ATLANTA FIRM BUYS SHARES IN DCH.Byline: Daily News VALENCIA - Intrigued by the hydrogen fuel cells as an alternate energy source, an Atlanta firm has bought up to 2 million shares of Valencia-based DCH DCH Department of Community Health DCH Diploma in Child Health DCH Defend Council Housing (UK) DCH Data Channel DCH Dil Chahta Hai (movie) DCH Dhaka Community Hospital Technology Inc., which specializes in the use of hydrogen. DCH approved the stock purchase agreement with Swartz Private Equity LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control - a highly respected regional private equity investor - for the common stock. DCH, a manufacturer of hydrogen fuel cells and hydrogen-specific sensors
``We believe in the potential of alternative energy,'' said Eric Swartz, manager of Swartz Private Equity. ``We are very attracted to DCH's unique fuel cell and hydrogen sensing technologies, and we like their position in several niche markets A niche market also known as a target market is a focused, targetable portion (subset) of a market sector. By definition, then, a business that focuses on a niche market is addressing a need for a product or service that is not being addressed by mainstream providers. .'' ``This is a very financially sound agreement for DCH in that we completely control the timing of the placement of our shares,'' said DCH Chief Financial Officer Ron Ilsley. DCH is trying to secure longer term funding that will provide financial flexibility to fund operations until it reaches a positive cash flow. Swartz Private Equity LLC is a private equity fund specializing in investments in small capitalization capitalization n. 1) the act of counting anticipated earnings and expenses as capital assets (property, equipment, fixtures) for accounting purposes. 2) the amount of anticipated net earnings which hypothetically can be used for conversion into capital assets. development stage companies. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion