3SOF

Profile:  

 
Hydrogenetics, Inc.
4000 Tower Side Terrace
Suite 1903
Miami, FL 33107
United States - Map
Phone: 305-572-9850
Fax: 305-572-9851
Web Site: http://www.hydrogeneticsusa.com

DETAILS  
Index Membership: N/A
Sector:  
Industry:  
Full Time Employees: 2


BUSINESS SUMMARY  
Hydrogenetics, Inc. engages in acquiring and operating businesses in the alternative energy sector, as well as in entertainment field. The company, through its subsidiary, HydroAxis Technologies, Inc., develops a hydrogen generating system to be used as a complete device for gas and diesel internal combustion engine in various markets, such as automotive, truck, marine, farm tractors, earth moving vehicles, military vehicles, locomotive engines, mining, home heating units, generators, recreation vehicles, fork trucks, and lawn mowers. It also owns Pacific Lights Entertainment, Inc., a film production company that produces small budget films in the comedy and Sci-Fi genres. Hydrogenetics, through its other subsidiary, Buffalo Biodiesel Inc., engages in collecting and sourcing waste vegetable oil from commercial food preparation establishments, and reselling it as raw feedstock to bio-diesel refineries; and sells bio-diesel and yellow grease for the production of bio-diesel to companies in the United States and internationally. The company was formerly known as Global Entertainment Acquisition Corp. and changed its name to Hydrogenetics, Inc. in September 2008. Hydrogenetics is based in Miami, Florida.

One for you to watch Monday morning...Moving on up, on good volume.
100% ownership of Bufalo Biodiesel.
13-Day MA has crossed above the 50-Day MA
Look at the volume and the chart. The price has just crossed the moving averages. It is very probable that this stock is preparing for a big rally and is still on the launching pad. Look at CADD...same pattern.

Technicals
Record Volume
Close Above the 50-day MA
Most Actives
MACD - Bullish
Percentage Gainer

Last Price Quote is:
96.56%above 13-day MA
46.17%above 50-day MA
RS Rating: N/A 

Fundamentals
Key Data:
Market Cap (M): N/A 
P/E Ratio: N/A 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: N/A

Press Release Source: HydroGenetics, Inc.
Buffalo Biodiesel Inc. Signs 4th Contract With Major Biodiesel Manufacturer
1,000,000 lbs to Be Delivered in July
On Monday May 18, 2009, 8:00 am EDT


MIAMI, FL--(MARKET WIRE)--May 18, 2009 -- HydroGenetics, Inc. (Other OTC:HYGN.PK - News) is pleased to announce that Buffalo Biodiesel Inc. (BBD), a wholly owned subsidiary of HydroGenetics Inc., entered into a delivery contract of 1,000,000 lbs of high quality recycled biodiesel feedstock in July with one of the largest biodiesel producers in the North East. The contract will gross BBD in excess of $220,000.

BBD completed the first contract of 750,000 lbs of high quality recycled biodiesel feedstock in April and is in the process of fulfilling the second contract 1,000,000 lbs of high quality recycled biodiesel feedstock in May. BBD anticipates the delivery of 1,000,000 lbs of high quality recycled biodiesel feedstock June and July to be on time.

The company will continue to update our shareholders as information becomes available.

About HydroGenetics, Inc.

HydroGenetics, Inc. is an alternative energy company. The company's mission is to acquire and develop alternative "green" technology and "green" technology companies into revenue producing, profitable businesses, utilizing investment capital and other resources including management and strategic planning to increase shareholder value. HydroGenetics, Inc.'s wholly owned subsidiary, HydroAxis Technologies, Inc., is currently developing "green hydrogen generating technology systems for any internal combustion engine," which will significantly reduce gasoline consumption in existing and new vehicles.

Forward-Looking Statements

Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.

Contact:
     Contact:
     Mark Balbirer
     305-573-0821
     

This bit of news was released Dec. 08

Plans to Move to the Over-the-Counter Bulletin Board...

The company intends to file its Form-10 registration statement with the Securities and Exchange Commission by the first week in January 09. HydroGenetics also intends have a broker/dealer apply for an (OTCBB) listing subsequent to the filing of the Form-10 registration statement. "This is an exciting time for HydroGenetics and our shareholders as we are initiating our acquisition strategy in the alternative energy arena. We are currently looking at several acquisitions in the biodiesel industry of which are profitable and employ 'green' technology, turning waste products into 'green' biodiesel."

Nice  move with the volume to go along...
HYGN's Rise is Being Propelled by the Increasing Worldwide Demand for Biodiesel.
The stock has been on a tear lately and closed @ .045 on Friday and today closing @ 0.0801
with a high of $0.21


Technicals
Record Volume
Close Above the 50-day EMA
MACD - Bullish

Last Price Quote is:
96.56%above 13-day MA
46.17%above 50-day MA
RS Rating: N/A 

Fundamentals
Key Data:
Market Cap (M): N/A 
P/E Ratio: N/A 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: N/A

Press Release Source: HydroGenetics, Inc.
HydroGenetics, Inc. Takes First Step in Becoming Fully Reporting 34 Act Company
Retains JSW as Accounting Firm
On Thursday May 21, 2009, 12:32 pm EDT

MIAMI, FL--(MARKET WIRE)--May 21, 2009 -- HydroGenetics, Inc. (Other OTC:HYGN.PK - News) is pleased to announce today that on May 21,2009 the company engaged Jewett Schwartz Wolf & Associates to handle all of the company's accounting and SEC filings. JSW is registered with the Public Company Accounting Oversight Board (PCAOB). The PCAOB provides oversight of auditors of public companies in order to protect the interest of investors and further the public interest in the preparation of informative, fair and independent audit reports.

About HydroGenetics, Inc.

HydroGenetics, Inc. is an alternative energy company. The company's mission is to acquire and develop alternative and "green" technology companies into revenue producing, profitable businesses, utilizing investment capital and other resources including management and strategic planning to increase shareholder value. HydroGenetics, Inc.'s wholly owned subsidiary, HydroAxis Technologies, Inc., is currently developing "green hydrogen generating technology systems for any internal combustion engine," which will significantly reduce gasoline consumption in existing and new vehicles.

Forward-Looking Statements

Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.

Contact:
     Contact:
     HydroGenetics, Inc.
     305-576-5778
     

Ready for another move north... 


Technicals
Record Volume
Close Above the 50-day MA
Close Above the 13-day MA
Most Actives
Percentage Gainer

Last Price Quote is:
27.33%above 13-day MA
8.29%above 50-day MA
RS Rating: N/A 

Fundamentals
Key Data:
Market Cap (M): N/A 
P/E Ratio: N/A 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: N/A