Asia Properties Inc (PK) (ASPZ) News

https://www.otcmarkets.com/stock/ASPZ/news/HyOrc-Corporation-OTC-ASPZ-Pre-Launches-1M-Wefunder-Crowdfunding-Campaign-to-Power-Strategic-Growth?id=461850

Reserve your spot today starting at just $100!

Well, kinda sorta. But technically, no.

https://wefunder.com/hyorcengine

The last paragraph reads ......

HyOrc Corporation is testing the waters to evaluate investor interest. No money or other consideration is being solicited; if sent, it will not be accepted. No offer to buy securities will be accepted. No part of the purchase price will be received until a Form C is filed and, then, only through Wefunder. Any indication of interest has no obligation or commitment of any kind

Linked in says they are doing a crowdfunding?

HyOrc Corp Achieves Breakthrough with hydrogen engine and Targets OTCQB UplistingPress Release | 11/27/2024

The 80kW HyOrc pilot engine has delivered exceptional performance during testing, consuming only 2.18 kg of hydrogen per 62 miles (100 km) and achieving a 310-mile range (500 km) with a 10 kg, 500-bar fuel tank. Operating at 3,7507,500 RPM, it features 4x1.6L pulse combustors, a 2-stage Rankine cycle turbine, and a 0.15 kg/s turbocharger at 3.5 bar pressure. Compact (0.6m 0.45m 1.08m) and efficient, making it ideal for typical commercial pickups trucks of 4-7-ton.

The company is also on track to complete the development of its 245kW HyOrc engine, which exceeds the efficiency of hydrogen fuel cells over prolonged periods while matching the cost-effectiveness of diesel engines.

Additionally, as part of HyOrc's growth strategy, the company is preparing for a PCAOB audit and plans to uplist to the OTCQB market in early 2025. This transition is expected to increase transparency, attract a broader investor base, and improve market visibility.

HyOrcs ability to achieve clean energy solutions without reliance on subsidies positions us as a game-changer in the energy and transportation markets, as we deliver tangible, scalable results that meet both environmental and economic needs.

Be Part of the Movement

HyOrc invites you to follow our progress as we continue to develop transformative energy technologies and deliver value to shareholders. For more information visit:

https://www.linkedin.com/company/hyorccorporation

https://x.com/hy_orc

https://www.instagram.com/hyorccorp

www.hyorc.com

Great News Out !!! Audited Financials and Uplisting coming next.
https://www.otcmarkets.com/stock/ASPZ/news/HyOrc-Corp-Achieves-Breakthrough-with-hydrogen-engine-and-Targets-OTCQB-Uplisting?id=460532

The primary source of information on any OTC company is OTC Markets.

https://www.otcmarkets.com/stock/ASPZ/security

anyone knows how many shares outstanding in this company ?

thanks

Yes, the concept (pilot testing) has to be successful...resuts coming early next year.

It's all rather nebulous at this stage. It needs a proof of concept established so there can be some faith established that the tech is real. No easy task.

Still not understanding the lack of attention.

https://www.otcmarkets.com/stock/ASPZ/news/HyOrc-Corp-Driving-the-Future-of-Heavy-Transport-with-Indian-Railway-Co-and-others?id=459472

HyOrc Corp Achieves Zero-Emissions Transport Milestone -- No Subsidies Required.
Press Release | 11/12/2024

HyOrc Corp proudly provides an update on the latest advancements in our revolutionary HyOrc hydrogen enginea powerful solution designed to achieve zero emissions without government subsidies. Our technology is delivering industry-leading 45% efficiency, exceeding most hydrogen fuel cells in long term operation, at a cost rivaling diesel engines. Tests on our existing 80kW HyOrc engine unit have proven our innovative Pulse-Combustion Chambers, Steam Rankine Cycle Turbine, Injection and Ignition Control Systems are all ready for real-world impact.

