HITR Business Description
(OTCQB: HITR) (BERLIN: HTO)
Hitor Group is an industry leading Environmental Technology Accelerator that delivers best-in-class 'green' technology solutions for a better world. Hitor applies capital and best-in-class business practices to integrate green technologies, expand distribution channels, and catalyze rapid and profitable growth. Synergistic and proprietary technologies that can provide viable economic solutions to serve commercial markets along with developing communities are sourced worldwide. The global demand for solutions to these challenges has never been greater and at the same time innovations in technologies for solutions have arrived. Our goal is to bring these applications to this growing market segment and create shareholder value. To learn more about The Hitor Group, please visit our website at http://www.hitorgroup.com
Feb 2013 Hitor Group presentation with latest technologies:
http://www.hitorgroup.com/wp-content/uploads/2012/03/Hitor-Technologies-February-2013-.pdf
HITR Contact Info
6513 132nd Ave. N. E.
#376
Kirkland, WA 98033
Phone: (425) 788-9823
Email: info@hitorgroup.com
HITR Management
The Hitor management team and advisory board brings years of business expertise across a broad range of disciplines that account for over hundreds of millions of value creation for shareholders, business partners and customers. The Hitor team averages 30+ years of experience in developing and marketing disruptive technologies that include communications, transportation, construction, recycling and green technologies. The team has extensive transportation, construction and development related experience as well as international businesses development and negotiating with foreign governments.
Ken Martin
Position: Director and Chief Executive Officer
Ken Martin is the Director and Chief Executive Officer of Hitor Group. Mr. Martin, founder of International Telcom Solutions, Inc. (ITS) has an extensive international background in the telecommunications industry spanning fifteen years. Through a vast global network Mr. Martin negotiates government level contracts for VOIP (Voice over the Internet Protocol). To date he has initialized contracts for Russia, Germany, Poland, Ukraine, Italy and Malta. Current negotiations underway include Thailand, Viet Nam, Lebanon, Turkey, Jordan, France, Cyprus, China, and former Russian States. He is also the owner of a telecommunications company and the founder of an International telecommunications company since 1992. He has negotiated multi-million dollar contracts with governments and major companies.
Ric Harris
Position: Director and President
Mr. Harris brings over 35 years of business experience in technology, financing, sales & marketing as well as private and public company development experience. Ric is also CEO of AsiaCan an International Investment Company based in Shanghai. Ric has been consulting with a wide variety of financial and technical companies (Royal Bank of Canada, Canada Trust, Oracle and many other Fortune One Thousand Companies) for decades and brings a wealth of International Contacts.
Read more on the Management Team: http://www.hitorgroup.com/about-us2/
HITR Technologies
1) Patented Tire Recycling Technology
2) Patented Ceramic Composite Technology
3) Proprietary Steel Manufacturing & Panel Framing Process
Construction
Nearly a billion people live in a slum and that number is expected to double in the next 25 years. (UN-HABITAT: 2006)
Hitor Construction is in the business of building high quality, durable low cost houses. There is an incredible shortage of good quality adequate housing around the globe. The Hitor Construction housing solution addresses this need and is poised to become one of the leaders in the prefabricated housing market.
We have integrated patented building technologies that allow us to manufacture hundreds of homes a day per manufacturing plant to help address the current demands. Hitor’s goal is to open up hundreds of manufacturing plants around the world helping to not only stimulate the economy, create jobs, but more importantly provide solid homes for those in need. Basically our homes are customizable to any size, any climate, and any building requirements.
The Hitor Construction difference is:
*Lifetime homes completely customizable and expandable to individual / regional specifications, codes, regulations and conditions.
*Permanent homes delivered to building site, erected in hours with minimum local unskilled labor – creates jobs locally
Rugged panels
*Fire-resistant – concrete coated with drywall or plaster on the interior.
*Vibration-dampening design – with stand extreme winds, quakes and tremors (can be bolted or suspended or even on stilts).
*CST construction – resists bugs and rodents.
Thermal resistance of R20.
*Saves time & money with no material waste.
*Available 100% “Turn Key Home” or can integrate with local builders for plumbing and electrical as well as with local building manufacturers for doors and windows if necessary.
*Most efficient manufacturing process available to date.
Tire Recycling Technology
Hitor has identified an exciting new technology that will help to minimize the billions of tires being dumped annually and polluting land fills in every country in the world.
Hitor is completing a Joint Venture Agreement with a Nano Technology partner that has created a patented process that produces new construction products from recycled tires.
The process uses Nano particles of rubber to produce a new ‘Wood Replacement Product’ using micronized rubber for process intensification; this gives an almost endless range of final indoor / outdoor products, all of which are infinitely recyclable using the same processes that created them in the first place.
Hitor is currently in final negotiations with several countries wanting to build a Hitor manufacturing plant utilizing the Tire Recycling technology to produce affordable & durable housing for their citizens.
