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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

Comment by Aarman4on Feb 04, 2021 2:20pm
263 Views
Post# 32472254

RE:RE:RE:What do you think about

RE:RE:RE:What do you think about

I think it makes plenty of sense to renew every 6 months. Apollon and HPQ do not currently have an exacting valuation of their agreement, in dollars, and therefore it makes the most sense to touch up on it regularly, just in case one company feels they are missing out on something. Apollon is not a competitor, they are a friend, much like Pyrogenesis is a friend, and there is no need to worry about one walking away from the other.

As for the 1/3 ownership thing, I highly doubt that is in the plans. Pyrogenesis has set itself up to have 50% ownership of HPQ Nano down the road, and I do not think they are in a position of need, or desire to lose any part of that ownership. 

Now, should HPQ Silicon be taken over, or taken out(highly unlikely), the structure of the HPQ Nano deal has made it virtually impossible for Pyrogenesis to lose control over the Nano-silicon process made possible through Purevap, which in turn makes it easier for them to obtain other partners for other reasons and not risk being raided for that technology and it's rights.

Cheers!


Oden6570 wrote:
No , when HPQ and PYR created HPQ Nano ( go back and read nr on this subject ) as I said ceo indicated deal was done in way that made it easier to bring in a third party. The board was speculating at the time it may be Tesla.However it makes sense to formally escalate the research to partnership , before taking on the world. At least in my opinion. If they if fact do what the aspire to do it makes little sense to have constant renewal agreements hanging over everyone's head.

 

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