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Clean Energy Hydrogen Company HaveBlue Equity Sale Wednesday 2/28/07

Los Angeles, CA (PRWeb) February 27, 2007 -- HaveBlue LLC will have a court ordered sale of 61% of company equity on Wednesday, February 28, 2007.

The auction will take place at 10:00 am, Los Angeles Superior Court, 111 North Hill Street, Department 13, Los Angeles, CA 90012. (BC322152 Los Angeles Superior Court)

The LLC has a US Patent (6,610,193) and patents issued in South Africa, New Zealand and China. The technology solves the hydrogen fuel infrastructure challenge for all marine vessels.

Prior to a legal dispute between members of the HaveBlue LLC, the firm began a private placement with a pre-money valuation of $3,000,000 in 2004.

The private placement was not completed and operations were stopped due to the dispute.

However, the patents in New Zealand and China subsequently issued and the maturity of hybrid drive technologies, the public's understanding of hydrogen fuel cells, the risks of global warming, the contribution to air pollution of marine vessels and the attractive market served by HaveBlue all underline the value of the firm's equity.

This is not an offer to sell securities.

http://www.haveblue.com

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