Subsidiaries

American Hydrogen Corporation
American Hydrogen Corporation (“AHC”) is acquiring and developing methods and processes to produce hydrogen (H2) inexpensively. It has a goal to produce kilograms of H2 for $2.00 or less. A kg of hydrogen has the equivalent energy to a gallon of gasoline.

For more information, please see: www.americanhydrogencorporation.com

Hydra Fuel Cell Corporation
Hydra Fuel Cell Corporation (“Hydra”) has developed advanced proton exchange membrane (“PEM”) based hydrogen fuel cells. Hydra produces fuel cells with capacities from 500 Watts to 5 kiloWatts primarily for residential and light commercial use.

For more information, please see: http://www.hydrafuelcell.com/#home

American Security Capital Corporation
American Security Capital Corporation was established to provide financing and leasing options to customers of Hydra and AHC. A joint venture is being formed with an experienced company in the trade finance field to operate this subsidiary.