Fusion Fuel Green PLC (HTOO) 銘柄情報

Short squeeze $$$

$HTOO +31.46% We're pleased to share our latest HTOO Investor Presentation! You can find it on our website or access it directly here: https://fusion-fuel.izigo.pt. Thank you for your continued support. $QIND

Fusion Investor Presentation Filed with SEC: https://www.sec.gov/Archives/edgar/data/1819794/000121390024108062/ea022455101ex99-1_fusion.htm

HTOO Website Running , https://www.fusion-fuel.eu

Ok... so... this is interesting. Is it just me who can't access Fusion Fuel website anymore? (not the whole website, but at least all the sec filings, press releases and events). Now you can't even access those sec files with any of the links I posted. How convenient. Anyway, I guess they can shut down their website, but they can't block the access to those files from the SEC website:
https://www.sec.gov/edgar/search/#/ciks=0001819794&entityName=Fusion%2520Fuel%2520Green%2520PLC%2520(HTOO%252C%2520HTOOW)%2520(CIK%25200001819794)
(I'm not going to check one by one again, but all documents should be there, and they should all be some of the last uploaded ones)

I know you are just going to ignore everything and will just insult me or call me basher. But I'll write this anyway, for whoever is actually interested.

First, stop lying. When someone lies clearly and knowingly, it is obvious that their intentions are not honest. I came here recently? I first commented on this board on 16/02/2024 (post 335), way before you, who first commented 2 DAYS AGO (14/12/2024). I would guess that you just bought HTOO last week after the big jump to 0.70+... right? When I wrote here back in February, I was more positive about this stock (which had owned for over 2 years), but if things get cloudy, then there is no point in pretending they are not, unless you are trying to manipulate others.

You keep replying to my comments, but not saying absolutely anything. For third or forth time:
- Any comments about the issuing of almost 50 million new shares to a total of over 64 million (a few weeks ago, HTOO had only 17 million shares), and one entity/company owning all these new shares (owning 70% of HTOO after a dilution of 4 to 1)? (https://ir.fusion-fuel.eu/node/8491/html, uunder "Stock Purchase Agreement")
- Any comments about HTOO having just over 5 million dollars in equity (they had 3 million in their last report). They only got 2 million dollar in equity even after issuing 50 million new shares? (https://ir.fusion-fuel.eu/static-files/b752a3b6-1f32-4b47-9c39-8a8bd539756d) last paragraph of Slide 9
- Any comments about HTOO reporting 3 million equity in Q1, even though they raised over 6 million dollars in February by issuing another 2 million new shares? (https://ir.fusion-fuel.eu/node/8246/html#exh_991.htm) under "Financial Update"
- Any comments about the filing for insolvency in their main subsidiary (Portugual)? (https://ir.fusion-fuel.eu/news-releases/news-release-details/fusion-fuel-issues-damages-claim-against-hydrogenial-sa-failure)


I know you are going to ignore all these questions out of convenience, and that you will go straight to call me a liar or some BS like that (even though I'm copying link for everything I mention)... but hey, I'm making one last attempt to obtain some actual information from someone who keeps trying to PUMP this... Anything that you reply will be good.
-If you actually give some useful information, then we will all win.
-If you reply crap and word salad (as chumfm said) for a 5th or 6th time, then at least everybody else will confirm again your intentions to manipulate and pump this.

In the meantime this keeps going down. Hopefully I'm wrong about this, but there are too many red flags that HTOO keep avoiding to address. They didn't even do a Q&A this year (wonder why...).

Good luck to all.

PS I replied with your statement; that you don't know anything about the fusion technology. Thats something. Dont reply back, ill be blocking you soon; your a basher who recently came onto IV HUB.

Ends will justify the means. Learn why the compzny are making acquisitions; with more targets in the pipeline. Hydrogen comes from crude, electricity comes from hydrogen,''

Please already..

You lost your mind, keep bashing.

Wow, so you did indeed respond with nothing again apart from "Fusion and this acquisition have Synergy!! I know a lot about Fusion, I guarantee!!".

