PowerTap Hydrogen Capital Corp. is a holding company, which invests in growth-stage financing to private and public companies in various sectors including clean energy. It has investments in Canada and the USA.

The Hydrogen Fuel Cell Vehicle Market Could Grow From $651.9 Million in 2018 to $42,038.9 Million by 2026 at a CAGR of 66.9%, With the World Transitioning From Fossil Fuels, This is the Moment PowerTap Hydrogen Capital (NEO:MOVE) (OTCMKTS:MOTNF) Has Been Waiting For

• PowerTap Hydrogen Capital is an investment firm with a proven track record of success. It’s devoting most of its attention nowadays to the hydrogen fuel boom, with 94.5% equity in hydrogen filling subsidiary PowerTap.
• The hydrogen fuel cell vehicle market is forecasted to grow from $651.9 Million in 2018 to $42,038.9 Million by 2026 at a CAGR of 66.9%, and the global market size of the alternative fuel vehicle market could grow at a CAGR of 15.21% through 2025.
• Hydrogen Fuel has zero emissions, can travel for longer on less energy, decarbonizes industrial sectors, is easier to store and use, and has even shown success in space travel.
• Walmart, Amazon, UPS, the USPS, FedEx, and Toyota have already made robust investments into hydrogen.
• Pension Funds and governments are divesting from fossil fuels and encouraging the adoption of alternative fuels.
• Hydrogen Fueling Stations are the missing infrastructure link to making hydrogen usage more widespread.
• The company recently appointed racing legend Michael Andretti to the Powertrap advisory board, who will help the company build a hydrogen fuel station network through the U.S. and North America.
• Since bottoming on May 29, 2020, the stock has seen a return of as high as 11,384% at its peak in mid-January. It’s seen a nice pullback since then and is potentially trading at a nice entry point.

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Climate change is undeniable in our world. As a result, gasoline-powered cars could be a thing of the past within the next 15 years.

The winds of change already seem to be in motion too. Pension funds internationally and domestically are divesting from fossil fuels en masse. California’s Governor Gavin Newsom has already signed an executive order prohibiting the sale of gasoline-powered vehicles by 2035. Tesla, a non-gasoline-based automaker, is now the most valuable automaker globally in terms of market cap. General Motors and Ford are increasingly developing alternative fuel-based cars, and Toyota, Hyundai, and Honda already offer Hydrogen-powered vehicles.

Even Porsche claims that by 2030, more than 80% of its cars won’t be gasoline-based!

It’s pretty clear then why the hydrogen fuel cell vehicle market is forecasted to grow from $651.9 Million in 2018 to $42,038.9 Million by 2026 at a CAGR of 66.9%, and the global market size of the alternative fuel vehicle market could grow at a CAGR of 15.21% through 2025.

PowerTap Hydrogen Capital (NEO:MOVE) (OTCMKTS:MOTNF) has been waiting for this moment.

Who is PowerTap Hydrogen Capital (NEO:MOVE) (OTCMKTS:MOTNF)?

PowerTap Hydrogen Capital is an investment company with a proven track record of success. Since its first listing on January 23, 2019, PowerTap Hydrogen has made numerous investments in various sectors, such as oil and gas, cannabis, and tech.

Nowadays, PowerTap Hydrogen’s focus appears to be in biotech, pharmaceuticals, naturopathic sectors, and most of all, renewable energy. With a recent investment increase of 94.5% into hydrogen filling subsidiary PowerTap, PowerTap Hydrogen Capital is going all in the potential hydrogen fuel boom.

The business model with PowerTap relates entirely to the building and expanding a hydrogen filling station network for North America. With Powetap’s unique and patented hydrogen production technology, the company believes that 500 hydrogen filling stations could be fully operational in the USA alone within the next 3-5 years. But this could be a conservative estimate.

Why Hydrogen?

For one, Hydrogen Fuel Cells are/will be used to power trucks, buses, cars, and forklifts in factories. Walmart, Amazon, UPS, the USPS, FedEx, and Toyota have already made robust investments into Hydrogen.

Hydrogen also has zero emissions on roads and is a cleaner and “quieter” fuel alternative to petroleum.

It can also travel for longer distances with less energy.

Furthermore, it is decarbonizing industrial sectors, is easier to store and use, and appears to have had successful uses in space travel.

But there is a missing infrastructure link to make the widespread usage of this cleaner, more efficient energy widespread- Hydrogen Fueling Stations.

With hydrogen vehicle sales expected to grow exponentially, and vehicle companies such as Nikola, Toyota, Volvo/Daimler becoming more involved, the USA has a critical shortage of fueling stations. There are over 100,000 Gas Stations, 25,000+ Battery Electric Stations, yet under 70 Hydrogen Fueling Stations.

