Alex Koyfman’s Ammonia Fuel Company – The “Oil Killer”

Alex Koyfman is not “your typical investment guru” as he's never worked for a hedge fund or on Wall Street, like many others who hold themselves up to such esteem. But, his claim to fame is as a practioner, who's achieved a 75% success rate with his model portfolio. With some of his gains ranging from 122% to over 350% in less than a year.

In one of his latest investment newsletter teasers, Koyfman teases a company that has found a new, innovative way to easily create ammonia for fuel, without using any fossil fuels in the process. He claims this potential  “Oil Killer” could make you more than 10,000% in just a couple of years, while also suggesting that you should invest in this small Canadian company as soon as possible. If you’re curiosity has been piqued, continue reading.

 

The Teaser:

If you’re in for some exaggerated claims, strap yourself in as Koyfman starts us off by saying he expects this company's profits to rise by as much as 11,000% over the next two to three years. He bases his projection on this startup's innovative technology and patented invention that is supposed to create ammonia by only using air and water. We have heard similar claims made by Koyfman in the past, which we have reviewed. See Alex Koyfman's Internet Fuel Company and Forever Memory Stock.

While Alex may not have your traditional financial background, his interest in finance and investing began at an early age and he was actively trading online by his late teens. After earning a bachelor's degree from the University of Maryland, and a JD from Penn State, Alex made the decision to give up a promising future in the legal industry, and turned to trading and investing full time. Joining his longtime friend and colleague Brian Hicks at the now flourishing Microcap Insider investment advisory not long thereafter. The rest as they say, is history.

Alex continues his pitch by noting that a “disruptive invention has been developed in cooperation with the University of Oklahoma and that a Toronto-based company is behind it all”. According to him, “this technology could unlock an unlimited supply of cheap zero-emission fuel”, describing it as the foundation stone of modern existence. He believes the potential market for this invention is $1.5 trillion, which is why he is rushing people to read his special report and buy the stock while it is still extremely cheap by his own estimation.

Yahoo Finance apparently even lauds “this fuel as paving the way for zero-carbon energy”. However, while solar and wind energy currently represent most of the green energy market, one of their main problems is the lack of storage space to stock the excess energy and redirect it. This is where our Canadian company comes in, as not only does it claim to have found a way to use two simple ingredients to create a 100% green energy alternative, but also the way to store it so that it can be used whenever.

According to Koyfman, “this Toronto based company has discovered a way to create fuel locally – in a fridge-sized machine” and claims that it is 100% clean and highly affordable to boot, which is why his 10,000% or profit prediction is beginning to not seem quite as exaggerated. 

 

The Sales Pitch

Alex Koyfman gives all the necessary details about this particular company in an investment report named “The NH3 Revolution: How a Tiny Toronto Startup Beat a $3.3 Trillion Industry”, which is part of his investment newsletter, the Microcap Insider, which goes for $999 per year.

Included, you will receive weekly issues of the report and alerts, real-time buy and sell alerts, specific entry, exit, and target prices, complete research for all stock and company recommendations, as well as two bonus reports. And, if you’re not pleased with the quality of the package, you have 60 days to change your mind and receive a full refund.

For those who would rather do something else with their $1,000, here is what we were able to uncover for you, free of charge.

 

What Is the “Oil Killer”?

As previously mentioned, Koyfman’s pitch is about ammonia (NH3), which is a substance used both as a fertilizer and “a fuel that can power internal combustion and jet engines”. Unlike kerosene or petrol, it doesn’t release any carbon dioxide that threatens the air quality, which is the number one reason why over 140 countries are interested in this discovery, together with the US government, the US military, and dozens of private companies worldwide. 

According to specialists, ammonia is supposedly 30% more stable under pressure than gasoline, which makes it less of a fire hazard, thus making it a potential replacer for petrol in all major oil-consuming industries, including transportation.

However, creating ammonia through the old, Nobel prize-winning Haber-Bosch process is not only expensive but also less feasible to be used on a large scale. This is why using ammonia as a potential fuel has been an innovative idea for almost 100 years, but it wasn’t until only recently that it was considered a true oil alternative. 