I think it's clear it is not your intention here anyway, but there is no point to read/write on a board about a company if you only want to read nice things about it, even if they are not true or are just made up. I am just trying to actually "discuss" about the company and their current situation, but I guess you have nothing to say about it, so you just keep repeating "Fusion is good, because Hydrogen is gooood!". Anyway, I'm just highlighting some "red flags" that Fusion seem to be hiding or avoiding to address (all with link to their source from Fusion themselves) that are quite clear and that anybody who can read a few lines can see. If you can't address any of them either, then no point in replying.

Anyway, for anybody else, be careful with you investments and good luck to all.

Those were your points; your opinion on numbers*. On another Post of yours, you stated you are still confused what the company does; so it's your opinion.

Again, I don't know much about all these issues and finance and blabla, so I might be (probably am) wrong, so I would love some thoughts here. I'm not trying to deramp anything here, but just trying to understand all this. And I DO NOT OWN the stock rightnow, although I have held it until very recently and for a very long time, so I'm still just curious about it. I have set a small buy order under 0.1 dollar/share (for "gambling")."


You are missing the synergies with the latest acquisition. There will be many more acquisition to sustain said Growth.,

I can Guarantee I know more about Fusion on a scalable level than you.,. It's already in fruition with other companies, JV's and so. HTOO is setting itself up for exponential growth. I'm not giving advice, I'm stating what I know.

NO ONE TAKE MY WORD. CONDUCT YOUR OWN DUE DILIGENCE, MAKE YOUR OWN MIND UP. OR SPEAK TO A PROFESSIONAL ADVISOR!!

UK, does that mean you're considering getting back in? If/when you get a chance to review what has been released to date, please let me know what you think of their prospects now, and if it's a good investment at these levels.

OMG, again, you have said absolutely anything. I have literally numbered a few issues, and copied the link to the source. You, as predicted, did say NOTHING AT ALL about Fusion or their situation, but just repeated "Hydrogen is the Future!! And you know nothing, John Snow!!".

I agree about Hydrogen been the future, that's why I started following this company YEARS AGO. But Hydrogen been the future, and Fusion being successful are two very different things. It could happen, but there are no signs or clues to think it would be like that, at least at the moment.

By now, I know it's a waste of time to try to ask you to actually say anything other than completely empty and generic words, as you seem more and more like a bot... But please, again, RESONDE TO AT LEAST ONE OF THE 7 POINTS THAT I HIGHLIGHTED (except 3rd one, which I can already imagine your answer... "uh uh, ILUS is good! QIND and MAK are beautiful, cash flow, hydrogen to electricity!").

If you reply for a 4th time just to talk rubbish and to repeat random statements like "Hydrogen is good!" or "You don't know the technology, Hydrogen to electricity!", you will be confirming what it's already obvious by now, and this is that you are either a bot, a bagholder who can't take a loss or maybe even an insider of the company.

Very accurate analysis. Thank you

No word salad here.I have read the transcripts and know the players.It is all been said before,always more in the future.It's like free beer tomorrow.Tomorrow never comes.I hope you the best,but with the new administration coming in,I don't see growth here.Many other industries will be going gang busters in the coming months and years.Good luck and good trading.

Don't hope. Listen to the Marks I posted. You don't know the technology. Electricity comes from HYDROGEN. Post your opinion misleading information. The Acquisition meets Nasdaq Requirements.

Whoever wants to take your advice so beit.

Those that know the industry understands why this acquisition was Made.

Any shares that will be converted will be at a higher PPS giving more value.

Your reply rhetoric shows your personal objectives.

You know the Function of the Electrolyzer's.. HYDROGEN TO ELECTRICITY

POSITIVE CASH FLOW; Wait for the Consolidated Financials.

UTILITY MARKETS MAKING A DRAMATIC CHANGE; Electricity from hydrogen Cost a FRACTION OF WHAT CONSUMERS ARE PAYING TODAY.

