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HPQ Silicon Inc V.HPQ

Alternate Symbol(s):  HPQFF

HPQ Silicon Inc. (HPQ) is a Canada-based technology company specializing in green engineering of silica and silicon-based materials. The Company is engaged in developing, with the support of technology partners PyroGenesis Canada Inc. (PyroGenesis) and Novacium SAS, new green processes to make the critical materials needed to reach net zero emissions. Its activities are centered around the three pillars: becoming a green low-cost (Capex and Opex) manufacturer of Fumed Silica using the Fumed Silica Reactor, a proprietary technology owned by HPQ being developed for HPQ by PyroGenesis; becoming a producer of silicon-based anode materials for battery applications with the assistance of Novacium SAS, and Novacium SAS is engaged in developing a low carbon, chemical base on demand and high-pressure autonomous hydrogen production system. The Company operates in a single operating segment, segment, being the sector of the transformation of quartz into silicon materials and derivative products.


TSXV:HPQ - Post by User

Bullboard Posts
Comment by chromyon Jan 13, 2011 3:41pm
207 Views
Post# 17968082

RE: Insider

RE: InsiderI'm not too clear about this, but I'll do my best. Of course as you know an insider can, and usually buys his own company's shares straight from the market, like you and I. But an insider can acquire shares unissued to the market, which by law can only be done by prospectus. Now, an insider can apply to the regulators for an exemption to that rule and if granted can buy company shares - shares which, by implication have not been issued by prospectus and perhaps cheaper than the current SP at the time of the acquisition, in this 5 cents....or something to that effect. May God help me on this one if I got it wrong, but I hope I got close.
Bullboard Posts