To create ammonia, one would have to use large quantities of fuel and release carbon dioxide into the atmosphere through the burning process, which would pollute the air even more, apart from being expensive. However, “one inventor from a small town in Ontario found a way to produce NH3 without using any fossil fuels at all”. His machine is truly revolutionary because it generates ammonia “from nothing but air and water”.

Koyfman is confident that this invention could be worth billions and would also make a great investment opportunity for his readers. A chemistry professor named Bill David even mentions that “ammonia is the only zero-carbon fuel that will get you across the oceans”, which is why the author aptly calls this ingredient “the oil killer”.

What’s even more interesting is that even the largest oil-producing country in the world, Saudi Arabia, seems to have acknowledged the power of this ingredient and is now looking to export ammonia to other countries around the globe. However, creating it using the old fashion way is not sustainable on a large scale, but the invention of this small Canadian company could change the rules of the game.

And, if you’re wondering why a country that is rich in oil would even consider diversifying its economy and exports, the answer is that no mineral resource is unlimited. Eventually, the rein of oil will fall as more countries are committed to reducing pollution and replacing regular burning oils with green, alternative sources of energy. This will not happen for a very long time, but under these circumstances, a country that solely bases its economy on delivering one ingredient cannot assure its future indefinitely, and this is why Saudi Arabia is now exploring new export opportunities. 

Ammonia is amongst the only products that can be generated indefinitely as it only requires water and air. On the other hand, windmills and solar panels remain conditioned by the weather and cannot be used to fuel an entire country and the transport industry. 

 

Revealing This “Ammonia Fuel Company”

There are several hints that Koyfman talks about but before revealing the name of his “oil killer”, let’s see what these are:

  • We already know that he is talking about a Canadian-based company, so you won’t see it trading on the NASDAQ or any other US based stock exchange. What we also know is that “the man behind this world-changing invention is Roger” and that “he has spent the majority of his career as a CEO and that his company has produced pharmaceutical ingredients for sale around the world”, including ammonia. 
  • Another hint that we’re given is that “the machine Roger built is continuously sucking air in to take the nitrogen and sucking water in to take the hydrogen”. OK, this doesn’t really say much about the company itself but does point to the easiness of the process. However, the biggest achievement of his invention is its small compact size that can easily fit inside any garage, while also solving the storage problem of the produced energy. 
  • According to Koyfman, 143 countries could profit from this invention as they are trying to reduce their carbon footprint. 
  • We’re talking about “a tiny company whose total share count is valued at a mere $15 million”. Also, “right now, this company is finalizing Phase IV [of its prototype] to further improve system efficiency while lowering capital and operating costs”

So, what company is the author referring to?

Right at the beginning of the presentation, we can see the picture of a partial patent from 2011, no. US2011/024382A1, which was granted to an inventor named Roger Gordon. He is the CEO and founder of Green NH3, whose website shows the same prototype used in Koyfman’s teaser, as well as a picture of Gordon’s ammonia-powered Ford pickup truck.

However, Green NH3 is a private-held company, which means you cannot directly purchase its stock the traditional way. Which leads us to the question – what exactly is Koyfman pitching and how can you profit from a company like Green NH3?

By digging some more, we were able to find that the company has signed a letter of intent to be acquired by EEStor Corp., which recently changed its name to FuelPositive Corporation (TSXV: NHHH.V). As of press time, the stock can be bought for under $1 per share.

The news is current and ongoing on this matter, but as of March 2021 Dr. Ibrahim Dincer (on the team with Roger Gordon) has accepted an offer by FuelPositive which focuses on the current and future sustainable NH3 intellectual property developed by Dr. Dincer. Gordon did not accept their offer.

An 11,000% Opportunity?

It's too early to say. As is usual, this predition is very speculative and you shouldn't count on it. It would be advisable to do some additional due diligence in this case and look more into the talks going on between the companies.

Another thing to take into account is the ability of this company to mass-produce ammonia so it can supply it to the world or produce enough units of the machine so that they can be used by people without any specialized knowledge for agriculture or transportation purposes. Until these questions are answered and we see a well-anchored strategy to compete with mass produced oil alternatives, we cannot recommend buying the stock.