YOU DISAGREE. OTHER SHOULD CONDUCT THEIR DD. IMO ONCE THIS STOCK BREAKS; THE PPS WILL NEVER BE SEEN THIS LOW AGAIN.

$HTOO Form 6-K with Investor Presentation filed: https://sec.gov/Archives/edgar/data/1819794/000121390024108062/ea0224551-6k_fusion.htm

With all due respects, I was hoping for some proper reply, and not one from someone who clearly wants to pump the stock like a bot. First of all, don't lie. They ARE NOT COMPLIANT with Nasdaq requirements. They say they have 5 million in equity, and that's why they are asking to be transferred to Nasdaq Capital Market, where requirement is just 2.5million. "HTOO management submitted a plan to regain compliance, including a request to transfer its listing to The Nasdaq Capital Market"

Again, I don't own the stock right now, so I don't care if it goes up or down. I'm trying to talk about this from a "neutral" point of view, without any special intention to ramp or deramp it, unlike what it seems you are doing by attacking me because you probably don't like that I am asking. You could have answered to any of the questions/doubts that I mentioned, but instead of that, you just came to call me a liar and to not answer anything. Again, unlike you, I have literally said and linked all the reports where I have got all the details I mentioned.

You have actually not reply to one single question or issue that I mentioned. Literally none. Cero. Just came to attack me because you don't like what I'm asking/saying.

1. Stock soon to be diluted from 17 million to 65 million outstanding shares (1 to 4 dilution)
2. No cash/equity involved in in exchange for this newly issued 40+ million shares (at least they haven't said anything about this). The only vague information is what I mentioned before from : "Based on the above unaudited pro-forma financials, HTOO believes that the stockholders’ equity exceeds the $5 million stockholders’ equitythreshold for transferring its shares to The Nasdaq Capital Market ", from which we could guess maybe around 2 million dollars somewhere/somewhen.
3. Several small companies involved with hardly any track or any information about them (MAK, BrightHy, HTOO, QIND, ILUS, etc)
4. Fusion has been announcing several new projects in every single Quaterly Earnings Call for the last 3 years, but only a ridicule 100Kw and another 300Kw project went ahead.

I add more (that I mentioned in previous posts)
5. In February, Fusion issued 2 million new shares for 3dollar/share, and raised 6 million dollars. This 6 million dollar were NEVER REFLECTED ANYWHERE in their next earnings calls. Not in equity, cash, revenue, nowhere... Those 6 million dollars raised just banished.
(https://ir.fusion-fuel.eu/news-releases/news-release-details/fusion-fuel-green-hosts-fourth-quarter-2023-investor-update)
6. What is happening with the insolvency file? Fusion filed for INSOLVENCY a while ago for their business in PORTUGAL!!! THEIR MAIN BUSINESS. No updates.
7. No mention of HEVO at any point in their presentation. I assume they are throwing away that tech... which was literally their only business, after they dumped Hevo Solar one year ago.
7. Fusion said they would be profitable and would break even by mid 2025 about a year ago, and also that they would have 34 million dollar earnings in 2024. And this numbers had already being reduced over and over in every Quaterly Call. Now we have no earnings in 2024, and they just said they expect profits for 2026.

Any thoughts about any of these points? I would have asked them about his in this earnings call Q&A... but Oh! How convenient, they haven't done anything Live like they used to do, so no chances of asking anything.

And PLEASE, don't reply if you are actually not going to say absolutely anything. If your thesis is "it will go up up up, because I want it to go up up up, and all is good and nice!", save your time. I really want some information and some discussion here, not just some hopes and wishes.


Again, if you are going to reply, please say something or give some information, and not only empty sentences like "Ey, Hydrogen is the Future, so BUY HTOO!" or "Don't post if you don't know the technology!" or "They are doing great things, like Strategic Synergies" (??). I mean it. PLEASE, ANSWER TO ALL THOSE BULLET POINTS with all your knowledge. PLEASE, prove me wrong. That's why I'm posting for.

