Focused on developing a cleaner and greener way to produce renewable hydrogen and natural gas using sunlight, water, and carbon dioxide, the penny stock of HyperSolar, Inc. (HYSR) might just be able to reverse itself. Having dropped -79% since touching .02 back on September 6 of last year, HYSR stock could be in for a change of fortune after announcing that their artificial photosynthesis technology is now capable of producing 1.2 volt open circuit voltage for use in direct solar hydrogen production. Bottoming out on the charts for a new 52 week low, activity is likely to pick up off this news announcement which could put new buyers into a double your money or better position.
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HYSR Stock Quote
Market Cap: 1.04M
Last: 0.0042 ▼ -0.0001 (-2.33%)
Dollar Volume: $60,101
Issued and Outstanding: 248,123,318
14-Day Rel Strength: 34.10%
1st Resistance Point: 0.0048
1st Support Level: 0.0035
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HyperSolar has been plugging away at trying to make the universe a better place for more than 2 years now after, on November 15, 2011, filing a patent application to protect the intellectual property rights to the production of renewable hydrogen and natural gas using sunlight, water, and carbon dioxide. Just 6 months later, in May of 2012, the Company completed a lab scale prototype of their technology that demonstrates hydrogen production from small scale solar devices coated with their unique, low-cost polymer coating, and submerged in waste water from a pulp and paper mill.
Believing in the capabilities HyperSolar could achieve, the Company has been staying afloat by either offering private placements or convertible notes to private investors since they have yet to actually produce a product which can be sold and booked for their inaugural revenues. The most recent of which was on November 7, 2013, when 5,081,081 shares of HYSR stock was issued upon the conversion of a convertible note for the principal amount of $17,500, plus interest of $1,300: $0.0037 per share.
This is understandable since cots are going to run high when you’re trying to develop a technology to mimic photosynthesis which will allow for the splitting of water into hydrogen. Today’s announcement of HyperSolar achieving a 10% increase over the previous 1.1 volt reached late last year may just be one more step closer to a truly sustainable, low cost, and renewable energy cycle can be created to power the earth and a great chance to see HYSR stock bounce off it’s all time low set yesterday.
About HYSR Stock
Hypersolar, Inc. is a development stage company focused on their novel solar-powered nanoparticle system that mimics photosynthesis to separate hydrogen from water.
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They say never buy a penny stock when it’s at it’s 52 week low, but if you really want to reach for the sun in terms of gain potential, that’s exactly what you need to be doing. HYSR stock offers a great opportunity, IF it doesn’t gap to high at the open, to do just that. It was in August of last year when HYSR was this low and, within a month, had peaked out at .02. Can history repeat itself?
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