 

Quick Recap & Conclusion

  • Alex Koyfman has over 20 years of financial experience without ever working for any hedge fund or Wall Street company in his career. 
  • In one of his latest pitches, Alex talks about a small, privately-owned Canadian company that has managed to create ammonia in a new, cheaper way so that it can be used as fuel. The big advantage of ammonia is that it is 100% green and doesn’t release any toxins into the air.
  • To find more information about this company and the investment opportunity behind it, you would have to subscribe to Koyfman’s investment newsletter, the Microcap Insider, for $999 per year. You will also have access to a special report named “The NH3 Revolution: How a Tiny Toronto Startup Beat a $3.3 Trillion Industry”, as well as to weekly issues and alerts, complete research for all investment recommendations, and two other bonus reports.
  • For those not opting to pony up for Koyfman’s premium priced service, we have uncovered the name of the company for free as: FuelPositive (TSXV: NHHH.V) which is in talks about acquiring Green NH3, and thus far has at least been successful in aquiring intellectual property from the team there.

What do you think about investing ammonia based fuel? Do you think this particular small company has the ability to eventually disrupt the oil industry? Let us know what you think in the comments section below.

32 thoughts on “Alex Koyfman’s Ammonia Fuel Company – The “Oil Killer””

  1. I just discovered your site and I'm grateful for the service you're providing. It's so frustrating to have to sit through a bulls*t-packed video presentation only to learn that the information you were promised can only be obtained *after* you sign up an overpriced newsletter. I very much appreciate your huckster-busting detective work.

    And speaking of busting hucksters, I have four bits of info to contribute to the Koyfman ammonia scam. (OK, maybe it’s not technically a scam.)

    1) For anyone who’s interested, NHHH.V is FuelPositive’s ticker symbol on the Toronto Stock Exchange. The company trades OTC in the U.S. with the ticker symbol ZNNMF, which means you can probably buy shares with a U.S. brokerage account.

    2) The stock closed at 0.0409 — less than a nickel — on January 15, and at 0.30 on February 23. That’s an increase of over 600%. Not bad for a stock held for 39 days. The price jump might have been caused by the name-change announcement on February 4, or by other events that I’m not aware of.

    3). And here’s the interesting part. After hitting .30 on February 23, the stock had retreated to .1678 on March 4. Two days later, on March 6, the company put out a press release with a “progress update” on its efforts to acquire Roger Gordon’s ammonia technology. It’s not clear what happened to our friend Roger, but it appears that he’s no longer part of the deal. FuelPositive is now hoping to acquire the intellectual property of someone named Dr. Ibrahim Dincer. Maybe Roger wanted too much money/shares/whatever for his NH3 technology and Dincer was more amenable to a deal. You can read the press release at https://ca.finance.yahoo.com/news/fuelpositive-provides-progress-towards-completion-130000829.html.

    4) Even though there is no final deal yet with Dincer, it seems that the announcement gave the stock price a bump. It went from 0.1678 on March 4 to 0.238 on March 8. As of today (March 28), the stock is at 0.2404.

    What does this all mean? Will FuelPositive sans Roger produce the gazillion percent return claimed by Koyfman? I have absolutely no idea. What’s your take on this, Theodor?

    Reply
    • In my very humble opinion, I think Roger Gordon and/or Dr. Dincer’s IP is still a way’s out from reaching mass commercialization on any scale.

      Reply
      • Seems like the Saudi's have beaten everyone to this. IF you read ALL the info on this you would be buying. A Saudi ship just sent Japan a ship load of NH3 as fertilizer.
        Works in diesel & gas engines as well as onboard ships and you make this process work with …. water.

        Reply
  2. Really hope this company comes through it is very cheap and sounds like a great idea. I just hope it gets people who invest at least three digit gains that would be awesome. Sounds to good to be true with many top analysts saying the market is going to crash and wipe out 50-100 percent of your savings. That would amazing if the company from my country to make such a positive green solution.

    Reply
  3. Thank you for this interesting article and all your efforts in researching the information. I wonder if the claims made by Roger Gordon / Koyfman are actually true since there seems to be no widespread news coverage of this innovation which is usually typical of snake oil claims.