Good luck to all

NOT JUST Exchanging Shares. These are Strategic Synergies; are you even listening, or know the technology. There will be more gas companies acquired.

The Hydrogen will Lead to Electricity $$

Stop the Word Salad Please.

Do your Due Diligence Before Posting.

https://fusion-fuel.izigo.pt/

Listen to 4:40 Minute mark.
Listen to 10:00 to 12:00 Minute Mark

The carrots are always present with these companies.The proof is in the pudding.You can do all the transactions you want,but you need to increase shareholder value to be successful.All these companies are just exchanging shares and diluting more,at shareholders expense.The balance sheets show that they are not cash positive.There is no real return to the shareholders.The only people making money are the insiders,through these transactions.It's your money,do as you will.Good luck and good trading.

Twisting. HZTOO QIND are Consolidating financials and are NOW Nasdaq Compliant!! NOW. Revenue, Net Revenue Coupled with Equipment.

Your not familiar with the Technology. or why HTOO Acquired QIND *. To get to the Hydrogen, it begins with GAS, CRUDE. Their are more Acquisitions HTOO are Targeting.

Dont give your calculations ; the CFO Stated, CEO Stated they are as of Today NASDAQ Compliant. There will be more revenue, and Synergy Acquisitions.

SO PLEASE, Dont MISINFORM!

They are following the acquisition Nasdaq Compliant. Listen Again.

Another important (I think) issue... The presentation still states the intentions of Fusion Fuel to be transferred to Nasdaq Capital Market as they are not expecting to obtain more than 10 million equity as required. In fact, they mention that they hope to obtain 5million equity (Slide 9)... 5 Million!

In their last report they said they had over 3 million... so after all this massive dilution and issuing of shares, Fusion will have more than 3x the number of current shares (70 magically owned by some mysterious entity), but they will get not even 2 million dollar in return...

Again, I would appreciate any thoughts or experienced opinions. I’m really wonder if I’m seeing this the wrong way. If everything is indeed legit, it feels like I’m understanding less and less every day.

Regarding my comment from last night, just a correction with the new info from the presentation: I calculated everything counting with 63 million shares after all dilutions and issuing of new shares... but from the Slide 10 of the power point, I see that there will be actually around 65 million, which means even more dilution than expected.

The "adquisition" of QIND already happened, but the issuing and conversion of those over 42 million new shares will happen sometime soon, and these "new owners" will just own 70% of Fusion Fuel just because, without any apparent cash involved.

Also... BrightHy??? Where does this new company come from? What is this? Again another mysterious company with very little information in the game?
MAK, Ilustrato, BrightHy, Quality Industrial, Al Shola, Fusion Fuel...

I see some slides talking mentioning so many "projects", but not many things in actual development... It remind me to the million amazing projects that Fusion Fuel has been announcing in every single Earnings Call for the last 3 years which none got to be actually executed.

Again, I don't know much about all these issues and finance and blabla, so I might be (probably am) wrong, so I would love some thoughts here. I'm not trying to deramp anything here, but just trying to understand all this. And I DO NOT OWN the stock rightnow, although I have held it until very recently and for a very long time, so I'm still just curious about it. I have set a small buy order under 0.1 dollar/share (for "gambling").

Do your own research and good luck to all



Link for PDF presentation:
https://ir.fusion-fuel.eu/static-files/b752a3b6-1f32-4b47-9c39-8a8bd539756d
Link for Video presentation:
https://fusion-fuel.izigo.pt/

Wheres the link to listen in ?

well spotted WTM. got to really listen to them as well as essentially they are a new company now

presentation is here:
https://ir.fusion-fuel.eu/static-files/b752a3b6-1f32-4b47-9c39-8a8bd539756d

Link to Investor Presentation https://ir.fusion-fuel.eu/static-files/b752a3b6-1f32-4b47-9c39-8a8bd539756d

Apparently video released at 9 am while webinar starts at 9:30 am ET (Source https://ir.fusion-fuel.eu/news-releases/news-release-details/fusion-fuel-release-investor-update-presentation-december-12).