By 2030, there could be up to 4,300 large hydrogen fueling stations in the United States. This is nearly 70 times the number of operational large fueling stations that there were in 2019.

Investors seem to know this too. With such a demand for hydrogen, and the fact that it is relatively underexploited, just look at how some well-known hydrogen stocks have performed.

How can PowerTap be positioned to help?

PowerTap is a leading on-site hydrogen fueling technology and believes it can make Hydrogen at a lower cost than any other on-site hydrogen technology.

PowerTap Hydrogen costs under $2/kg- the lowest price in all of North America. It also has only 1/3 of the Hydrogen production costs of other hydrogen fueling companies. (Source: Page 10)

Because electricity is more expensive in the USA than in some parts of Europe, and more fossil fuel-based (65%+) in North America vs. Europe where wind and solar green electricity is more abundant, there is a legitimate avenue here PowerTap can exploit.

Renewable natural gas and natural gas are abundant and inexpensive resources in North America, and newer Carbon capture technologies make renewable natural gas-based Hydrogen a greener solution in North America than Electricity.

It also believes its solution is one of the greenest hydrogen production solutions for truck and car stops in North America.

Its on-site hydrogen production is also cheaper than buying Hydrogen from industrial producers via delivery by trucks and storage model- the current model. PowerTap’s smaller footprint is also a competitive advantage that could allow for co-existence between trucks and cars at existing fueling stations.

PowerTap also claims that it produces the same Hydrogen output in 1/5th space!

Additional advantages include:

• Smallest footprint Onsite Hydrogen system
• Operationally tested for over a decade
• Produces 99.995% pure hydrogen
• Designed to operate 4,000 hours without maintenance with 250 cold starts
• A life cycle of over 40,000 hours
• Fuel processor hanging tube design is expandable and designed for ease of maintenance

Production at the station level also allows PowerTap to realize attractive production carbon credits.

PowerTap Hydrogen has developed a pilot model in California to fund its construction of Hydrogen Fueling stations on existing gas station properties across the state with attractive public/private sector green loan programs that can fund 70%+ of Hydrogen infrastructure costs.

The funds earned from participation in the California LCFS (Upon Construction, Pre-Sales) hydrogen infrastructure program will allow the company to generate significant cash flow to service debt until there is revenue from Hydrogen sales.

What makes this so attractive is Carbon Credits will also be earned on hydrogen sold.

In 2020, the California Carbon credit market was a multi-billion $ industry, and it could continue to be so and more. Just take Tesla, for example. The company has over $1.6 billion worth of carbon credits.

PowerTap plans to do a revenue share with fuel stations in return for hosting PowerTap fueling stations at their current station locations.

Minimum Annual Carbon Credits For a 1250 kg PowerTap Fueling Station in California.

PowerTap also has 20+ issued patents and intellectual property.

• The fabrication method reduces the Fuel Processor unit’s overall footprint and is also critical to the system’s ability to thermal cycle in hours, not days.
• Provides improved reactance of catalysis and reduces catalysis crush during startup and shutdown periods.
• Greener solution than other SMR solutions.

Building North America’s Largest Hydrogen Fueling Network In Partnership with The Andretti Group

The company recently appointed racing legend Michael Andretti to the Powertrap advisory board. This partnership could give the company more exposure to a broader audience and lend them extensive credibility and resources.

Andretti said, “I’m particularly excited about helping the company grow rapidly over the coming years and serving as an advisor for PowerTap. The proprietary PowerTap technology provides critical and unique advantages as the global energy transition is in full swing. I believe hydrogen could play a critical role in the future of both consumer transportation and motorsport.”

Together with The Andretti Group, PowerTap aims to build the largest hydrogen fuel network in North America. PowerTap has a first-move advantage in the industry and tjere are 14 fueling locations across the U.S. that use PowerTap’s technology. More could be on the way.

PowerTap Hydrogen Capital (NEO:MOVE) (OTCMKTS:MOTNF) — Strong Returns and Technicals

Since the stock bottomed at $0.02 a share on May 29, 2020, what a run it’s seen. Since the bottom, PowerTap Hydrogen Capital’s stock surged to a high of $2.63 a share on January 19, 2021- an astounding return of more than 11,384%. Since then, the stock has seen a nice pullback while still seeing robust gains since the bottom and trading at a mouth-watering entry point.

