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Posts Tagged ‘Helpful Technologies’

Florida’s Helpful Technologies closes on $11.8M raise

Thursday, October 7th, 2010

Helpful TechnologiesFORT LAUDERDALE, FL – Helpful Technologies Inc., a company developing emerging market green energy technologies, has closed an $11.8 million equity raise connected  to its acquisition of intellectual property, according to a regulatory filing.

The company paid $20.8 million of the IP in April to buy IP from its Fuecotech Inc. subsidiary.

Founded in 2008, the company discovers, develops and markets technology products, among them, technology to reduce fuel consumption and lower greenhouse gas emissions.

It says it continually acquires new technologies.

The company disclosed the raise in a filing with the US Securities and Exchange Commission.

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Posted in Acquisitions, Energy, Florida, Money | Comments Off

Helpful Technologies closes on $6.7 million offering

Wednesday, September 1st, 2010

Helpful TechnologiesFORT LAUDERDALE, FL – Helpful Technologies Inc., a company that acquires intellectual property and develops emerging technology products, has closed a $6.7 million securities offering, according to a regulatory filing.

The offering was in connection with a technology acquisition agreement.

We reported that the company raised $11.02 million in July to fuel acquistions.

Tje company purchased intellectual property from a subsidiary, Fuecotech Inc. of Littleton, NC and Rochester, NY in April for $20.84 million.

Helpful says it works to discover, develop and market emerging technology products, including for the reduction of fuel consumption and reduction of greenhouse gases emissions.

Its end markets include transportation, engine manufacturing, parts manufacturing, oil and gas companies, and applicable internet and military applications.

The company disclosed the current offering close in a filing with the U.S. Securities and Exchange Commission.

To contact TechJournal South Editor & Writer Allan Maurer: Allan at TechJournalSouth dot com.

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Posted in Acquisitions, Energy, Florida, IT, Money | Comments Off

Helpful Technologies raises $11M to fuel acquisitions

Thursday, July 1st, 2010

Helpful TechnologiesFORT LAUDERDALE, FL – Helpful Technologies Inc., a company that acquires intellectual property and develops emerging technology products, has raised $11.02 million through the sale of convertible securities, according to a regulatory filing.

The company, founded in 2008, received $9.38 million in equity via a settlement agreement that regulated the issue of common shares in lieu of cash payable for transfer of IP to Helpful Technologies.

In April, the company closed a $20.84 million IP deal with its subsidiary, Fuecotech Inc. of Littleton, NC and Rochester, NY. Fuecotech developed a fuel efficiency product.

Helpful says it works to discover, develop and market emerging technology products, including for the reduction of fuel consumption and reduction of greenhouse gases emissions.

Its end markets include transportation, engine manufacturing, parts manufacturing, oil and gas companies, and applicable internet and military applications.

The company disclosed the current financing in a filing with the U.S. Securities and Exchange Commission, which cites only one principal, CEO Sergey Gurin.

Contact Tech Journal South Editor and writer Allan Maurer: Allan at TechJournalSouth dot com.

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Posted in Energy, Florida, Government/Defense, Internet/New Media, IT, Money | Comments Off