Reminder Fusion Fuel to Release an Investor Update Presentation on December 12, 2024 this morning at 9 am ET. Link to webcast fusion-fuel.izigo.pt/

The numbers I had in mind after all the issuing shares, dilutions and convertible shares (4.1 million convertible to 41 million shares) are actually similar to those from chumfm. After the convertible are executed, Fusion will have around 63 million outstanding shares (current 18 million + 4 million + 41 million [4.1 million convertible 10 to 1]). After all that dilution of 3.5 to 1, Quality Industrial (the company Fusion supposedly just bought) will own over 70% of the company (and we don't even know if Fusion or current shareholders get any cash in return). From that 3.5 dilution, considering the 0.33ish share price from last week before the HUGE bump, it gets me to 0.1 cents share price too.

I haven't done any intensive research about the other companies, as the information is "weirdly" scarce, but the most I could find of value is some Al Shola Gas company which is recently owned by Quality which now is sort of owned by Fusion. I found that got some good earnings in 2023 (1.8million dollars).

On top of all that... Just after Nasdaq informed Fusion they had to delist (now appealed), they FILED for insolvency for their subsidiary in Portugal... What happened about that? Nothing was mentioned after.

This is just a personal opinion, so be careful. And also, even if I was right, I could see some big jump before that.

Good luck to all.


Edit: numbers of current and new issued shares, and the filing for insolvency are from the 6k File uploaded to the Fusion website on the 20thNov. https://ir.fusion-fuel.eu/financials-filings/sec-filings

Volume has dried up.Everyone is waiting on the news.Very cautious here before what could be a make or break event.Good luck and good trading.

It is usual for a pump and dump news event.Who knows what they will say,but anytime they ask for submitted questions,buyer beware.They are also talking about share price,which translates to RS talk.They will say to meet nasdaq requirements.In reality it means more funding and dilution.Expect the share price to return to the 20 cent range and then an RS,dropping it to 10 cents.I would expect a 50/1 RS.Good luck and good trading.

HTOO Getting some traction here

Yes still here yet haven't posted 

wts lagging price

Fusion Fuel Green PLC (HTOO) 0.5966 +24.8117%

You mean flying down with dilution! Look who's involved

Wow all this volume and price drops!! Heavy dilution especially with Nick and his team involved! Dang

wow mover, i have some wts. pps lagging common. HTOO 143.895M Fusion Fuel Green PLC 0.5950 0.51

Fusion Fuel to Release an Investor Update Presentation on December 12, 2024
Dec 04, 2024
https://ir.fusion-fuel.eu/news-releases/news-release-details/fusion-fuel-release-investor-update-presentation-december-12

DUBLIN, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Fusion Fuel Green Plc (NASDAQ: HTOO), a leading provider of energy and utility solutions, today announced it will host an Investor Update Presentation on Thursday, December 12, 2024, to discuss its recently announced transaction, introduce its group businesses, and share strategic plans and targets for the future.

Presentation Agenda:

The Investor Update will cover the following topics:

- Fusion Fuel Overview: Highlights of the business, recent developments, details of the QIND transaction, group targets, and NASDAQ compliance.
- Al Shola Gas Business Update: Overview of Al Shola’s operations, recent performance, and future targets.
- Hydrogen Solutions Overview: Insights into Fusion Fuel’s hydrogen solutions, progress updates, business objectives and future targets.

Event Details:

- Date: December 12, 2024
- Time: 09:30 a.m. ET

The Investor Update Presentation will be made available on the Events page on Fusion Fuel’s website at https://www.fusion-fuel.eu in advance of the release date. A recording of the event will be available online for replay following the presentation.

About Fusion Fuel Green plc

Fusion Fuel Green plc (NASDAQ: HTOO) is a leading energy and utilities company focused on the hydrogen and gas sectors. The company delivers cutting-edge engineering and advisory solutions to accelerate the adoption of green hydrogen across global markets. Additionally, its majority-owned industrial and utilities subsidiary, Quality Industrial Corp., offers a comprehensive portfolio of services, including the design, supply, installation, and maintenance of energy systems and the supply and distribution of liquefied petroleum gas (LPG). The company serves a diverse client base across commercial and residential buildings, mixed-use developments, heavy industries, and the food service sector.

