BNET Industries
Market Cap:$446.9K
Last Fiscal Year Sales:$1.4M
- Public
- US
Dow Jones Description
Chiste Corporation (referred to herein as the "Company", "Chiste", "we", "our", or "us") was incorporated in Nevada in July 1999 as TSI Handling, Inc. ("TSIH"). Dyna-Cam Engine Corporation, our predecessor, was originally incorporated in California in 1993 ("DCEC California"). Effective March 31, 2000, TSIH acquired all of the assets of DCEC California and shortly thereafter the Company changed its name to Dyna-Cam Engine Corporation ("Dyna-Cam"). Dyna-Cam was in the business of developing an axial cam-drive, free piston design, internal combustion engine. We financed some of the Dyna-Cam engine development by borrowing from Aztore Holdings, Inc. ("Aztore"). On June 30, 2003, the Company disposed of all the Dyna-Cam operating assets (the "Asset Disposition"). Upon closing the Asset Disposition, resulting in a change of control, Aztore Holdings, Inc. ("Aztore") became the Company's controlling stockholder. As a result of the Asset Disposition, the Company no longer had any meaningful business assets, operations or sources of revenue. The Company plans to pursue and negotiate a business combination or other strategic transaction. Ultimately, the continuation of the Company as a going concern is dependent upon the establishment of profitable operations. Because the achievement of these plans is dependent on future events, there can be no assurance that future profitable operations will occur as planned.
Chairman and Chief Executive OfficerLeo Blomen
Contact Information
1801 Route 51 South
Jefferson Hills, Pennsylvania 15025
480-759-9400
NAICS Code All Other Miscellaneous Electrical Equipment and Component Manufacturing: 335999
News & Analysis
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hydrogen corp. - All News and Analysis
HydroGen Corporation Reports Results for the Fiscal Year Ended December 31, 2006
CLEVELAND -- HydroGen Corporation (Nasdaq: HYDG), a designer and manufacturer of multi-megawatt air-cooled phosphoric acid fuel cell PAFC systems, today announced its financial results for the year ended December 31, 2006. HydroGen Corporation is currently in the development stage and is expected to remain so for at least the next...
Additional Resources
GLRE, HYDG, IPSU, MIPI, RACK, ICPR Have Also Been Removed From Naked Short List Today.
M2 PRESSWIRE-24 March 2008-BUYINS.NET: GLRE, HYDG, IPSU, MIPI, RACK, ICPR Have Also Been Removed From Naked Short List TodayC1994-2008 M2 COMMUNICATIONS LTD RDATE:24032008 BUYINS.NET, www.buyins.net, announced today that these select companies have been removed from the NASDAQ, AMEX and...
ABN, ATN, HYDG, IDMI, AITX Have Been On BUYINS.NET Naked Short List For 13 Consecutive Trading Days.
M2 PRESSWIRE-5 March 2008-BUYINS.NET: ABN, ATN, HYDG, IDMI, AITX Have Been On BUYINS.NET Naked Short List For 13 Consecutive Trading DaysC1994-2008 M2 COMMUNICATIONS LTD RDATE:05032008 BUYINS.NET, www.buyins.net, announced today that these select companies have been on the NASDAQ, AMEX...
ABN, ATN, DYS, CHRT, GRVY, HYDG Have Been Added To Naked Short List Today.
M2 PRESSWIRE-15 February 2008-BUYINS.NET: ABN, ATN, DYS, CHRT, GRVY, HYDG Have Been Added To Naked Short List TodayC1994-2008 M2 COMMUNICATIONS LTD RDATE:15022008 BUYINS.NET, www.buyins.net, announced today that these select companies have been added to the NASDAQ, AMEX and NYSE...
Pennsylvania NanoMaterials Commercialization Center Funds Fuel Cell Company
Wireless News10-22-2007Pennsylvania NanoMaterials Commercialization Center Funds Fuel Cell CompanyWIRELESS NEWS-October 22, 2007-Pennsylvania NanoMaterials Commercialization Center Funds Fuel Cell Company C2007 10Meters - http://www.10meters.com The Pennsylvania NanoMaterials Commercialization Center has announced that it has funded HydroGen Corp. to develop and manufacture enhanced performance hydrogen fuel cell electrodes. The new electrodes...
HydroGen Corp. Reaches Key Milestone in Commercialization of Its Phosphoric Acid Fuel Cell Systems
ENERGY RESOURCE-13 December 2006-HydroGen Corp. Reaches Key Milestone in Commercialization of Its Phosphoric Acid Fuel Cell SystemsC2006 JeraOne - http://www.jeraone.com HydroGen Corporation, a manufacturer of multi-megawatt air-cooled phosphoric acid fuel cell PAFC systems, today said it has completed its 2.5-kilowatt PAFC test facility and the successful operation of...
