SOURCE: Hybrid Energy Holdings, Inc.

March 26, 2010 11:09 ET

Hybrid Energy Files Annual Report With $4,891,839 Net Cash Position and $6,904,506 in Shareholder Equity

RENO, NV--(Marketwire - March 26, 2010) -  Hybrid Energy Holdings, Inc. (PINKSHEETS: HYBE) filed its financial report for the two years ending 2009. The Company posted a net cash position of $4,891,839 and positive Shareholder Equity of $6,904,506 with Revenues of $1,136,742.

Pursuant to the Company's policy of investor transparency, the Company maintains regular public disclosures and filings with the OTC Disclosure Service. Further disclosures will be filed detailing the company's reserves and valuations. The Company's portfolio possesses 35 Billion Cubic Feet of verified reserves and maintains daily production from an estimated $30,000,000 in active reserves. The portfolio has an estimated $145,000,000 in available known reserves.

The Company currently maintains 9 energy production properties in its portfolio. The portfolio has appreciated an estimated 25% since acquisition and delivers consistent profitably with strong recurring current and historical cash-flows.

The Company has other energy acquisitions under consideration and will issue shareholder guidance accordingly.

About Hybrid Energy Holdings
Hybrid Energy Holdings (HEH) acquires and operates profitable energy companies with strong historical cash-flow and sustainable profitability. HEH may acquire promising nascent energy technology or technology rights as portfolio enhancing assets. HEH's acquisitions are focused primarily on traditional and proven fuel production and the latest in energy conservation and power co-generation technologies. HEH's fuel production acquisitions provide expertise in the recovery of oil and gas reserves in both mature and marginal fields. The company's operational teams deliver production improvements and developmental and low risk exploration as part of its acquisition strategy for its fuel producing subsidiaries. HEH's primary business strategy is the acquisition of diverse, profitable energy related assets that provide synergistic profits and revenue enhancements across all portfolio companies.

HEH believes its combination of acquisition profitability and mitigated-risk funding structures provides ongoing portfolio viability and long-term shareholder equity appreciation.

The company maintains its web site at: www.HybridEnergyHoldings.com

Safe-Harbor Statement
This release contains statements or projections regarding future performance that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties. The company's disclosures contain various RISK FACTORS (and are incorporated herein by reference) and should be read before any investment decision.

Contact Information

  • Contact:
    Investor Relations
    Tel: +1 (775) 636-7602 +1 (775) 636-7602
    Fax: +1 (775) 996-7330
    info@hybridenergyholdings.com
    Hybrid Energy Holdings