With a strong commitment to innovation and sustainability, Fusion Fuel is at the forefront of driving the global energy transition by providing efficient, reliable, and environmentally responsible energy solutions.

For more information, visit www.fusion-fuel.eu or follow Fusion Fuel on LinkedIn.

NEWS: Fusion Fuel to Release an Investor Update Presentation on December 12, 2024
Fusion Fuel Green Public Limited Company
Wed, December 4, 2024 at 8:51 AM EST

In This Article:
HTOO HTOOW
Fusion Fuel Green Public Limited Company

DUBLIN, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Fusion Fuel Green Plc (NASDAQ: HTOO), a leading provider of energy and utility solutions, today announced it will host an Investor Update Presentation on Thursday, December 12, 2024, to discuss its recently announced transaction, introduce its group businesses, and share strategic plans and targets for the future.

Presentation Agenda:

The Investor Update will cover the following topics:

Fusion Fuel Overview: Highlights of the business, recent developments, details of the QIND transaction, group targets, and NASDAQ compliance.

Al Shola Gas Business Update: Overview of Al Shola’s operations, recent performance, and future targets.

Hydrogen Solutions Overview: Insights into Fusion Fuel’s hydrogen solutions, progress updates, business objectives and future targets.

Event Details:

Date: December 12, 2024

Time: 09:30 a.m. ET

The Investor Update Presentation will be made available on the Events page on Fusion Fuel’s website at https://www.fusion-fuel.eu in advance of the release date. A recording of the event will be available online for replay following the presentation.

About Fusion Fuel Green plc

Fusion Fuel Green plc (NASDAQ: HTOO) is a leading energy and utilities company focused on the hydrogen and gas sectors. The company delivers cutting-edge engineering and advisory solutions to accelerate the adoption of green hydrogen across global markets. Additionally, its majority-owned industrial and utilities subsidiary, Quality Industrial Corp., offers a comprehensive portfolio of services, including the design, supply, installation, and maintenance of energy systems and the supply and distribution of liquefied petroleum gas (LPG). The company serves a diverse client base across commercial and residential buildings, mixed-use developments, heavy industries, and the food service sector.

With a strong commitment to innovation and sustainability, Fusion Fuel is at the forefront of driving the global energy transition by providing efficient, reliable, and environmentally responsible energy solutions.

For more information, visit www.fusion-fuel.eu or follow Fusion Fuel on LinkedIn.

Forward-Looking Statements

This press release includes “forward-looking statements.” Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target”, “may”, “intend”, “predict”, “should”, “would”, “predict”, “potential”, “seem”, “future”, “outlook” or other similar expressions (or negative versions of such words or expressions) that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Fusion Fuel has based these forward-looking statements largely on its current expectations, including but not limited the ability of the investment reported on to be consummated as anticipated. Such forward-looking statements are subject to risks and uncertainties (including those set forth in Fusion Fuel’s Annual Report on Form 20-F for the year ended December 31, 2023, filed with the Securities and Exchange Commission) which could cause actual results to differ from the forward-looking statements.

Investor Relations Contact

ir@fusion-fuel.eu

$HTOO Holding gains pre-market .4909 +54.37%

HTOO...................................https://stockcharts.com/h-sc/ui?s=HTOO&p=W&b=5&g=0&id=p86431144783

Fusion Fuel supports the development and deployment of sustainable hydrogen infrastructure for a range of applications.

$HTOO closed up at 0.6801 After Hours +.3406 +100.32%

HTOO: I grabbed some at circa 80% up in the Post-M today, on a whim; still holding. (Below is COPILOT's reply to MY inquiry circa 15-minutes ago.)

