Fernhill Corporation Announces Lithium Hybrid Energy Storage System Patent Update
07 Décembre 2017 - 3:30PM
InvestorsHub NewsWire
Fernhill Corporation Announces Lithium Hybrid Energy Storage
System Patent Update
Fountain Hills, AZ -- December 07, 2017 -- InvestorsHub NewsWire
-- Fernhill Corporation. (OTC PINK:
FERN),Fernhill Corporation is pleased to report that patent
application titled, CAPACITOR-LITHIUM HYBRID BATTERY ENERGY
STORAGE SYSTEM, WITH SYSTEM MANAGEMENT has been filed and assigned
U.S. Patent App. Serial No. 62/592,847.
CEO Adam Kovacevic Commented, "We are pleased with the current
progress of our patent application and believe that there is
significant underlying value in the future of advanced hybrid
energy storage systems."
Hybrid battery storage systems can allow for greater flexibility
to its users in system stability, capacity, and thermal safety.
Combining proven technologies, with sophisticated balancing
controls can allow for safe and stable power storage. Hybrid
battery storage systems can be customized to address a significant
array of applications that are difficult to address with one
available technology alone.
Kovacevic continues, "An advanced Hybrid battery system can
offer accelerate charging speeds, as well as higher current
availability for the most demanding applications. We believe that
future development of this technology could prove to have a
significant impact on numerous diverse industries. Advanced hybrid
storage systems are ideal but not limited to, electric vehicles,
heavy equipment, emergency and portable power as well as UPS
(uninterruptable power supplies) which are critical for computer
systems and telecommunication equipment."
Fernhill's corporate objective is to develop and acquire new
innovative technologies in the solar and battery management
industries.
In addition, Fernhill Corporation plans to begin developing a
defense fund for protection of our current and future patents.
Management believes that the use of several financial tools will be
required to fully finance this defense fund. Management will
evaluate and use the best available method for protection of
shareholder value and is receptive to using alternative methods for
value protection and reducing corporate equity dilution to its
shareholders. Management will be meeting with corporate attorneys
to determine the maximum amount of capital allowable for a defense
fund.
The corporation has also approved the hiring of an independent
third party to determine a valuation for each of the technologies
developed and acquired. We will be expecting a third party to
provide management a numerical valuation determination, publish a
white paper and provide management with relative research for
commercial development into several mature and emerging
industries.
About Fernhill Corporation
Incorporated in Nevada with operations in North America,
Fernhill Corporation is currently focused on development,
acquisitions and or partnerships in energy based sectored
businesses. Fernhill Corporations core products are based in
alternative powered products in the renewable energy and technology
sectors. The Fernhill corporate asset base will be established by
its current and future patent applications.
Safe Harbor Act: Forward-Looking Statements are included within
the meaning of Section 27A of the Securities Act of 1933, and
Section 21E of the Securities Exchange Act of 1934, as amended. All
statements regarding our expected future financial position,
results of operations, cash flows, financing plans, business
strategy, products and services, competitive positions, growth
opportunities, plans and objectives of management for future
operations, including words such as "anticipate," "if," "believe,"
"plan," "estimate," "expect," "intend," "may," "could," "should,"
"will," and other similar expressions are forward-looking
statements and involve risks, uncertainties and contingencies, many
of which are beyond our control, which may cause actual results,
performance, or achievements to differ materially from anticipated
results, performance, or achievements. We are under no obligation
to (and expressly disclaim any obligation to) update or alter our
forward-looking statements, whether as a result of new information,
future events or otherwise.
Contact:
Steven Weiss
Kinsley Street Investors
steveweiss@kinsleystreet.com
www.kinsleystreet.com
609.619.7908
Contact:
Adam Kovacevic
info@fernhillcorporation.com
Fernhill (PK) (USOTC:FERN)
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