CLEAN ELECTRIC

CLEAN ELECTRIC TRANSPORTATION & STORAGE TECHNOLOGIES

Company became a leader in Clean Electric Transportation and Storage Technologies.

In the first year, the parent company of Legend Advisor invested $5,000 into the issuer. This was the first infusion of cash into the issuer. The issuer was a biodegradable cleaning chemical company.
In the third year, Legend assisted in referring private investors for $41,500.
In the fifth year, one of Legend’s contacts brought an invention to Legend. The invention was a piece of magnesium put into saltwater that caused electricity to run a fan. The byproduct of the magnesium melting in salt water was hydrogen. Based on the technology hydrogen could be created on the fly on a vehicle without carrying a large tank of hydrogen.
Legend helped secure $1.4 million bridge loan to acquire the hydrogen technology. Legend’s parent company was one of the primary investors.
Using the proceeds from the bridge loan, the issuer contracted NASA Jet Propulsion Labs to advance the technology. ASU also entered into a license agreement with exclusive license patent rights to mechanically fed metal air fuel cell as a high energy source.
The magnesium-based system was advanced by JPL to produce hydrogen fuel and electricity on demand.
Legend introduced the issuer to investment banker who raised $12 million in an offering.
The issuer paid back the entire bridge loan.
In the sixth year with the proceeds from the offering, the issuer was able to acquire three other companies with additional IP’s.
One of the technologies was a fast charging battery. This acquisition allowed the issuer to be selected for a $99 million grant from the government U.S. Department of Energy to undertake the largest deployment of electronic vehicles.
In the seventh year, the issuer excepted the grant from the U.S. Department of Energy for $99 million. The issuer partnered with Nissan North America and the project was to be implemented in the Nissan LEAF, which was a zero-emission electric vehicle.
The company was then listed on NASDAQ and continued to raise capital in excess of $125 million.

CLEAN ELECTRIC

CLEAN ELECTRIC TRANSPORTATION & STORAGE TECHNOLOGIES

Company became a leader in Clean Electric Transportation and Storage Technologies.

In the first year, the parent company of Legend Advisor invested $5,000 into the issuer. This was the first infusion of cash into the issuer. The issuer was a biodegradable cleaning chemical company.

In the third year, Legend assisted in referring private investors for $41,500.

Legend helped secure $1.4 million bridge loan to acquire the hydrogen technology. Legend’s parent company was one of the primary investors.

Using the proceeds from the bridge loan, the issuer contracted NASA Jet Propulsion Labs to advance the technology. ASU also entered into a license agreement with exclusive license patent rights to mechanically fed metal air fuel cell as a high energy source.

The magnesium-based system was advanced by JPL to produce hydrogen fuel and electricity on demand.

Legend introduced the issuer to investment banker who raised $12 million in an offering.

The issuer paid back the entire bridge loan.

In the sixth year with the proceeds from the offering, the issuer was able to acquire three other companies with additional IP’s.

One of the technologies was a fast charging battery. This acquisition allowed the issuer to be selected for a $99 million grant from the government U.S. Department of Energy to undertake the largest deployment of electronic vehicles.

In the seventh year, the issuer excepted the grant from the U.S. Department of Energy for $99 million. The issuer partnered with Nissan North America and the project was to be implemented in the Nissan LEAF, which was a zero-emission electric vehicle.

The company was then listed on NASDAQ and continued to raise capital in excess of $125 million.