Hammer1 Gun Valve
Hydro Power Technologies (PYBX) Announces Corporate Milestones Toward Marketing
and Distribution of ‘Hammer1’ Technology
Burlington ON, May 19, 2020: PYBX Hydro Power Technologies, Inc., (NASDAQ, OTC:
PYBX) is accelerating development internationally with its patent pending Hammer1 Technology. The enhanced impact turbine power production is accomplished by increasing jet projectile velocities through the Hammer1 Gun Valve. The Hammer1 Gun Valve is the device used to start and stop the fluid movement, which creates the additional jet velocity, resulting in improved kinetic energy, with less effort, resulting in more energy per operating dollar.
Renewable Energy World, in a recent April 2020 update, reported during the Covid-19 crisis, https://www.renewableenergyworld.com/2020/04/06/renewables-achieve-clean-energy-recordas-covid-19-hits-demand/, “Renewable” share of total clean energy generation in Europe topped 60% for the first time, in the first three months of the year”. In addition, the report stated, hydropower was the second largest source of renewable generation in the quarter, producing 126.1 TWh, with Norway providing the largest share of this market. This figure represents a 20% increase compared to Q1 2019, but is lower than levels seen in 2018.
In contrast, generation from nuclear plants fell to 192 TWh in the first three months of 2020 – the lowest Q1 figure in the last five years and down from the 219.6 TWh produced in Q1 2019.
The experienced engineers and executives at Hydro Power Technologies predict significantdemand for hydro power generation and for efficiencies in renewable energy as energy demand increases, which will result in significant demand for its products and services. Hydro Power Technologies President Michael Shamber, reports there have been significant milestones which have been accomplished despite the difficulties being experienced in the majority of the world markets, largely due to the covid virus pandemic lockdown initiated by most countries. Since February 2020, the Company retained Matthew McMurdo, Esquire, NYC, as SEC Compliance Counsel. It completed all requisite filings with OTC Markets, including Mr. McMurdo’s Legal Letter and obtained current Pink Tier status with OTC Markets, plus the Company’s shareholders approved the election of new directors and appointed new officers.. Also in February 2020, DTCC approved the Company for FAST/DWAC/DRS Status, which enables Electronic Stock Transmission.
On March 16, 2020, the Share Exchange Agreement between Playbox and Hyro Power Technologies was finalized and executed by the parties for the asset purchase of Hydro Power Technologies, Inc. and Playbox(US), Inc., and made effective December 31, 2019.
On April 8, 2020, the Company amended its Articles of Incorporation and changed its name to Hydro Power Technologies, Inc. On May 15, 2020, the Company updated its corporate website.
Going forward, our official Twitter account is https://twitter.com/HydroPowerTech.
On behalf of the Board
Michael Shamber
President
SHELTIA WORK TRADE S.R.L.
The company Sheltia Work Trade S.r.l., a company incorporated under Italian law, established on 24 February 2017 with registered office in 00192 Rome (RM), has as its object the collection and transport of non-hazardous special waste to transfer and disposal plants; the collection of materials coming from demolitions or recovery in general (building, steel industry, etc.), ferrous and non-ferrous, as well as all materials suitable for recovery and their reuse; the placing in reserve and the sorting, processing and trade of the materials themselves.
Plant for the Recovery, Management and Treatment of Non-Hazardous Waste / Ferrous and Non-Ferrous Scrap / Secondary Raw Materials / Ferroalloy Materials / other waste in general, disposal of special non-hazardous waste.
Management capacity of the Chiuduno plant (BG) 100,000/ton. Year approximately.
total surface area of the plant 7,270 m2. of which: – covered area 1,391 m2. – uncovered draining surface 2,361 m2. – permeable uncovered surface (green area) 2,990 m2. – packed earth surface area 528 m2.
Global environmental regulations and projects are developing and have a direct influence on the waste sector. Regulations and treaties are setting and will continue to set restrictive terms for the reduction of waste sent to landfill and for the reduction of gaseous emissions. In Europe there was the objective of reducing the values to 35%. For more details you can download document from here
SWT, alongside strategic partners, recently acquired a state-of-the-art waste management site in Manfredonia, Foggia, Southern Italy. This facility:
