EFDID: 17547EFD: Raw Data

Issuer: HY-DRIVE TECHNOLOGIES LTD (0001387457) - D

Accession: 0001144204-10-030711 () (EDGAREDGAR Files) (Form DForm D)

Edgar Posted: May. 27, 2010
EFD Posted: Aug. 7, 2014
- < edgarSubmission >
  < schemaVersion > X0704 </ schemaVersion >
  < submissionType > D </ submissionType >
  < testOrLive > LIVE </ testOrLive >
- < primaryIssuer >
  < cik > 0001387457 </ cik >
  < entityName > HY-DRIVE TECHNOLOGIES LTD </ entityName >
- < issuerAddress >
  < street1 > 4-6705 Millcreek Drive </ street1 >
  < city > Mississauga </ city >
  < stateOrCountry > A6 </ stateOrCountry >
  < stateOrCountryDescription > ONTARIO, CANADA </ stateOrCountryDescription >
  < zipCode > L5N 5M4 </ zipCode >
  </ issuerAddress >
  < issuerPhoneNumber > 905-542-3024 </ issuerPhoneNumber >
  < jurisdictionOfInc > ONTARIO, CANADA </ jurisdictionOfInc >
- < issuerPreviousNameList >
  < previousName > Environmental Applications - Research Technologies for Hydrogen, Inc. </ previousName >
  < previousName > Fat Power, Inc. </ previousName >
  </ issuerPreviousNameList >
- < edgarPreviousNameList >
  < value > None </ value >
  </ edgarPreviousNameList >
  < entityType > Corporation </ entityType >
- < yearOfInc >
  < overFiveYears > true </ overFiveYears >
  </ yearOfInc >
  </ primaryIssuer >
- < relatedPersonsList >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > Travis </ firstName >
  < middleName > E. </ middleName >
  < lastName > Bradford </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > 4-6705 Millcreek Drive </ street1 >
  < city > Mississauga </ city >
  < stateOrCountry > A6 </ stateOrCountry >
  < stateOrCountryDescription > ONTARIO, CANADA </ stateOrCountryDescription >
  < zipCode > L5N 5M4 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Director </ relationship >
  </ relatedPersonRelationshipList >
  </ relatedPersonInfo >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > Daniel </ firstName >
  < middleName > R. </ middleName >
  < lastName > Doucette </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > 4-6705 Millcreek Drive </ street1 >
  < city > Mississauga </ city >
  < stateOrCountry > A6 </ stateOrCountry >
  < stateOrCountryDescription > ONTARIO, CANADA </ stateOrCountryDescription >
  < zipCode > L5N 5M4 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Director </ relationship >
  </ relatedPersonRelationshipList >
  </ relatedPersonInfo >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > David </ firstName >
  < middleName > F. </ middleName >
  < lastName > Merrion </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > 4-6705 Millcreek Drive </ street1 >
  < city > Mississauga </ city >
  < stateOrCountry > A6 </ stateOrCountry >
  < stateOrCountryDescription > ONTARIO, CANADA </ stateOrCountryDescription >
  < zipCode > L5N 5M4 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Director </ relationship >
  </ relatedPersonRelationshipList >
  </ relatedPersonInfo >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > William </ firstName >
  < middleName > D. </ middleName >
  < lastName > Mayo </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > 4-6705 Millcreek Drive </ street1 >
  < city > Mississauga </ city >
  < stateOrCountry > A6 </ stateOrCountry >
  < stateOrCountryDescription > ONTARIO, CANADA </ stateOrCountryDescription >
  < zipCode > L5N 5M4 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Director </ relationship >
  </ relatedPersonRelationshipList >
  </ relatedPersonInfo >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > Hugo </ firstName >
  < middleName > T. </ middleName >
  < lastName > Sorensen </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > 4-6705 Millcreek Drive </ street1 >
  < city > Mississauga </ city >
  < stateOrCountry > A6 </ stateOrCountry >
  < stateOrCountryDescription > ONTARIO, CANADA </ stateOrCountryDescription >
  < zipCode > L5N 5M4 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Director </ relationship >
  < relationship > Executive Officer </ relationship >
  </ relatedPersonRelationshipList >
  </ relatedPersonInfo >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > Peter </ firstName >
  < middleName > H. </ middleName >
  < lastName > Williams </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > 4-6705 Millcreek Drive </ street1 >
  < city > Mississauga </ city >
  < stateOrCountry > A6 </ stateOrCountry >
  < stateOrCountryDescription > ONTARIO, CANADA </ stateOrCountryDescription >
  < zipCode > L5N 5M4 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Director </ relationship >
  </ relatedPersonRelationshipList >
  </ relatedPersonInfo >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > John </ firstName >
  < lastName > O'Bireck </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > 4-6705 Millcreek Drive </ street1 >
  < city > Mississauga </ city >
  < stateOrCountry > A6 </ stateOrCountry >
  < stateOrCountryDescription > ONTARIO, CANADA </ stateOrCountryDescription >