The larger 245kW engine, currently in manufacturing, will power a 40-ton truck in upcoming tests with U.S. vehicle modifiers. HyOrcs resilient, adaptable design has now shown in tests the possibility of operation on natural gas or LPG in case of long term hydrogen supply disruptions. With high interest from prominent vehicle manufacturers and a national railway company, HyOrc is well on track to deliver a low-risk, cost-saving, zero-emission transport solution for the future.

Oh nice!

Click on the link in my post. They're a research and development facility. They're helping SRE Power with developing and testing the engine, I gather.

Sorry, what is this company "Ener Tek" all about? And do they have any relation to HyOrc?

I noticed the name "EnerTek" on the support.

https://www.enertekinternational.com/

https://x.com/hy_orc/status/1851872016917233665
https://x.com/hy_orc/status/1851704297739948142

Yes, I agree! So much I (we) don't know about..hopefully it will open up to us soon...in a good way!

Yeah, that is good to know...I had a phone call with Reggie and he told me 23m of DTC shares were purchased at .25c or even higher.

He also stated that once this HyOrc Pilot testing is completed and proven to be successful >> all the manufacturing will take place right away from RJ facility in Italy with their current customers. They can see their revenues jumping up to Billions in just few years.

On top, he mentioned they are working on with some big investors and prefer PPS to stay this low to make it an attractive deal for them.

Also, something about establishing market makers for their company trading...i didn't this part really well.

Sounds a lot of good things happening in the back ground.

Plus, he stated expect a PR soon.

I see that on pages 4 and 5 of the last Q report that private investors from SRE Power were granted restricted shares of ASPZ at $.10

https://www.otcmarkets.com/otcapi/company/financial-report/414582/content

Nice to see the bid getting a bit stronger today at .045 as compared to .032 >> good day coming!

They are working on getting a new IR person based off NY.
They got rid of the previous CPA firm and most likely working on bring in a new legal team as well.
From the 26m DTC shares, 23m were purchased by various insiders at .25c or above. So imagine where this will be going.
No person from previous is involved anymore.
Starting from a clean sheet.
Much more to come...just a beginning!

Who’s doing the IR for this? I seems a shame that the news isn’t getting out. Someone needs to connect with CEO and find out his plans for this, so far it tragic.

This is what I see in the financials that gives a glimpse of where the Total Income came from;

Revenues
The Company has revenues from the operation of the 2MW geothermal power plant in Biliran Philippines and
is entitled to 60% of the operating profits from the project for the lifetime of the project which is expected to be
25 years.
Other Income:
The total other income amounted to $93,788,705 which mainly comprised of gain on bargain purchase of
subsidiary company

I am still trying to understand the details better as I am not a CPA to know everything spelled out in the Q3 financials.

Mzasif where or what business did the 90 million come from? Is it part of the merger? Where are eyes on this?

No Worries!!

Everyone needs to know this...we are holding a Pure Hidden GEM.

Don't miss this R/M player! Seriously!!! The ONLY Hydrogen Patent (HyOrc Engine) out there - Check their recent Q3 financials. Total Asset value at $165,936,969 and Other Income $93,788,705. ""Super Qualified Management"" Check them out individually.

Audit Financials will be out in Q1, 2025 and then it goes to OTCQB and afterwards to NASDAQ through another R/M per the CEO.

https://www.otcmarkets.com/stock/ASPZ/news/ASPZ-Announces-it-Will-Acquire-Texas-Based-Hydrogen-Tech-Company-SRE-Power-Inc?id=445525 (Reverse Merger News from 07/01)

https://www.otcmarkets.com/otcapi/company/financial-report/414582/content (Q3 financials out on 10/25)

https://www.otcmarkets.com/otcapi/company/financial-report/414415/content (Change of Control event on 10/23)

https://www.otcmarkets.com/stock/ASPZ/news/Name-Change-to-HyOrc-Corporation?id=456531 (Name Change on 10/23)

Name Change to HyOrc Corporation
Press Release | 10/23/2024
We are pleased to announce that the Wyoming Secretary of State approved the company name change to HyOrc Corporation on Friday October 18th, 2024.
The HyOrc hydrogen engine is the most efficient, reliable, and affordable zero emissions powertrain available today.

https://hyorc.com/
https://x.com/hy_orc (Twitter Account)
https://www.linkedin.com/in/reginald-fubara-0b3a28184/
https://www.linkedin.com/company/hyorccorporation/
Email address: comms@hyorc.com

HyOrc Engine
The heart of the HyOrc engine: fed by four hydrogen pulse combustion chambers, each firing powerful “vapour bullets” into its rugged two-stage ORC turbine design.