HydroGen Corporation Names Retired Dow Chemical Executive to Advisory Board
William Jewell Also Appointed as Senior Sales Consultant CLEVELAND -- HydroGen Corporation (OTCBB: HYDG), a designer and manufacturer of multi-megawatt air-cooled phosphoric acid fuel cell PAFC systems, today announced the appointment of Mr. William Jewell to the company's advisory board. In this position, Mr. Jewell will advise the...
HydroGen Corp. to Present at Friedland Alternative Energy Conference
ENERGY RESOURCE-24 October 2006-HydroGen Corp. to Present at Friedland Alternative Energy ConferenceC2006 JeraOne - http://www.jeraone.com Joshua Tosteson, president of HydroGen Corporation, a designer and manufacturer of multi-megawatt air-cooled phosphoric acid fuel cell PAFC systems, will present an overview of the company's recently announced developments at the Friedland Investment...
HydroGen Corp. to Install, Operate Fuel Cell Demo Plant at ASHTA Site in Ohio
ENERGY RESOURCE-17 October 2006-HydroGen Corp. to Install, Operate Fuel Cell Demo Plant at ASHTA Site in OhioC2006 JeraOne - http://www.jeraone.com HydroGen Corporation, a designer and manufacturer of multi-megawatt air-cooled phosphoric acid fuel cell PAFC systems, has signed a definitive agreement with ASHTA Chemicals Inc. to install and operate...
Pennsylvania Energy Development Authority Awards Grant to HydroGen Corp. for Planned Fuel Cell System
ENERGY RESOURCE-11 October 2006-Pennsylvania Energy Development Authority Awards Grant to HydroGen Corp. for Planned Fuel Cell SystemC2006 JeraOne - http://www.jeraone.com The Pennsylvania Energy Development Authority PEDA recently granted HydroGen Corporation $250,000 to support the application of a planned two-megawatt fuel cell system. HydroGen, a designer and...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Joshua Tosteson | President and Director |
| Larry Scott Wilshire | Chief Operating Officer |
| Scott M. Schecter | Chief Financial Officer |
| Scott Wilshire | Chief Operating Officer |
| Gregory Morris | Senior Vice President, Sales and Projects |
| Bill Smith | Founder |
| Patrick Serfass | Co-Editor |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Leo Blomen | Chairman and Chief Executive Officer |
| Alton D. Romig | Board of Directors |
| Brian Bailys | Board of Directors |
| Brian McGee | Board of Directors |
| Christopher Sacre | Vice Chair |
| Howard Shapiro | Board of Directors |
| John Freeh | Board of Directors |
| Michael E. Basham | Board of Directors |
| Philip J Kranenburg | Board of Directors |
Dr. Leo Blomen is the Chairman and Chief Executive Officer of HydroGen, and his services are made available through a Dutch management consulting firm that charges HydroGen a biweekly management fee for his services. The basic terms of an agreement between the management firm and HydroGen have been negotiated, and formalization of an agreement should be finalized in early 2007. Blomenco's current fee arrangement totals approximately 252,000 per annum for 80% of Dr. Blomen's time. Blomenco will also be reimbursed for benefits that it provides Dr. Blomen, so long as such benefits are similar to those provided to HydroGen's executive officers. Through Blomenco, Dr. Blomen can also earn bonuses from HydroGen, and HydroGen has agreed to provide Blomenco with its usual management fee, bonus payment and benefits for one year following termination without cause.
