FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF) today issued a statement regarding unsanctioned, misleading and potentially manipulative stock promotion being conducted by unidentified third parties. FuelPositive became aware of some misleading promotional material on Feb. 3, 2022, however, is not aware of the full nature and content of the promotional activity, the extent of the dissemination or who is behind it. The company is actively investigating the matter. “There has been some misleading anonymous third-party promotion that has come to our attention. It is not sanctioned or sponsored by FuelPositive and the information should not be relied upon. It has not affected our trading activity, however, we felt it was important to advise investors that it is going on. We are taking this action to protect our reputation and to prevent investors from being misled,” said Ian Clifford, FuelPositive CEO and board chair. “We are not saying that all third-party content should not be relied upon, as there is positive and balanced media coverage that we want to encourage. But we cannot assure the accuracy of information published by third parties. Investors should only make decisions based on the advice of registered advisors.”
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About FuelPositive Corporation
FuelPositive is a Canadian growth-stage technology company committed to providing commercially viable and sustainable “cradle to cradle” clean technology solutions, including green ammonia (“NH3”), for use across a broad spectrum of industries and applications. By focusing on technologies that are clean and economically advantageous/realizable, the company aims to change the course of climate change through practical solutions that can be implemented now. The company’s core technology, a modular and scalable green ammonia system, takes air, water and sustainable electricity and synthesizes it into a non-polluting chemical for multiple applications, including fertilizer for farming, fuel for internal combustion engines and a solution for grid storage. Green ammonia is being considered as a replacement for fossil fuels and as a key enabler of the hydrogen economy. The company’s most recent corporate update, presented in November, can be found here. For more information, visit www.FuelPositive.com.
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