The stock also has some very enticing technical indicators in the short-, medium, and long-term. These technicals include the 20 – 50 Day MACD Oscillator, 20 – 100 Day MACD Oscillator, 20 – 200 Day MACD Oscillator, 50 Day Moving Average, 50 – 100 Day MACD Oscillator, 50 – 150 Day MACD Oscillator, 50 – 200 Day MACD Oscillator, 100 Day Moving Average, 150 Day Moving Average, 200 Day Moving Average, and 100 – 200 Day MACD Oscillator.

CEO Interview

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Strong Management Team

A high-quality and robust management team with a proven track record of success and business acumen also leads PowerTap Hydrogen Capital.

Raghu Kilambi — CEO and CFO
Raghu Kilambi is an experienced investor and entrepreneur with over 25 years of global business experience in public and private investments, building businesses, and creating shareholder value. He has raised over $1 billion of equity and debt capital for private and public companies and has been involved in many M&A acquisitions and exits. Raghu’s experience includes operational management, financial reporting, corporate governance, corporate finance, public offerings, strategic acquisitions and investments, international business development, merchant banking, and corporate restructuring in technology, telecom, and mobile.

Raghu was recently Vice Chairman & CFO of California-based ConversionPoint (e-Commerce software/services), which sold in 2 M&A exits in late 2019 and early 2020 after filing a Nasdaq IPO prospectus for an Oppenheimer-led IPO in 2019.

Also, Raghu was previously the Co-Founder, CFO, and Chief Strategy Officer of a leading V.C.-backed first-generation application hosting company that grew from startup to $140 million in annual revenues and a peak Nasdaq market capitalization of over $2 billion. Raghu has also been an investor in companies that Yahoo, eBay, and CGI acquired.

He graduated with Great Distinction with a Bachelor of Commerce and a Graduate Diploma in Public Accounting from McGill University and qualified as a Canadian Chartered Accountant (inactive).

Salim Rahemtulla — President
Salim Rahemtulla has over 30 years of private and public sector experience in real estate development, asset management, banking/lending, operations, and facilities management.

A former U.S. naval officer, he has managed and lead cross-functional teams in the execution of $2B in public and private sector residential construction projects primarily across Southern California, worked as a construction lender and in loan portfolio management at two major financial institutions, consulted on real estate/affordable housing projects in Los Angeles, and has served as the mission protection/land-use compatibility program manager at a major naval installation with a large-scale military airfield and a deep-draft port.

Salim has been involved in several real estate and renewable energy startup companies over the past decade, most significantly, FotonTechnologies. FotonTechnologies is a renewable energy company that has developed a proven clean, green gasification technology to produce electricity using opportunistic biomass feedstock and municipal solid waste and a real estate fund under the auspices of a Southern California based investment bank. During this time, he also supported the Navy and Marine Corps as a director of asset/facilities management, overseeing the planning and development of mission-critical projects at a U.S. naval installation support RDT&E and mission-focused warfare center facilities projects.

Salim has an undergraduate degree from the University of Southern California (USC) in economics, emphasizing Social Sciences and Communication and an MBA from USC’s Marshall School of Business.

Kelley Owen — Chief Operating Officer
Kelley Owen has over 25 years of experience in executive business management and I.T. consulting, including senior management positions in several corporations.

At Discount Tires, he served as a director and member of the executive management, sharing responsibility for the operation of its 135 locations with over 800 employees throughout California and Arizona. At International Transportation Services (Kline), he acted as a director in charge of Information Technology and member of the executive management team operating four terminals with over 500 employees consisting of Long Shore Union members and management personnel transporting cargo worldwide. Also, he was a senior consultant at Nestlé Corporation, working on implementing the company’s warehouse distribution system, a nationwide project covering Nestle’s eight distribution centers with a total warehousing capacity exceeding eight million square feet.

Cody Bateman — Technology Advisor
Cody founded Advantex Research Inc. to create complex simulations to optimize exploration and extraction techniques for the oil & gas industry. During the last 30 years, the company has transformed itself several times while working in 11 countries and serving several government sectors, advanced research facilities, airlines, multi-national pharmaceutical companies, and a full range of organizations in the energy sector. He began working with NASA at Kennedy Space Center in 2012 on advanced insulation for cryogenic environments. During that time, he has become a subject matter expert in cryogenic testing and the manufacture of several advanced test instruments used at NASA. In 2018, the company rebranded itself as Cryotek LLC when it decided to concentrate on the future of liquid Hydrogen as the fuel of the future and has become a leader in Cryogenic Engineering by leveraging its long-term relationships with several large partners. The company now focuses on technology commercialization of liquid Hydrogen for vehicles, drones, maritime applications, large scale storage, thermal insulation systems, and supply infrastructure.