Benefits to NanoParticle Technology Products:
1) Environmentally safe,
2) Resistant to UV rays, salts of all types, water, chemicals and all types of weather,
3) Durable, impact proof and colour safe,
4) Mildew, mould and insect resistant,
5) Sound proofing, insulative value.
Pre Fabricated Steel & Concrete
Hitor Group Inc. has developed a Joint Venture agreement working with New Future Building utilizing a proprietary process utilizing pre fabricated steel and concrete building solutions to build multifamily homes world wide. New Future brings decades of project management, building design, development and construction management experience to the joint venture.
New Future’s management team has a track record of developing and building quality new communities throughout Western Canada. Based in Kamloops, the company has built hundreds of homes, including a mix of retirement care facilities, town homes, apartments and buildings.
Mike Rink CEO
Mr. Rink brings with him over 35 years of construction experience from hands on carpentry to design, construction and completion of hundreds of homes, office buildings and senior citizen housing. He owns and runs a 25-person corporation that is capable of completing all aspects of building design, architecture, engineering, drawings, and site management all the way to completion. He has in-house architects, engineers, technologist, and project and construction managers who assist in every aspect of building. New Future specializes in creatively solving housing needs by utilizing proprietary prefabricated steel and concrete panel solution coupled with many of the other Hitor technologies.
Ceramic Composite Cold Spray
The demand for Composite Ceramic Coatings for solutions in the fields of Sustainable Housing, Concrete Surfacing, Heat Resistant Applications, Transportation, Oil & Gas and Waste Management & Containment present great opportunities in the market at this time.
NuGuardTM coatings are highly effective when used on infrastructure such as piping, boilers, high traffic surfaces and other equipment surfaces requiring additional protection. It gives industrial equipment, parts, and components a durable finish that provides complete protection from the elements that cause damage and premature wear.
NuGuardTM can be applied on the inside and outside of most materials to create a flawless barrier between the part and the corrosive and damaging elements that compromise performance, safety and the bottom line.
NuGuardTM also provides the superior reduction of radiated heat compared to other ceramic coatings on the market. Reduced heat prolongs the life of equipment and parts by reducing the stress and damage that naturally occurs when subjected to high and varying temperatures. The benefits of NuGuardTM in industrial settings include:
*A 5 to 10 fold increase in the life expectancy of equipment and parts;
*Enhanced performance of equipment, parts, valves and components;
Chemical attack protection;
*Corrosion and erosion protection;
*A reduction of radiated heat;
*A thermal layer of protection (insulation);
Increases the tinsel strength;
*Cold spray application – saves time and money;
*A smooth surface easy to maintain
NuGuardTM is a cold spray ceramic coating that can be applied to equipment surfaces to increase strength and protect components from the effects of temperature, erosion, abrasion and corrosion. It is commonly applied in a thin coating (1/16” to 1/8” or thicker) depending on the application.
Below are sample sections of a wall panels coated with Ceramic Composite. For the first time ever you now have a light weight, durable easy to install panel with the strength of steel.
Additional Technologies:
Nano-Jet
Hitor has spent the last 5 years researching and developing products that support the elimination of emissions, recycling and fuel savings. The ‘Nano-Jet’ is an efficient fuel saving emission reduction product. The newest patented version is being extensively tested in Europe and has produced exceptional results in almost every type of engine.
The new NanoJet:
*Dramatically reduces emissions,
*Reduces maintenance costs,
*And significantly reduces fuel consumption,
*Manufactured in Germany by Micfil.
Micfil International is Hitor’s technology manufacturer in Germany producing not only the the oil filtration system but as well overseeing the manufacturing of the Nano-Jet products.
http://www.micfil.com
Wind Turbine
Hitor has signed a manufacturing and distribution agreement with Vbine Energy that has patented a Vertical Axis Wind Turbine (VAWT), which is a leading technology in a new generation of vertical wind turbines that make reliable use of wind and updrafts to convert mechanical energy into usable power.
The VAWT incorporates a Permanent Magnet Generator that is powered by a set of uniquely-designed and mounted, patent-protected rotor blades that produce self-sustaining power where it is needed. The VBINE 5 KW VAWT is ideal for niche small wind rural and urban applications, such as housing development, remote telecommunications tower networks, building rooftops, farms, airports and other existing infrastructure. No to low maintenance, because there is no drive shaft or gear box, plus there are no brushes, bushings or slip rings to wear out, only 2 long-life sealed bearings to be occasionally greased and are expected to give 20-30 years of life.
What differentiates us from other vertical axis turbines?
*No drive shaft or gearbox
*No brushes or bushings or slip rings (no moving parts except 2 long life bearings)
*Patented blade design that truly self starts in low wind yet captures the horse power out of the high wind
*A unique patented blade configuration to capture maximum power on smallest swept area
*Each blade produces power on 180 degrees out of the 360 degree rotation
*The center shaft does not rotate allowing for easy stacking of turbines on a single tower
*Extreme durability – little or no maintenance for 20+ years.
