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Big Mover; HyperSolar Inc. (HYSR)

By Warren Paige

Shares of HyperSolar Inc. (OTC: HYSR) surged on Tuesday after the company announced completion of proof of concept prototype that successfully produces renewable hydrogen.

HYSR shares rose more than 87% to finish the day at $0.0730 on above average volume.

HyperSolar, which intends to enable a world of distributed hydrogen production for renewable electricity and hydrogen fuel cell vehicles using its low cots method to produce renewable hydrogen, said on Tuesday that by integrating its unique, low-cost polymer coating with a small-scale solar device to form a self-contained particle, it has proven the scientific validity of its breakthrough technology.

Tim Young, CEO of HyperSolar, said that he believes HYSR is on the right track to produce the lowest cost renewable hydrogen. Young said that the worldwide impact of using renewable hydrogen to generate electricity and power fuel cell vehicles would be extraordinary.

 

May 23rd, 2012 | Tags: | Category: Hot MicroCaps

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All stories in DailyStocks.com are for informational purposes only. This is NOT a stock recommendation. This DailyStocks.com story is a daily light analysis featuring a stock with insider buying. With some caveats, insiders purchase a stock because they think the stock is going up. There are other factors to consider such as size of the transaction relative to their compensation and net worth. Sometimes, insiders might be propping a stock price up for future financing. Sometimes, the amount of insider buying are misread or misreported. Each month, DailyStocks releases a a summary of the stocks with insider buying. Sign up for the free monthly newsletter at DailyStocks.com . About Dailystocks.com: DailyStocks.com is the place where you can find stories about stocks with insider buying, where you can educate yourself about stock market investing, and where you can perform the stock search engine analysis – you enter a stock symbol, and you get a resulting page of stock ticker indexed links so that you do not have to type the stock symbol each time.