Cody has a B.S. in Electrical Engineering from Texas A&M and an MBA from Duke University (Top 10 grad).

Dave Rogers — PowerTap Advisory Board
Dave Rogers is the Founder & CEO of Amp Energy, an energy transition platform company. Founded in 2009, Amp has become one of the leading global renewables companies, having successfully developed and built over 1.8 gigawatts renewable generation projects, hybrid generation plus battery storage projects, and stand-alone battery storage projects around the world, alongside a further 2.0 GW of generation and 2.2 GWh of battery storage assets in construction or entering construction in 2021. With the addition of Amp X, its fully integrated proprietary digital energy platform, Amp has emerged as a differentiated and unique global energy transition platform. Based in Toronto, Canada, with operations throughout North America, Japan, Australia, India, the U.K., Iberia, and the Czech Republic, Amp’s international team brings deep expertise and thought leadership to every aspect of the energy industry. Amp has successfully raised over $2.5Bn of ESG-focused capital from global pension funds, two of the Walton family offices, Apollo Group, Power Corp, and others. Before Mr. Rogers founding Amp in 2009, he was the head of carbon markets and Front Street Capital, a $3.5Bn investment manager, where he was responsible for the origination, sale, and trading of carbon credits both privately and through public exchanges globally.

George Steinbrenner IV — PowerTap Advisory Board
George Steinbrenner IV is the youngest team owner within the NTT INDYCAR Series. His embrace of practicing sustainability, reinforced by leadership and examples within his family and related businesses, adds to a commitment to following the lead of INDYCAR in having announced a planned move to implement single-source hybrid systems beginning in 2023. George brings his long-term view to the ambitious aim of supporting the message of sustainability within motorsport by actively pursuing unique initiatives. These initiatives include running an alternative fuel transporter and companion generator to achieve a carbon-neutral footprint, helping to implement comprehensive recycling programs across the INDYCAR landscape, and leading an effort to implement green power at campsites across the INDYCAR schedule. In 2016, in collaboration with Michael Andretti and Andretti Autosport, George founded Steinbrenner Racing, an American-based motorsports team competing within the NTT INDYCAR Series and a related and developmental series designed to groom future INDYCAR Series stars. Steinbrenner Racing enters a fifth overall year of competition in 2021, having earned eleven race wins, fifteen poles, and twenty-nine total podiums in total. A member of a family known for winning and success with the New York Yankees, George has shown a passion for racing from an early age and a commitment toward eventual team ownership by beginning his leadership path as an intern.

Greg Nuttall — PowerTap Advisory Board
Greg Nuttall is one of the founding CEOs of the world’s first waste-to-fuel company, Toronto-based Woodland Biofuels (www.woodlandbiofuels.com). As Woodland’s CEO, Greg has taken Woodland’s groundbreaking automotive fuel technology from drawing board to proven production. Along the way, he has forged relationships around the globe with governments, key financial players, oil and gas companies, engineering & construction firms, and feedstock providers. Woodland has raised significant institutional capital from the USA and Canadian cleantech funds, strategic investors, and Canadian governments. Before becoming CEO of Woodland, Greg was a partner at Rubicon Investment Group, a merchant bank focused on accelerating the companies it acquires and investing in. Before this, Greg was co-founder and CEO of a leading management consulting firm that helps large and mid-sized organizations in Canada and the United States. At the outset of his career, Greg was an M&A and corporate finance lawyer. As a lawyer, he practiced at Clifford Chance, one of the world’s largest law firms, where he was based in London, and at Torys, a leading corporate law firm based in Toronto. Greg earned his Master of International Laws degree at Cambridge University and is a Pegasus Scholar.

Michael Andretti — PowerTap Advisory Board
Second-generation auto racing legend Michael Andretti, the namesake of international racing enterprise Andretti Autosport, hung up his helmet in 2003 making the full-time transition from driver to business leader. Andretti leads his businesses with the same focus and determination he showed behind the wheel of a race car and has grown the Andretti Autosport brand to global recognition, boasting a championship pedigree.

Andretti is also a founding partner of Andretti Group, dating back to 1997. The Andretti Group family of companies has grown rapidly to include chain of over 100 Retail Fuel/Convenience Store/Quick Service Restaurant (QSR) operations; Branded and Unbranded Wholesale Fuel operations; Trucking/Logistics operations; Card Lock/Fleet Fueling operations; and Full-Service Factory Authorized Maintenance operations. The enterprise operates and/or supplies facilities under the Chevron, Texaco, Shell, 76, Circle K, Pacific Pride, and CFN brands, amongst others, in a geography spanning California, Oregon, and Washington.