| Organization | Position | Status |
|---|---|---|
| Hydrogen Corp | Chairman and Chief Executive Officer | Current |
| Efcg | Co-Founder | Current |
| Leiden University | Doctorate | Former |
| Delft University | Degree In Chemical Technology | Former |
| Organization | Position | Status |
|---|---|---|
| Hydrogen Corp | President and Director | Current |
| Hydrogen Corp | Co-Founder | Current |
| Fullcircle LLC | Co-Founder | Current |
| Hydrogen Corp | Director | Current |
| Organization | Position | Status |
|---|---|---|
| Hydrogen Corp | Chief Operating Officer | Current |
| Plug Power Inc. | Director of Marketing Engagement | Former |
| Kapl, Inc. | Former | |
| United States Merchant Marine Academy | Bachelor of Science Degree In Marine Engineering, Nuclear Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Hydrogen Corp | Chief Financial Officer | Current |
| DayStar Technologies, Inc. | Director | Current |
| Biemedia | Director | Current |
| Clean Diesel Technologies, Inc. | Chief Financial Officer | Former |
| Fuel Tech, Inc | Chief Financial Officer | Former |
| Fuel Tech, Inc | Vice President | Former |
| DayStar Technologies, Inc. | Director and Chairman of Audit Committee | Former |
| Fuel Tech, Inc | Treasurer | Former |
| Wharton Graduate School of the University of Pennsylvania | MBA | Former |
| State University of New York at Albany | Bachelor of Science Degree In Accounting | Former |
| Wharton Graduate School of the University of Pennsylvania | Finance and Entrepreneurial Management | Former |
| DayStar Technologies, Inc. | Member | Former |
Mr. Scott Wilshire has been HydroGen's Chief Operating Officer since March 2005. From November 2000 to March 2005, Mr. Wilshire was Director of Marketing Engagement of Plug Power Inc., a development stage company that designs, develops and manufactures on-site electric power generation systems using proton exchange membrane fuel cells for stationary applications. From March 1999 to November 2000, Mr. Wilshire was the Director of Large Stationary Systems/GE Interface of Plug Power Inc., responsible for a joint venture with General Electric Company working in the development of a residential fuel cell product and directing marketing and product development for Plug Power's first successful large-scale fuel cell system. From April 1986 to March 1999 Mr. Wilshire was employed at KAPL Inc, a Lockheed Martin Company, in various capacities, including Principal Field Engineer from 1986 to 1993, Lead Engineer, Materials and Maintenance from 1993 to 1995 relating to engineering, planning and execution of an inactivation of a nuclear reactor test facility, Manager of S9G Servicing Development from 1995 to 1997 responsible for design and development of major systems and equipment support for the installation and servicing of advanced submarine power plants, and Manager of Pressure Vessel Removal from 1997 to 1999 responsible for removal and disposal of three expended naval nuclear power plant reactor vessels. Mr. Wilshire was employed by GE Nuclear Energy as a nuclear field engineer from 1984 to 1986. He received a Bachelor of Science degree in Marine Engineering/Nuclear Engineering from the United States Merchant Marine Academy, a Master of Business Administration from Rensselaer Polytechnic Institute, and completed the U.S. Navy Nuclear Power Engineering School.
| Organization | Position | Status |
|---|---|---|
| Hydrogen Corp | Chief Operating Officer | Current |
| Plug Power Inc. | Director of Marketing Engagement | Former |
| Kapl, Inc. | Former | |
| United States Merchant Marine Academy | Bachelor of Science Degree In Marine Engineering, Nuclear Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Hydrogen Corp | Senior Vice President, Sales and Projects | Current |
| De Nora LLC | CEO | Former |
| De Nora LLC | President | Former |
| The University of Oklahoma | Bachelor of Science Degree In Mechanical Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Infinity Fuel Cell and Hydrogen, Inc | President and CEO | Current |
| Hydrogen Corp | Founder | Current |
| Infinity Fuel Cell and Hydrogen, Inc | Founder | Current |
| Infinity Fuel Cell and Hydrogen, Inc | Owner | Current |
| Proton | Vice President of Business Development | Former |
| University of Connecticut | Undergraduate Degree In Physics | Former |
| Organization | Position | Status |
|---|---|---|
| Technology Transition Corporation, Ltd | Director, Business and Technology Development | Current |
| Hydrogen Corp | Co-Editor | Current |
| Technology Transition Corporation, Ltd | Board of Directors | Current |
| Technology Transition Corporation, Ltd | Manager | Former |
| Dartmouth College | Bachelor of Arts In Engineering Sciences | Former |
Dr. Romig is currently Vice President for Science & Technology and Partnerships, and Chief Technology Officer at Sandia National Laboratories, Albuquerque, N.M. He is also Chief Scientist for the Nuclear Weapons program at the laboratory and is accountable for Sandia's partnership program with industry and the university community. Dr. Romig's responsibilities include the leadership and management of research, development and engineering in nanosciences, materials and process sciences, microelectronics/microsystems and optoelectronics, advanced manufacturing, and high energy/plasma physics. Dr. Romig has approximately 160 technical publications, is the co-author of three textbooks, and holds two patents. He is a Past-President of ASM International (formerly American Society for Metals). He is currently the Chair of the ASM Education Foundation. He also serves on the Boards of Technology Venture Corporation, a Lockheed Martin subsidiary dedicated to technology commercialization, and the National Coalition on Advanced Manufacturing (NACFAM). He received his B.S., M.S. and Ph.D. degrees in materials science and engineering from Lehigh University in 1975, 1977 and 1979, respectively.