ME: "What does Wall Street think of HTOO's (evidently) consumation of their 'marriage' with "Quality Industrial Corp" in the Post-Market today (12-3-24)? Right now, HTOO is up by circa 127% in today's Post-Market routine."
COPILOT: "Wall Street seems to be reacting very positively to HTOO's acquisition of Quality Industrial Corp. The 127% increase in HTOO's stock price in the post-market indicates strong investor confidence in the deal. Analysts believe that the merger will create significant synergies, especially by combining HTOO's hydrogen engineering services with Quality Industrial Corp's expertise in gas and utility services1. This positions HTOO well for long-term growth in both the traditional and clean energy sectors. It's definitely an exciting time for HTOO! Do you have any thoughts on how this might impact the broader market?"

You in the dark side or sunny side of the moon
.74 + 133%

HTOO: Soaring to dah MOOOOOOON!!!

$HTOO Form 6K Filed: Closing and Acquisition of Majority Interest in Quality Industrial Corp. https://www.otcmarkets.com/filing/html?id=18008480&guid=MhY-k6PTAwwfJth



As previously reported in a Report on Form 6-K furnished to the Securities and Exchange Commission (the “SEC”) on November 19, 2024 by Fusion Fuel Green PLC, an Irish public limited company (the “Company”), the Company entered into a Stock Purchase Agreement, dated as of November 18, 2024 (the “Purchase Agreement”), with Quality Industrial Corp., a Nevada corporation (“Quality”), Ilustrato Pictures International Inc. (“Ilustrato”), and certain stockholders of Quality (together with Ilustrato, the “Sellers” and the Sellers together with Quality and the Company, the “Parties”)

Fusion Fuel Green (NASDAQ: HTOO) Executes Agreement to Acquire Majority Stake in QIND

November 19, 2024

In This Article:
QIND HTOO

Quality Industrial Corp. (OTC PINK:QIND) ("QIND" or the "Company") is an industrial company specializing in the energy sector. On November 18, 2024, the Company, Fusion Fuel Green PLC, an Irish public limited company listed on NASDAQ under the ticker symbol "HTOO" ("Fusion Fuel"), Ilustrato Pictures International Inc. ("Ilustrato"), and certain other stockholders of the Company (together with Ilustrato, the "Sellers") entered into a Stock Purchase Agreement (the "Purchase Agreement") to transfer a total of 78,312,334 shares of common stock and 20,000 shares of Series B Preferred Stock to Fusion Fuel, representing approximately 69% of the capital stock of the Company. In accordance with the Purchase Agreement, Fusion Fuel will issue a combination of ordinary shares and convertible preferred shares as compensation for the Purchased Shares. This arrangement will result in the Sellers holding an ownership stake of approximately 70% in Fusion Fuel, calculated on an as-converted, fully diluted basis. The preferred shares, however, cannot be converted until Fusion Fuel's shareholders grant their approval for the conversion to ordinary shares and clearance of an initial listing application to be filed with Nasdaq.

Consequently, this transaction is expected to effect a change in control of QIND. The shares of the Company being transferred will represent approximately 69.36% of the voting rights associated with the outstanding shares of the Company, calculated on a fully diluted and as-converted basis, subject to satisfaction or waiver of closing conditions to the completion of the transaction.

John-Paul Backwell, CEO of QIND, stated, "We recognize a significant strategic opportunity in integrating our dependable recurring revenue and expertise across the gas value chain with Fusion Fuel's top-tier hydrogen engineering capabilities. This collaboration is expected to allow us to provide a complete array of services that better meet current energy demands while laying the groundwork for sustainable growth in the future. The expected synergy with Fusion Fuel presents a promising opportunity for our profitable, expanding Middle Eastern gas business to enter Europe, while offering Fusion Fuel a platform to grow in the Middle East."

A copy of the Purchase Agreement will be attached as an exhibit to a Current Report on Form 8-K that will be filed by the Company with the Securities and Exchange Commission (the "SEC") and made available at www.sec.gov and on the Company's website. The description above is qualified in its entirety by reference to the full text of such exhibit.

