Small Cap Strategist is published by Crystal Equity Research an independent research resource on small capitalization stocks. Follow along as we discuss the most recent trends in the small-cap sector, investigate interesting companies and pan a few not-so-promising stocks.
about for alternatives to burning fossil fuels for energy, hydrogen is a
logical candidate.It is the most
abundant chemical on the planet and the energy density of compressed hydrogen
is about 5.6 milli-joules per liter.This
compares to 32.4 mj/l for gasoline and 4.3 mj/l for a lithium ion battery.That is where the romance ends and the
realities of hydrogen begin.Hydrogen
poses a safety risks, particularly in transportation and distribution.Hydrogen gas leaking into the air may
spontaneously ignite.Extremely low
temperatures will turn it into a liquid, but that represents added cost.Furthermore, the most common production
method for hydrogen is steam reformation of natural gas, which hardly
represents an alternative to fossil fuels.
in our novel renewable energy data base is a very small group of companies
attempting to develop technologies to produce hydrogen using an alternative methods
not dependent upon fossil fuel.Water molecules
are subjected to direct current that leads to a chemical reaction and the
separation of the hydrogen and oxygen elements in water. One of the most recent additions to the group
Hydrogen Electrolysis in the Mothers of Invention Index is HydroPhi Technologies Group, Inc. (HPTG:Nasdaq).
is trying to turn distilled water into a hydrogen-based catalyst for engines
using fossil fuels.The catalyst is
injected into the air intake of the engine to improve fuel efficiency and
thereby reduce greenhouse gas emissions.HydroPhi’s electrolysis system is right on-board the vehicle, thereby
avoiding the thorny transportation dilemmas.The company has planned a demonstration project in Poland for heavy duty
this week HydroPhi received good news from the European Union’s LIFE Program for
environmental protection and water conservation.The program has given preliminary approved a
grant for 577,813 Euros or about US$722,000.HydroPhi needs approximately $1.3 million to complete the demonstration.Success with the project should take HydroPhi
one step closer to commercialization of its hydrogen fuel catalyst system.
is a very early stage company that is still using cash resources to support
development work.In the most recently
reported twelve months, the company used $741,250 to support operations.It only had $111,730 on the balance sheet at
the end of June 2014, revealing the HydroPhi really needs the money from the
grant to carry out the demonstration project in Poland.
trades for just one penny and the market cap of the company is $1.4 million.Investors interested in the potential in
hydrogen could consider the stock as a very inexpensive option on the idea of
making it possible for truckers to drive around with their very own hydrogen
plant under the hood of their truck.Pay-off is probably a couple years down the road (no pun intended).
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of the Small
Cap Strategist web log, Crystal Equity
Research nor its affiliates have a beneficial interest in the companies