| Organization | Position | Status |
|---|---|---|
| Sandia National Laboratories | Chief Technology Officer | Current |
| Council Ventures, LP | Chief Technology Officer at Sandia National Labs | Current |
| NACFAM | Board of Directors | Current |
| Hydrogen Corp | Board of Directors | Current |
| Lockheed Martin Corporation | Board of Directors | Former |
| Lehigh University | B.S., M.S. and Ph.D. Degrees In Materials Science | Former |
| Organization | Position | Status |
|---|---|---|
| Lifex | Chief Financial Officer | Current |
| The Bailys Group | Certified Public Accountant | Current |
| The Ohio State University | Bachelor of Science Degree In Business Administration | Former |
| Hydrogen Corp | Board of Directors | Current |
Brian T. McGee joined Intellon as Senior Vice President and Chief Financial Officer in January 2007. With over 20 years in business and financial management, Brian was most recently Vice President, Finance and Chief Financial Officer of Lexar Media, Inc. Before joining Lexar, he held positions as Vice President, Finance and/or Chief Financial Officer of several other technology companies, including Equator Technologies, Inc., SmartAge.com and Academic Systems Corporation. Earlier in his career, he held other senior financial positions with Raychem Corporation. Brian received his Bachelor of Science in Finance from California Polytechnic State University at San Luis Obispo. He also holds a Certificate in Management Accounting.
| Organization | Position | Status |
|---|---|---|
| Intellon Corporation | Cfo & Senior Vice President | Current |
| Lexar Media, Inc. | Board of Directors | Current |
| Hydrogen Corp | Board of Directors | Current |
| Lexar Media, Inc. | Vice President, Finance and Chief Financial Officer | Former |
| Equator Technologies, Inc. | Chief Financial Officer | Former |
| Lexar Media, Inc. | Vice President, Corp Development | Former |
| Raychem | Former | |
| San Luis Obispo Co | B.S. In Business Administration | Former |
| California Polytechnic State University, San Luis Obispo | Bachelor of Science In Finance | Former |
| California Polytechnic State University | B.S. In Business Administration | Former |
Mr. Sacre has over 14 years of experience as a project coordinator and manager. With a background in business, field and design office experience, he has developed a strong ability to foresee construction difficulties and apply a practical approach to their resolution. Chris's corporate responsibilities include customer service, business management, and project coordination.
| Organization | Position | Status |
|---|---|---|
| Sacre-Davey Engineering Ltd | K. President | Current |
| Energy Limited | Director | Current |
| Hydrogen Corp | Vice Chair | Current |
| Sacre-Davey Engineering Ltd | Project Coordinator | Former |
| Organization | Position | Status |
|---|---|---|
| Hydrogen Corp | Board of Directors | Current |
Mr. John J. Freeh, Director of HydroGen, served as president of LM Systems Management and as an officer of Lockheed Martin from July 2001 until his retirement in February 2007. Mr. Freeh was responsible for Lockheed Martin's Defense, Energy and National Security Services businesses. From January, 1993 to 2001, Mr. Freeh was the president and general manager of KAPL, Inc. KAPL, Inc designed, developed and tested naval nuclear reactors and propulsion systems and operated land passed nuclear power prototypes to test reactor and propulsion system designs. From 1974 to 1993, Mr. Freeh held other positions with KAPL, Inc., including Manager - Computer Information Systems, Manager - Special Projects, Manager - Prototype Programs and Design and Manager - Prototype Engineering.
| Organization | Position | Status |
|---|---|---|
| Hydrogen Corp | Board of Directors | Current |
| Kapl, Inc. | President | Former |
| Kapl, Inc. | General Manager | Former |
| Organization | Position | Status |
|---|---|---|
| Howard Energy Corp | Executive Vice President for Finance and Planning | Current |
| Hydrogen Corp | Board of Directors | Current |
| Norden Capital | Chief Executive Officer | Former |
| First Fidelity Bank | Executive Vice President | Former |
| Ernst & Young | Principal | Former |
| Prospect Energy Corporation | Board of Directors | Former |
| University of South Carolina | MBA | Former |
| University of Southern Mississippi | Bachelor of Science Degree | Former |
| United States Air Force Academy | Former |
Kranenburg Capital Management LLC manages traditional managed accounts and the Kranenburg Fund. He is a registered investment advisor with over 20 years of experience advising, operating and investing in growth companies. He has been active in building and investing in businesses in a variety of sectors as a corporate manager with significant impact on the bottom line. Mr. Kranenburg has expertise as a ford University.
| Organization | Position | Status |
|---|---|---|
| Kranenburg Funds | Managing Director | Current |
| Kranenburg Cpas | Current | |
| Hydrogen Corp | Board of Directors | Current |
| San Rafael Chamber of Commerce | Board of Directors | Current |
| California Society of Certified Public Accountants | Board of Directors | Current |
| Kranenburg Funds | Board of Directors | Current |
| San Rafael Chamber of Commerce | Member | Current |
| California Society of Certified Public Accountants | Member | Current |
| College of Marin | Trustee | Former |
| Shearson Lehman | Former | |
| Stanford University | BA | Former |
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