    Reply
  4. It might be worth speculating by investing a small amount, many just $500 or maybe $1000 to minimize the downside risk.

    Reply
  5. It all seemed too good to be true…combine water and electricity (produced via wind or solar cells) along with a catalyst to produce ammonia in abundance. Then use ammonia to fuel modified engines of any type even jet engines. It all seemed much too easy….and if it were that easy why isn't the entire world jumping on this in this time of climate change? Is it because ammonia is extremely smelly and poisonous? Does it really burn like gasoline with water vapour as the only emmission?
    If it were all so easy would not the big fuel companies be in on it right now? If they ignore it they will lose their markets so what is wrong with this that we are not being told?
    So what is wrong with the whole concept and What is stopping the development of this immediately. It seems like it has been worked on for far too long not to be operational by now. It would truly be an amazing fuel if the promoters were correct.
    I will continue to follow this.

    Reply
  6. Interesting. When I searched the patent US20110024382A1 on Google patents, I was returned completely different patent. I think it is US20110243828A1. It is only valid for the US which means any other country can ignore it and copy it legally thus diminishing any value it might have had. He is getting hydrogen from water so he's electrolysing it. Electrolyser aren't cheap to buy nor run and using that hydrogen as a fuel directly in a fuel cell is way more efficient than converting it into ammonia and combusting it – and that is where the world is heading. Nevertheless there is some potential for NH3 in shipping (some say). Technically, I would give this a miss – particularly for the lack of patent cover.

    Reply
  7. Good report, NH3 is a potential fuel but has many problems it will take some time to deal with them.
    Ammonia is poisonous and it is corrosive. Engines would adjustments. However it does have potential as with all technologies there are positive and negative issues.

    Reply
  8. I assume that it is the same power plant as gasoline/diesel engines and therefore would have the same number of replacement parts. It's an interesting idea but, IMHO of limited use.

    Reply
  9. From the information you have given us , but before I got all heated up, I would have to know more about its potential a a fuel–how does it compare to gas or diesel —how much of it would it take to move a vehicle 500 to a thousand miles. What would be the expense of building the engine capable of utilizing this fuel??

    Reply
    • Hello Ira, as a driver of a LPG powered vehicle which has a carrying capacity of 1000kgs, my Ute returns around 25MPG, I would expect around the same on NH3 if that helps. the engine is a slightly modified petrol engine manufactured by Ford MC.

      Reply
  10. Interesting as I have followed the inventor. The In my opinion the UK cannot sustain a large number of EVs and would have to increase electricity production using fossel fuels thus defeating the object.

    I am having a discussion to convert my 1973 Lotus to ammonia fuel. The idea of having the greenest car and my own ammonia production unit and much lower fuel costs really appeals to me.

    All disruptive industries start small. I met the Tesla guys at the Lotus factory when Lotus were building their prototype cars.

    Reply
    • Hello Peter, I am located in Australia, I have been driving LPG powered vehicles for 20 years, they have been in Production for a very long time, my vehicle is ready to run on Ammonia, clean and green. I would like one of the fridge size units, Free transport!!

      Reply
  11. I am in the alternative energy camp,Anything to do with renewable energy to replace carbon fuel application is good.
    We have several examples of BigEnergy companies that "killed" fantastic small scaled inventions and designs to eliminate them as competition.
    I am not a pessimist by nature but this SMALL company is going to go the same route unless they also become BIG in their own way to handle confrontations and competition.They will be eaten alive!
    Once again a brilliant invention,but the Sharks are waiting,shame!

    Reply
  12. My experience with ammonia is that it is highly toxic. It has a strong odor so how can it be claimed to be green friendly? If it's too good to be true, it's too good to be true.
    Skeptical.

    Reply
  13. Thank you for your research and comments. I would be very interested if you could update us on this
    takeover and any progress the two companies may have made. I find it difficult to buy shares in either of the two companies in the UK.