Expectations are high when you enter the world of racing with a name like Andretti, and Michael Andretti has been raising the bar as a driver, team owner and businessman throughout his illustrious career. Andretti knows the importance of striving for excellence and pushes to move from good to great. He raises the bar and sets new standards. He knows what it takes to be a Champion.

The 1991 CART series champion retired from professional racing as the winningest driver in CART history with 42 victories. He is also second on the list of INDYCAR laps led, right behind his father, Mario Andretti, with 6,702. Additionally, Andretti has been inducted into the Motorsports Hall of Fame (2008), the Canadian Motorsports Hall of Fame (2012) and was voted as one of CART’s most popular drivers.

Andretti commented, “I’m particularly excited about helping the company grow rapidly over the coming years and serving as an advisor for PowerTap. The proprietary PowerTap technology provides critical and unique advantage as the global energy transition is in full swing. I believe hydrogen could play a critical role in the future of both consumer transportation and motorsport.”

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6) This document contains forward-looking information and forward-looking statements, within the meaning of applicable Canadian securities legislation, (collectively, “forward-looking statements”), which reflect management’s expectations regarding Powertap Hydrogen Capital Corp’s future growth, future business plans and opportunities, expected activities, and other statements about future events, results or performance. Wherever possible, words such as “predicts”, “projects”, “targets”, “plans”, “expects”, “does not expect”, “budget”, “scheduled”, “estimates”, “forecasts”, “anticipate” or “does not anticipate”, “believe”, “intend” and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative or grammatical variation thereof or other variations thereof, or comparable terminology have been used to identify forward-looking statements. 

These forward-looking statements include, among other things, statements relating to: 

(a) revenue generating potential with respect to Powertap Hydrogen Capital Corp’s industry; 

(b) market opportunity;

(c) Powertap Hydrogen Capital Corp’s business plans and strategies; 

(d) services that Powertap Hydrogen Capital Corp intends to offer; 

(e) Powertap Hydrogen Capital Corp’s milestone projections and targets;

(f) Powertap Hydrogen Capital Corp’s expectations regarding receipt of approval for regulatory applications; 

(g) Powertap Hydrogen Capital Corp’s intentions to expand into other jurisdictions including the timeline expectations relating to those expansion plans; and 

(h) Powertap Hydrogen Capital Corp’s expectations regarding its ability to deliver shareholder value. 

Forward-looking statements are not a guarantee of future performance and are based upon a number of estimates and assumptions of management in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, as of the date of this document including, without limitation, assumptions about: 

(a) the ability to raise any necessary additional capital on reasonable terms to execute Powertap Hydrogen Capital Corp’s business plan;

(b) that general business and economic conditions will not change in a material adverse manner; 

(c) Powertap Hydrogen Capital Corp’s ability to procure equipment and operating supplies in sufficient quantities and on a timely basis; 

(d) Powertap Hydrogen Capital Corp’s ability to enter into contractual arrangements with additional Pharmacies; 

(e) the accuracy of budgeted costs and expenditures; 

(f) Powertap Hydrogen Capital Corp’s ability to attract and retain skilled personnel; 

(g) political and regulatory stability; 

(h) the receipt of governmental, regulatory and third-party approvals, licenses and permits on favorable terms; 

(i) changes in applicable legislation; 

(j) stability in financial and capital markets; and 

(k) expectations regarding the level of disruption as a result of CV-19. 

Such forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance, or achievements of Powertap Hydrogen Capital Corp to be materially different from any future plans, intentions, activities, results, performance, or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: 

(a) Powertap Hydrogen Capital Corp’s operations could be adversely affected by possible future government legislation, policies and controls or by changes in applicable laws and regulations; 

(b) public health crises such as CV-19 may adversely impact Powertap Hydrogen Capital Corp’s business; 

(c) the volatility of global capital markets; 

(d) political instability and changes to the regulations governing Powertap Hydrogen Capital Corp’s business operations 

(e) Powertap Hydrogen Capital Corp may be unable to implement its growth strategy; and 

(f) increased competition. 

Except as required by law, Powertap Hydrogen Capital Corp undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future event or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. Neither does Powertap Hydrogen Capital Corp nor any of its representatives make any representation or warranty, express or implied, as to the accuracy, sufficiency, or completeness of the information in this document. Neither Powertap Hydrogen Capital Corp nor any of its representatives shall have any liability whatsoever, under contract, tort, trust or otherwise, to you or any person resulting from the use of the information in this document by you or any of your representatives or for omissions from the information in this document. 

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