The Purchase Agreement sets forth material terms and conditions for the potential transaction that, if consummated, would result in the acquisition of approximately 69% of the issued and outstanding shares of QIND's share capital at the closing. The closing will be subject to execution of and the satisfaction or waiver of certain terms and conditions. If the closing occurs, certain post-closing requirements will become applicable, including shareholder approval of related matters and approval by The Nasdaq Stock Market LLC ("Nasdaq") of a new initial listing application, and failure to satisfy such requirements within a certain period may result in the unwinding of the acquisition of the shares of the Company by Fusion Fuel at the closing. There can be no assurance that the closing will occur, or that post-closing requirements for the acquisition will be met.

About Quality Industrial Corp

Quality Industrial Corp. (OTC PINK: QIND) is an industrial company specializing in the energy sector. Its operating business consults, designs, supplies, installs, and maintains liquefied petroleum gas (LPG) systems, while also transporting and supplying LPG in bulk and cylinder format to nearly 40,000 customers. It serves commercial buildings, mixed-use apartment complexes, shopping complexes, food courts, heavy industries, labor accommodations, catering units, commercial kitchens, and restaurants. The public entity was formerly Wikisoft Corp. before changing its name to Quality Industrial Corp. in August 2022. Learn more about Quality Industrial Corp. by visiting its website at https://www.qualityindustrialcorp.com and https://www.alsholagas.ae.

About Fusion Fuel Green plc

Fusion Fuel is a pioneer in the green hydrogen sector, committed to advancing the energy transition through innovative hydrogen solutions. Specializing in end-to-end engineering and advisory services, Fusion Fuel supports the development and deployment of sustainable hydrogen infrastructure for a range of applications. As a full-service partner, Fusion Fuel provides expert guidance to customers seeking to implement clean hydrogen projects with a focus on flexibility, reliability, and efficiency. Learn more about Fusion Fuel by visiting our website at https://www.fusion-fuel.eu and following us on LinkedIn.

FORWARD-LOOKING STATEMENTS

This press release contains statements of a forward-looking nature about the Company. You can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "is/are likely to," "future" or other similar expressions. The Company has based these forward-looking statements primarily on the Company's current expectations and projections about future events and financial trends that the Company believes may affect the Company's financial condition, results of operations, business strategy, and financial needs. There is no assurance that the Company's current expectations and projections are accurate. All forward-looking statements in this press release are based on the Company's information on the date hereof. These statements involve known and unknown risks, uncertainties, and other factors that may cause the Company's actual results to differ materially from those implied by the forward-looking statements, including without limitation, the ability of the Company, Fusion Fuel, and the Sellers to obtain all necessary regulatory and other consents and approvals in connection with the acquisition, the QIND and Fusion Fuel's ability to complete the acquisition and integrate their businesses, obtain Nasdaq clearance of a new initial listing application in connection with the acquisition, and obtain shareholder approval of the matters to be voted on at a shareholders' meeting to approve matters required to be approved in connection with the Purchase Agreement. The Company operates in a rapidly evolving environment. New risk factors emerge from time to time. The Company does not undertake any obligation to update or revise the forward-looking statements except as required under applicable law. This press release does not constitute or form part of any offer or invitation to purchase, otherwise acquire, issue, subscribe for, sell, or otherwise dispose of any securities, nor any solicitation of any offer to purchase, otherwise acquire, issue, subscribe for, sell, or otherwise dispose of any securities of the Company. The release, publication, or distribution of this announcement in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which this announcement is released, published, or distributed should inform themselves about and observe such restrictions.

CONTACT

Quality Industrial Corp.
315 Montgomery Street, San Francisco
CA 94104, USA
Phone: +1-800-706-0806
Email: info@qualityindustrialcorp.com
Investor site: https://qualityindustrialcorp.com
Twitter: @QualityIndCorp @ILUS_INTL

SOURCE: Quality Industrial Corp.

NV44, great post. Thank you. Still in it, but I'm loosing faith. I'll probably take half my investment out if/when we get a spike in order to reduce the risk and limit my losses. Good luck to you.