BC investors will take advantage of the BC CleanTech Venture Capital Program that returns 30% of the Empire share purchase price with a provincial tax credit. For example, an investment of $100,000 receives $30,000 from the Provincial Government regardless of the investor’s tax bracket.
Canadian investors (including in BC) can contribute their full share purchase to an RRSP and gain up to an additional 45% tax refund from the Federal and Provincial Governments. An investment of $100,000 can return up to $45,000 depending on the individual tax bracket.
Combined tax credits return up to 75% of the cost of investing in Empire Hydrogen shares.
Empire Hydrogen has made full use of Canadian Government IRAP and SRED programs to assist with Research & Development efforts
The short-term market consists of 11 million trucks, buses and generators operating in North America and spending $100,000 each per year on diesel fuel.
Annual financial statments are audited by KPMG.
These shares do not trade on any exchange or market.
Empire Hydrogen is offering seed shares to raise up to $5,000,000 in equity capital. Investors are invited to request the Offering Memorandum for full and complete details.
On Fuel Consumption:
Chris Hutchins, Friesen Bros. Transport – 2002 Kenworth C12
“My Kenworth chip truck is used on a haul that normally uses 420 litres of fuel per day. After the hydrogen injection system was installed, we recorded a reduction of 40 to 50 litres per day with the same driver and the same weight load.”
Glen Burns, Vihar Construction – John Deere 12.5L Generator
“This generator is used 24 hours a day, 6 days a week. We have always monitored the fuel consumption and knew that it burned 78.74 litres per hour. Under the same conditions, the plant now consumes 63.78 litres, saving $13.47 an hour.”
Nick Jawanda, Target Pacific Coast Transport
“I have a 2012 Kenworth ISX Cummins 15L 500 hp fitted with an Empire system in February. My January average mileage was 5.2 mpg. February average mileage was 6.06 mpg.”
On Emissions:
Chris Hutchins, Friesen Bros. Transport – 2002 Kenworth C12
“When I’m following a lot of these big trucks with the dual stacks they’re just creaming out the black smoke, and as you can tell … I get white smoke out of mine, and that’s about it.”
Brian Dearden, Fernhill Freight and Storage
“We have also noticed an increase in time between regen cycles on the system’s emissions unit. It has gone from an average of 300km to 360km, depending on the driving conditions.”
On Horsepower:
Chris Hutchins, Friesen Bros. Transport – 2002 Kenworth C12
“I’m picking up maybe half a gear in power, and it’s definitely running smoother.”
Ron Basi, JenCan Transport – 2003 Kenworth 15 L Cummins
“I only have one driver. He does the same loads; he drives the same route… and he said, “Ron, the truck, it doesn’t seem so rough when I first start it in the morning since I got the Empire system on it.” I said what do you mean? “Well, I can feel it. It doesn’t feel so bumpy when it’s started up.”
Rick Story, Total Delivery
“The most impressive aspect of the system is the increase in power that has been most apparent when driving up steep inclines. With the system, my truck is now capable of maintaining higher speed up hills and is no longer the cause of hold-ups.”
Empire Hydrogen Completes First Fish Farm Installation
Empire Hydrogen Corporate Update
Empire Hydrogen Green Business Award
Empire Hydrogen Installs on Five Container Handlers
Empire Hydrogen Installs on Langtoria Greenline
Empire Hydrogen Installs on Molson-Coors Truck2
Empire Hydrogen Research into Cell Design
Empire Hydrogen Starts Advertising Program
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