive?
FuelPositive is traded in Canada on the TSX-V under the trading symbol NHHH.V and in the US is traded on the OTC Pink Sheets under the trading symbol NHHH.F.
You have an incredible opportunity to become a leader of the energy sector and save the planet: would you be able to paint a broad timeline for the commercialization of FuelPositive's Carbon-Free NH3?
We are extremely pleased with our recent announcements, including our partnership with National Compressed Air (NCA) for the build of our Phase 2 commercial prototype system. In Q4 we expect to have a fully functioning system developed and deployed in a demonstration pilot project. For more of our milestones, please visit our Business Model overview.
What is FuelPositive’s business model and what are your plans related to the manufacturing and distribution of your systems?
What is the status of the design/production of the prototype production unit?
Is your technology patent protected?
Yes, all of the relevant intellectual property is assigned to the company. We have a very robust intellectual property protection program in place and have engaged the leading patent and trademarking law firm, Cassels Brock, to support our work. We expect to file for multiple provisional patents over the coming quarters and will press release these developments as appropriate.
What are the terms of the collaboration between the Company and Dr. Dincer and his team?
Dr. Dincer and his team are strategic advisors and lead technologists to the company. They have a vested interest in the successful commercialization of the technology and are collaborating with us daily.
Where does the Company see the FuelPositive Carbon-Free NH3 technology being rolled out first?
Why hasn’t ammonia been used as a fuel in transportation in the past?
Why are small, modular and transportable systems preferable to much larger, centralized ammonia production?
FuelPositive believes that smaller and scalable modular carbon-free ammonia systems will have profoundly positive acceptance around the world. As the necessity to decentralize many inefficient global systems accelerates, (both for the sake of efficiency and for the independent access to commodities like fuel and fertilizer) nothing is more important than feeding the planet in a sustainable manner and to provide an entirely carbon-free means of transportation. We can’t continue to exist on Earth without these key imperatives in place. Smaller systems, designed specifically for end-use applications, will allow farmers, transportation companies, transit commissions and isolated communities, (to name but a few) to have the means of production to meet their direct energy and fertilizer needs. This is a deeply liberating concept that will allow end-users to truly have independence from global systems that have profoundly and negatively affected the global environment and economies for centuries.
What is the likelihood that NH3 will be a viable alternative as a replacement for fossil fuel internal combustion engines?
The conversion of internal combustion engines to run on alternative fuels is a very well established industry and technology. Think of all the propane and natural gas conversions that have taken place over the decades and continue to take place today. The conversion of an internal combustion engine to run on ammonia is very similar and quite well understood in the sector. We are talking to a number of groups who specialize in fossil fuel conversions today and we expect that there will be many low-cost, industry endorsed solutions in the near future.
Can I power my off grid home with carbon-free NH3?
Yes! However at this early development phase FuelPositive is focused on the development of systems that will be suitable for larger operations such as farms, transporation companies or small communities. However, the technology is extremely flexible and we do plan in the future to develop systems in such as way as to ultimately allow for individual end-users to benefit.
Who are your competitors in the Carbon-free NH3 technology field? Why don’t we need to worry about them?
There is a lot of attention on ammonia as a potential fossil fuel replacement with research being conducted around the world. Our competitive advantage in this space is the technology that FuelPositive acquired from Dr. Dincer and his team that has meaninful and demonstrable benefits over any existing process we have seen. For more information on the acqusition and our partnerships that we have undertaken, please visit our News section here
When do you expect to make money?
Over the next couple of quarters we expect that we will enter into a number of licensing agreements that will begin to generate revenue for the company. For information on our Business Model, please click here
Will people as well as corporations be able to have their own C-Free NH3 system installed?
Our intention is to provide systems that meet the needs of individuals, communities and small, medium and large size businesses around the world. Access to FuelPositive solutions should be universal.
How safe is NH3?
With 200 million metric tonnes of NH3 used per year, primiarily in agriculture, the regulations exist for its safe and extensive use. As a fossil fuel replacement, there are a number of studies that have been done to illustrate the safety of ammonia relative to other fuels, for example it has been determined that ammonia is far safer than highly flammable fossil fuels, and more stable than hydrogen.