Sustainable Power Corp. Shareholder Update

BAYTOWN, TX--(Marketwire - 09/03/09) - Sustainable Power Corp. (Pinksheets:SSTP - News) presented the following communication from its Chairman, President and Chief Executive Officer, M. Richard Cutler: SHAREHOLDERS AND INVESTORS OF SUSTAINABLE POWER CORP.It has been a few months since our last investor update and over this time the Company has shown promise and made strides toward commercializing its technologies. We continue to seek the financing required to push forward our opportunities despite a difficult economy.Below is a summary of some key developments to-date:Vertroleum(TM) Biofuels and ElectricityThe independent review of our green energy process of conversion of biomass into biofuel -- called Vertroleum� that is being conducted by a world-renowned and respected university is near completion. Updates we have received from the university confirm the validity of our technology and its by-products, and are in the process of being finalized. The company eagerly awaits receipt of the final report.Financial Statements and SEC FilingsThe Company's year-end audited financial statements for 2008, and the first and second quarter financial statements for 2009 are nearing completion. Additionally, we are close to completing our response on comments that were issued by the Securities and Exchange Commission (SEC) on the filed Form 10-SB. The Company anticipates submitting our responses as well as the interim financial statements to the SEC within the next 30 days.Road to Co...
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Sustainable Power Corp. Board of Directors Appoints M. Richard Cutler, Esq. as Chairman of the Board

BAYTOWN, TX--(Marketwire - 07/13/09) - Sustainable Power Corp. (Pinksheets:SSTP - News) announced today that its Board of Directors has appointed M. Richard Cutler, Esq. as Chairman of the Board in addition to his current positions of President and CEO. With this appointment comes acceptance of the resignation of John Rivera as Chairman and as an Officer. Mr. Rivera, the formulator and inventor of the SSTP technology, notified the Board of Directors of his decision after lengthy discussion. Mr. Rivera commented, "Now that third party validation is underway by a world-renowned university, it is time for me and the company to focus on what is of paramount importance -- the ultimate commercialization of the SSTP process. My decision to resign from the Board is so that the Company can focus on the task at hand of commercialization of the process and to avoid any outside distractions.""The shareholders and my former Board members could not be in more capable hands. During Mr. Cutler's tenure as President and CEO, he has invested long hours enabling SSTP to reach many milestones, with more to conquer over the coming months. He shares my vision for the success and development of the Company, and both a business and legal background to guide this company to the next step of development," Mr. Rivera continued."The SSTP process is secured and protected and will not be jeopardized by my departure, but I will be ready to advise Mr. Cutler and the Company on any matter, including the technology front," concluded Mr. Rivera....
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SUSTAINABLE POWER CORP. Files SEC form 8-K, Change in Directors or Principal Officers

Show all filings for SUSTAINABLE POWER CORP. | Request a Trial to NEW EDGAR Online Pro Form 8-K for SUSTAINABLE POWER CORP. 13-Jul-2009Change in Directors or Principal Officers Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational pur...
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Sustainable Power Corp Ships Hydrogen on Demand Systems to Dominican Republic

SANTO DOMINGO, DOMINICAN REPUBLIC--(MARKET WIRE)--Mar 30, 2009 -- Sustainable Power Corp. (Other OTC:SSTP.PK - News) has completed an initial shipment to the Dominican Republic of its computer controlled "hydrogen on demand" Emissions Remediation Systems (ERS). The ERS produces hydrogen-on-demand from a mixture of water and proprietary catalyst. The first ten units of an order for several hundred units has been shipped to the Dominican Republic for use on engines for power generation. The ERS is capable of significantly improving fuel economy, increasing engine power, and reducing emissions by promoting more complete fuel combustion by introducing hydrogen directly into the intake manifold with no engine modifications required.SSTP has structured the compensation agreement for this initial shipment for electrical generators as a percentage of savings on fuel. Because of massive fuel costs experienced by the operators, SSTP anticipates that this will result in substantial cash flow to SSTP as the operators experience the advantages of the ERS. SSTP anticipates that sales of the ERS for use on trucks, boats and other vehicles will be undertaken as a direct sale of the Unit itself based on the specific application."The ERS is capable of increasing fuel economy in electrical generators by more than 30%. Our partners in the Dominican Republic, as well as here in the United States, understand this technology and want to improve their efficiency. The system can also be used for larger engines on trucks, boats and other vehicles...
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