Strengthened by heat-wrought vapours and a turbocharger fed from its own breath, with a fierce 45% efficiency, the HyOrc engine is ready to deliver clean, sustainable, zero-emission power to giants of the road, rail and sea, rivaling diesel’s cost yet harnessing hydrogen’s strength. The ORCs are coming.
https://www.otcmarkets.com/stock/ASPZ/news/ASPZ-Provides-an-Update-on-the-HyOrc-Technology-Development-Plans?id=446063

Hey buddy, are you on WhatsApp? The CEO is asking...as he is in U.K.
I have connected with him on WhatsApp as well for quick inquiries. PM me if you do.

I normally message him to his linkedIn account. I connected with him few months ago.
https://www.linkedin.com/in/reginald-fubara-0b3a28184/

But in future, we should be able to tweet him on this X account below;
https://x.com/hy_orc

Email address: comms@hyorc.com
https://www.linkedin.com/company/hyorccorporation/

What email address do you use?

Very interesting!!! Share Premium? wow! never came across that term before....a bit confused now what to take it from this.

You probably need to reach out to the CEO yourself to get more clarity on these financial numbers.

I ran it by the CEO...the zero revenue is for HyOrc business which they are still working on. It is other income ($93m) and total asset ($163m) showed in the financials reflects all the other stuff (businesses) they have been involved in.

I believe the company is coming together very well. Everything is looking good to me. I will adding more to my position soon.
https://www.otcmarkets.com/otcapi/company/financial-report/414582/content (Q3 financials out on 10/25)
https://www.otcmarkets.com/otcapi/company/financial-report/414415/content (Change of Control event on 10/23)
https://www.otcmarkets.com/stock/ASPZ/news/Name-Change-to-HyOrc-Corporation?id=456531 (Name Change on 10/23)
Name Change to HyOrc Corporation
Press Release | 10/23/2024
We are pleased to announce that the Wyoming Secretary of State approved the company name change to HyOrc Corporation on Friday October 18th, 2024.
The HyOrc hydrogen engine is the most efficient, reliable, and affordable zero emissions powertrain available today.
https://hyorc.com/

OMG! The very noticeable thing from Q3 is Total Asset value at $165,936,969 and Other Income $93,788,705

This is Massive!!!

It looks like there were quite a few private investors in SRE Power that got shares of ASPZ.

What I don't understand is zero revenue reported. I saw in the website various projects mentioned. Such as the one mentioned here.

The Company has revenues from the operation of the 2MW geothermal power plant in Biliran Philippines and
is entitled to 60% of the operating profits from the project for the lifetime of the project which is expected to be 25 years.

What are your thoughts on the report?

That's earlier than I expected. I'll take a look soon. Thanks.

Financials and Supplement filings is out!!!
Next is name change with Finra.
More updates coming soon!

Nice to see an updated business description on OTCBB
https://www.otcmarkets.com/stock/ASPZ/profile
HyOrc Corporation is pioneering the commercialization of hydrogen propulsion and supporting technologies, with its patented HyOrc engine, as well as other groundbreaking technologies that support the affordable production of hydrogen fuel. The HyOrc engine is the most affordable, efficient, practical and reliable zero emissions powertrain currently available today for heavy-duty applications. Heavy-duty trucks, trains, ships and stationary power generation all working with affordable, sustainable & reliable zero-emissions power.

McKinney finally gets his back pay.