    Reply
  14. The University of New South Wales (UNSW) in Australia already has a new patent for making ammonia in a new cost effective way. Toyota is also making hydrogen in a novel way for its California Mirai cars. They UNSW pass electricity through their patented plasma water ammonia generator tubes. They are working to commercialize as we speak. Look up UNSW University ammonia patent. Nothing to invest into yet there in Australia but you can go to the University of New South Wales and sign up for their email updates. A definite Tesla battery lithium producing pollution solution. Nikola maybe away to get a head start on the vehicle solution side, along with Toyota's Mirai car, and Honda's Clarity, and the Hyundai's Nexo SUV hydrogen cars. Tesla carbon credits if cut off will be the end of his pollution battery manufacturing mess. Tesla will be a flash in the pan unless he abandons his pollution lithium cars and dives into renewable hydrogen fuel cars new transportation solutions.

    Reply
    • Tesla's "flash in the pan" will burn brightly and reward TSLA investors for at least several decades.

      What is this "lithium pollution battery" of which you speak?

      Reply
  15. Green NH3 has huge potential because it could replace methane-based NH3 which produces 1.9 tonnes of CO2 for every tonne of NH3. Green NH3 is made from renewable electricity, water and air. NH3 is extensively used as a fertiliser, but now industry is beginning to use it or planning to use it as a renewable energy storage option and as a transport fuel. Within the next year, ship engines will be trialled burning green NH3 instead of marine diesel. This is a global mega-trend that is gaining momentum.

    Alex Koyfman is right in making these points. Where he is misleading is by focusing entirely on FuelPositive and predicting 100-fold growth in a few years. FuelPositive is one of several tech groups/start-ups that are developing green NH3 technologies, and there are large green NH3 projects underway without waiting for these new technologies.

    Australia, a country of 25 million people, alone, has several green NH3 developments such as:

    Monash/Wollongong Universities and UNSW/Sydney University have filed patents and are engaged in R&D to produce green NH3. Apart from these, industry is already planning to use green NH3 technologies for large scale application:

    1 – Queensland Nitrates Renewable Hydrogen and Ammonia Project 
    • a 30 MW alkaline electrolyser capable of producing 3,500 tonnes of H2 pa
    • a liquid ammonia plant capable of producing 20,000 tonnes of NH3 pa
    • H2 storage to absorb renewable variability and provide continuous feed to the NH3 plant.

    2 – Fortescue (FMG) plans to build a green ammonia plant with input from a
    250MW green hydrogen plant at Bell Bay, Tasmania

    3 – World’s largest green ammonia plant in South Australia, a part of which is a
    USD173 million Eyre Peninsula Gateway Hydrogen Project

    Undoubtedly, the rest of the world is engaged in numerous green NH3 activities – Japan, Korea, China, Germany, UK, USA, and many others.

    So unlike the hype from Alex Koyfman, FuelPositive has a bright future, but it is not going to be the pivot to the green NH3 revolution.

    Reply
  16. a long road ahead without goverment backing this company will take years to mass produce the nh3 generators the feds are bent on subsidising tar sands and carbon sequestration hence the co2 pipe line to cold lake alberta. this is not going to change because its easier to tax big monopolyies remember that co2 is sixty percent oxygen if we take 500 billion tons of co2 per year to 2050 thats 6 trillion tons of oxygen gone into the ground this may be 5% or one quarter of eaths oxygen no one has a real grasp of the amount of oxygen there is the amount being consumed or how much the planet produces. one thing for sure it will take the comoners to change the path were on and we hold the key to how things unfold make your mark wiyh your vote erin is pro oil to so only the greens are left.

    Reply
  17. not untill he gets an commitment from large investor to produce 10000 units per year like the ev start ups which is going to be a dead end look at the trillions that are being invested by car companys and the additional trillions we have to invest in 10 year evs and then you will get the clincher a 4 fold increase in electricity rates instead of 60$ per month it will cost at least 250$ per month thats when amonia internal combustion engines will reamergeand amonia from air and water will peak . this will take longer vthan 2-3 years probably 10 years

    Reply
  18. I’m seriously beginning to wonder if NHHH management are really serious about making money. So far, I’ve seen excited announcements about hiring wonderfully accredited people (no doubt on high salaries) and management keeps on spruiking about running agricultural trials. Why ? Ammonia used as a fertiliser is well proven. We’re looking for proof that they can manufacture the machines to make the NH3. How about seeing that? They are ready to take orders, but the proof seems to be missing ?

    Reply

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