GreenChek Technology evaluates funding options

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GreenChek Technology, which distributes hydrogen injection technology that is primarily focused on mobile transportation applications, said it has been actively seeking funding avenues to support its manufacturing operations and provide working capital. GreenChek has received initial proposals from potential funders and is currently reviewing these proposals with the intention of engaging in further, detailed discussions. GreenChek said it remains confident that it will secure a long-term, comprehensive financing structure for the company.

“We will be participating in near future financing as we believe that our hydrogen injection technology is sound, the market is large, the future for this type of technology is very bright and because we want to be an integral part of addressing greenhouse gas emissions and pollution,” said GreenChek President Lincoln Parke.