On January 1, 2015, the Company fully settled the amount due to a former director of the Company in amounted to $1,257,801 by issuing 24,000,000 shares of the Company’s common stock at $0.052 per share.

I didn't realize it was the old CEO from way back and not Childers that had control of the ticker.

It's of no importance to today. Just a blast from the past. For me, anyway.

Now, they need to get Finra to change the name and get a new ticker symbol.

Name Change to HyOrc Corporation

Press Release | 10/23/2024

We are pleased to announce that the Wyoming Secretary of State approved the company name change to HyOrc Corporation on Friday October 18th, 2024.

The HyOrc hydrogen engine is the most efficient, reliable, and affordable zero emissions powertrain available today.

I don't know anything about "brown, blue, green" hydrogen, but this company is making progress using hydrogen for heavy equipment.

https://www.msn.com/en-us/weather/topstories/world-s-1st-hydrogen-powered-wheel-loader-to-save-100-metric-tons-of-co2-yearly/ar-AA1sDQ5X

HyOrc has nothing to fear from those guys. First of all, hydrogen isn't their main focus. Combustion is with a new design for rotary engines. Mazda's RX series uses rotary. I don't know of any other offhand.

And after two decades, they still don't have an engine to sell.

https://www.democratizing.finance/post/liquid-piston-insiders-offloading-7-5-million-in-stock-despite-declining-revenue

I believe there is a company called LiquidPiston that already has government contracts
From their marketing material:

Traditional internal combustion engines have remained largely unchanged for 150+ years. But LiquidPiston is transforming the future of engine technology. with their revolutionary X-Engine™ platform. It delivers up to 10X more power-to-weight and 30% more fuel efficiency than conventional engines, with the ability to run on hydrogen, gas diesel, and other fuels.

That would be a more realistic expectation for 2025. And audited financials are a requirement for listing as QB.

If I remember correctly the CEO said QB uplisting will come first in 2025 before NASDAQ.

Next week would be nice, but financials aren't due until the Nov 15.

2025 for Nasdaq is probably a tad optimistic. What with meeting their listing requirements and all. But that's not going to be an impediment for their hoped-for success with bringing the engine to market.

Yes, it is impressive what they have to offer.
I glad to be a shareholder of this company. Once the financials are out, hopefully by next week we will all know what we really own.
Yes, Audited financials and Finra will take some time...sometime in 2025.

The Q3 report will prove interesting since the acquisition closed during the quarter. Audited fins, however, are a long ways off.

I am glad to know HyOrc doesn't have a direct competitor in their working space

He said he doesn't have "many" competitors in the space, meaning there are some. Like MAN.

https://www.man.eu/engines/en/about-man-engines/man-engines/man-engines/worldwide/overview.html

It's the technology that Makes HyOrc stand out from the rest. Hopefully.

Yeah he did... funny!

Here is another short reply from the CEO after I responded with note in red below to his earlier note that I shared with you.

"Thanks for the great support.

We also have our Q3-2024 filings coming up too shortly…"


My note to him;

Thank you Reggie for your response.

I am glad to know HyOrc doesn't have a direct competitor in their working space.
I have been supporting this company by purchasing the company's shares as well as getting the word out since you guys took over.

However, there are many potential investors that I know of that won't want to invest in this company until all the books are cleaned up in terms of ticker and name change plus, all assets have been transferred under the new name once assigned. They would also want to see the latest audited financials as well as plans of getting this uplisted to Nasdaq.

They won't believe in a statement that this company will do around $3.4B in the next 4 years as previously stated by you. Until they see through audited financials how well it is doing today and whether it be able to sustain growth in the next many quarters to come. Right now they treat the $3.4B forecast as fluff news which is very typical in the OTC space to consider that.

We all need to understand that the OTC platform is the least reliable trading platform where company scams happen 95% of the time.

I have lived in this OTC world for the last 25 years...since 1999 so I know well how others are thinking.

Just my 2 cents.

LOL! He actually placed a smiley emoji at the end of that email?

Must be confident that the shares will be going up, huh?