  < zipCode > L5N 5M4 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Executive Officer </ relationship >
  </ relatedPersonRelationshipList >
  </ relatedPersonInfo >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > Fred </ firstName >
  < middleName > M. </ middleName >
  < lastName > Florence </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > 4-6705 Millcreek Drive </ street1 >
  < city > Mississauga </ city >
  < stateOrCountry > A6 </ stateOrCountry >
  < stateOrCountryDescription > ONTARIO, CANADA </ stateOrCountryDescription >
  < zipCode > L5N 5M4 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Executive Officer </ relationship >
  </ relatedPersonRelationshipList >
  </ relatedPersonInfo >
  </ relatedPersonsList >
- < offeringData >
- < industryGroup >
  < industryGroupType > Energy Conservation </ industryGroupType >
  </ industryGroup >
- < issuerSize >
  < revenueRange > No Revenues </ revenueRange >
  </ issuerSize >
- < federalExemptionsExclusions >
  < item > 06 </ item >
  </ federalExemptionsExclusions >
- < typeOfFiling >
- < newOrAmendment >
  < isAmendment > false </ isAmendment >
  </ newOrAmendment >
- < dateOfFirstSale >
  < value > 2010-05-19 </ value >
  </ dateOfFirstSale >
  </ typeOfFiling >
- < durationOfOffering >
  < moreThanOneYear > false </ moreThanOneYear >
  </ durationOfOffering >
- < typesOfSecuritiesOffered >
  < isEquityType > true </ isEquityType >
  < isOptionToAcquireType > true </ isOptionToAcquireType >
  </ typesOfSecuritiesOffered >
- < businessCombinationTransaction >
  < isBusinessCombinationTransaction > false </ isBusinessCombinationTransaction >
  </ businessCombinationTransaction >
  < minimumInvestmentAccepted > 4695 </ minimumInvestmentAccepted >
- < salesCompensationList >
- < recipient >
  < recipientName > Capstone Investments </ recipientName >
  < recipientCRDNumber > 41400 </ recipientCRDNumber >
  < associatedBDName > None </ associatedBDName >
  < associatedBDCRDNumber > None </ associatedBDCRDNumber >
- < recipientAddress >
  < street1 > 789 N. Water St., Suite 400 </ street1 >
  < city > Milwaukee </ city >
  < stateOrCountry > WI </ stateOrCountry >
  < stateOrCountryDescription > WISCONSIN </ stateOrCountryDescription >
  < zipCode > 53202 </ zipCode >
  </ recipientAddress >
- < statesOfSolicitationList >
  < state > CA </ state >
  < description > CALIFORNIA </ description >
  < state > FL </ state >
  < description > FLORIDA </ description >
  < state > IL </ state >
  < description > ILLINOIS </ description >
  < state > MA </ state >
  < description > MASSACHUSETTS </ description >
  < state > MI </ state >
  < description > MICHIGAN </ description >
  < state > NY </ state >
  < description > NEW YORK </ description >
  < state > UT </ state >
  < description > UTAH </ description >
  < state > WI </ state >
  < description > WISCONSIN </ description >
  </ statesOfSolicitationList >
  </ recipient >
  </ salesCompensationList >
- < offeringSalesAmounts >
  < totalOfferingAmount > 4694398 </ totalOfferingAmount >
  < totalAmountSold > 3781807 </ totalAmountSold >
  < totalRemaining > 912591 </ totalRemaining >
  < clarificationOfResponse > A portion of the offering is being sold in Offshore Transactions pursuant to Regulation S. All totals, including sales commisions, include sales from both the Offshore Transactions (Regulation S) and sales pursuant to Regulation D. </ clarificationOfResponse >
  </ offeringSalesAmounts >
- < investors >
  < hasNonAccreditedInvestors > false </ hasNonAccreditedInvestors >
  < totalNumberAlreadyInvested > 18 </ totalNumberAlreadyInvested >
  </ investors >
- < salesCommissionsFindersFees >
- < salesCommissions >
  < dollarAmount > 177072 </ dollarAmount >
  < isEstimate > true </ isEstimate >
  </ salesCommissions >
- < findersFees >
  < dollarAmount > 0 </ dollarAmount >
  < isEstimate > true </ isEstimate >
  </ findersFees >
  < clarificationOfResponse > Warrants to purchase a total of 880,000 common shares also issued. </ clarificationOfResponse >
  </ salesCommissionsFindersFees >
- < useOfProceeds >
- < grossProceedsUsed >
  < dollarAmount > 0 </ dollarAmount >
  < isEstimate > true </ isEstimate >
  </ grossProceedsUsed >
  < clarificationOfResponse > Proceeds will be used for working capital purposes. As a result, portions may indirectly fund salaries in the ordinary course. </ clarificationOfResponse >
  </ useOfProceeds >
- < signatureBlock >
  < authorizedRepresentative > false </ authorizedRepresentative >
- < signature >
  < issuerName > HY-DRIVE TECHNOLOGIES LTD </ issuerName >
  < signatureName > /s/ Shannon Brander </ signatureName >
  < nameOfSigner > Shannon Brander </ nameOfSigner >
  < signatureTitle > VP Administration & Corporate Secretary </ signatureTitle >
  < signatureDate > 2010-05-27 </ signatureDate >
  </ signature >
  </ signatureBlock >
  </ offeringData >
  </ edgarSubmission >
Edgar Posted: May. 27, 2010
EFD Posted: Aug. 7, 2014