Hydrogen Hybrid Technologies Inc. (HYHY.OB) Signs Letter of Intent Valued at $27 Million

 

Hydrogen Hybrid Technologies continues to roll their product out globally. On June 23, 2008, the company announced that a letter of intent had been signed with EUROMAC, an Irish firm marketing environmental products in Ireland, UK, and the rest of the European Union (EU). The letter of intent calls for an initial order of 1750 units for a total value of approximately $27 million. This announcement from the company follows similar announcements over the past year regarding agreements in Korea, Portugal, and Lithuania.

Vested Interest: 
The author does not own shares in HYHY