OTC Bulletin Board S & P Company Insight for HYPERSOLAR INC
Profile
	Business Summary: HyperSolar, Inc., a development-stage company, is developing a solar concentrator technology to increase the power output of solar cells. The company is developing a thin and flat solar concentrator that it believes can deliver substantially more sunlight onto solar cells.   Address   93-B Castilian Dr.   Santa Barbara , CA 93117   Phone: 805-968-0600   Website: http://www.hypersolar.com Auditor   HJ Associates & Consultants Transfer Agent   Computershare Trust Company, N.A. Employees:  2 ShareHolders:  108 Founded:  2009 Domicile:  Nevada
Background
	HyperSolar, Inc., in the development stage as of Dec. 31, 2009, is developing a solar concentrator technology to increase the power output of solar cells. As of April 2010, the company was working on, but had not completed, a working prototype of its technology. Based on micro-photonics and existing manufacturing processes, HyperSolar is developing a thin and flat solar concentrator that the company believes can deliver substantially more sunlight onto solar cells. HyperSolar believes this new approach allows solar cells to produce multiple times more power. The thin and flat nature of this solar concentrator is intended to allow it to be placed as a layer directly on the surface of solar cells in conventional photovoltaic flat panel designs. With the HyperSolar product as the top layer, the company believes solar manufacturers can use significantly fewer solar cells in the production of solar panels, thereby reducing the cost per watt of solar electricity. Since its inception, HyperSolar has been primarily involved in research and development activities associated with the filing of a patent application and designing and fabricating a working prototype. When it has completed a commercial product design based on its technology, HyperSolar intends to use licensing and partnering strategies to enter the market. The company intends to reduce the cost of solar panels by replacing expensive solar cells with its inexpensive optical solar concentrators. When fully developed, HyperSolar believes that its solar concentrator technology, based on polymer materials and processes, will cost less to manufacture than photovoltaic solar cells based on semiconductor materials and processes. The company's technology acts as a thin and flat magnifying glass that can be placed directly on the surface of solar cells to magnify the power of the sun to significantly increase the power output of solar cells. Instead of covering the entire panel surface with solar cells, manufacturers can cover the panel with HyperSolar layers to collect the sunlight and use fewer solar cells underneath the HyperSolar layers for electricity conversion. The company's patent-pending technology is based on four primary innovations: micro concentrators, photonics light routing, photonics light separation and photonics thermal management. HyperSolar, Inc. was founded in February 2009 and is headquartered in Santa Barbara, California. History:  INCORPORATED in Nevada Feb. 18, 2009.
Management
	Management Officers Position  Timothy  Young President, Chief Executive Officer & Acting Chief Financial Officer  Ronald  Petkie Chief Technology Officer Directors  Christopher  Marquis  Timothy  Young
Annual Report
	Annual Report   Income Statement   2009 Selling & marketing exps. 5 General & admin. exps. 4 Research & development exps. 32 Depr. & amort. Nil Interest exp. 1 Net income (42) Share earns. basic Nil Share earns. diluted Nil   Balance Sheet   2009 Assets: Cash & equiv. 4 Tot. curr assets 4 Domain 5 Patents 4 Total assets 13 Liabilities: Accruals 2 Notes pay. 44 Tot. curr. liabs. 46 Com. stk. 114 Paid-in cap. (105) Retained earns. (42) Total liabs. and equity 13 Common Shares (Thou.) 113,527
Interim Report
	Interim Report    07/01/2009  -  12/31/2009   Income Statement   2009 Selling & marketing exps. 19 General & admin. exps. 304 Research & development exps. 66 Depr. & amort. 1 Interest exp. 2 Net income (392) Share earns. basic Nil Share earns. diluted Nil   Balance Sheet   2009 Assets: Cash & equiv. 532 Other assets 3 Tot. curr assets 535 Net property 3 Domain 5 Patents 4 Total assets 547 Liabilities: Accruals 182 Accts. pay. 5 Tot. curr. liabs. 187 Com. stk. 121 Paid-in cap. 672 Retained earns. (433) Total liabs. and equity 547 Common Shares (Thou.) 121,378
Pro Forma Report
	Pro Forma Report      Data Not Available
Quarterly Report
	Quarterly Report Information      Quarterly Revenue   Data Not Available   Quarterly Net Income, US$ Year Quarter Revenue   2010   3 Nil   2009   Full Year (120,000)     Quarterly EPS, US$ Year Quarter Revenue   2010   1 Nil   2010   2 Nil   2010   3 Nil
Stock Data
	Capitalization as of 12/31/2009:     Authorized Shares Outstanding Shares Preferred $0.001 par 5,000,000 None Common $0.001 par 500,000,000 121,378,100   LONG TERM DEBT: None.   Common $0.001 par   Stockholders:  04/14/2010, 108. PRINCIPAL STOCKHOLDERS: April 14, 2010, Pearl Innovations, LLC. owned or controlled 25.7% of the Common, Cumorah Capital, Inc. 25.6% and Timothy A. Young 7.9%.   Transfer Agent:  Computershare Trust Company, N.A.   Canton , MA   OTC Bulletin Board( Primary): HYSR   Exchange Year High Low OTC Bulletin Board 2010 0.0000 0.0000   DIVIDENDS: Common $0.001 par: No cash. Common split 20-for-1, Sept. 11, 2009.