Click here to view a video of the wind turbine in action:
http://www.hitorgroup.com/wp-content/uploads/2012/03/VBine-Wind-Turbine.m4v
Water Filtration
Rounding out the necessary ‘green technologies’ is the latest in reverse osmosis water filtration. Hitor has partnered with a manufacturer of the leading patented water filtration systems in the world.
“Hitor is incredibly excited, as this new technology can treat almost any water source turning it back into 99.9% drinkable water… this truly will impact people around the globe.” Ken Martin CEO Hitor Group.
Hitor has recently signed a joint venture agreement white labeling a private patented water filtration company can produce quality approved water from virtually any contaminated water source. Not only does it have applications in world housing but in farming, resources, agriculture, building, mining and all municipal water treatments around the world.
This technology works in all areas like municipal water and sewage applications, animal waste lagoons, industrial wastewater extraction etc.
Hitor’s systems remove up to 99.9% of the natural or man-made pollutants found in these waters, rendering pure and renewed water for potable consumption or non-potable disposal (environmentally-suitable discharge).
Hitor with its green solutions will impact our way of life for years to come.
HITR chart:
HITR Share Structure
Common stock, $.001 par value, 100,000,000 authorized,
69,231,218 and 65,688,218 shares issued and outstanding
as of 10-Q/A received Jan 10, 2013 period ending Jun 30, 2012
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9013627
Headlines
http://finance.yahoo.com/q/h?s=HITR+Headlines
*Mar 13, 2013 Hitor Group, Inc. Executes Licensing Agreement in Pakistan
Quote:
KIRKLAND, WA, Mar 13, 2013 (MARKETWIRE via COMTEX) -- Hitor Group, Inc. (OTCQB: HITR) (BERLIN: HTO) -- Hitor Group Inc. is pleased to announce it has executed an agreement with Orient Renewable Energy (Ptv) Ltd. relating to the Hitor technologies including a Manufacturing Plant for the fabrication of construction components and systems for housing and International Housing Development Projects.
Hitor will oversee the development, construction, commissioning and operations of a plant for construction components and systems including but not limited to a manufacturing plant for Structural Steel Systems(TM) or other Hitor technologies. Orient Renewable Energy (Ptv) Ltd. will contribute it's contacts, licenses (as needed), agreements and relational know how and development work to date as well as overall Primary Project Development services in the provision of process development, negotiations with the local Government and approval authorities of and the financing required for the manufacturing plant.
*Mar 5, 2013 Hitor Group, Inc. Shareholder Update
Quote:
KIRKLAND, WA, Mar 05, 2013 (MARKETWIRE via COMTEX) -- Hitor Group, Inc. (OTCQB: HITR) (BERLIN: HTO) -- Hitor is currently in final negotiations with several countries wanting to build a Hitor manufacturing plant utilizing the Tire Recycling technology to produce affordable & durable housing materials. The process uses Nano particles of rubber to produce a new 'Wood Replacement Product' using micronized rubber for process intensification; this gives an almost endless range of final indoor / outdoor products.
"Consistent with our stated business model, Hitor has sourced a product with significant global potential. This provides Hitor Construction with a competitive edge with the current bids on housing projects and introduces a proprietary technology to the market," said Ken Martin, CEO.
*Feb 25, 2013 Hitor Group, Inc. Moves Forward in Poland
Quote:
KIRKLAND, WA, Feb 25, 2013 (MARKETWIRE via COMTEX) -- Hitor Group, Inc. (OTCQB: HITR) (BERLIN: HTO) is pleased to announce Frank Palasz has met with City officials in Krakow, Poland to discuss the manufacturing and construction on a 1500 unit apartment complex in Krakow. Financing for the project will be provided by the European Union. Hitor is also working towards a contract for a 120 unit Motel through a private investor. "This is an opportunity in Poland to demonstrate the Hitor Construction Technologies. After months of traveling and bidding on projects throughout Europe and the Middle East we feel this is the start of things to come and are grateful for the opportunity," said Ken Martin, CEO.
*Jan 28, 2013 Hitor Group, Inc. Presents Integrated Housing System in Middle East
Quote:
KIRKLAND, WA, Jan 28, 2013 (MARKETWIRE via COMTEX) -- Hitor Group, Inc. (OTCQB: HITR) (BERLIN: HTO) -- Further to actively bidding on several projects abroad over the last several weeks, Hitor Construction will be following up by attending meetings in the upcoming weeks for the purpose of securing housing contracts. Mr. Martin, CEO Hitor Group, will be meeting with Government representatives from Egypt and investors from the region discussing plans for permanent housing developments in their respective countries.
All websites change info without notice and the references I used at the time of this dd was:
http://www.otcmarkets.com
http://www.businessweek.com
http://www.finance.yahoo.com
and the corporate website
***All my posts are purely my opinion. Please use your own research and never invest in a stock you can not afford to lose money on. not paid or compensated to report news and developments about HITR
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