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Hydro Power Technologies, Inc. Announced PCAOB Audit

Hydro Power Technologies, Inc. a diversified holding company with assets in green energy platforms, including ones such as hydropower, solar, and ORC technology, is pleased to announce the Engagement of an International PCAOB Accounting Firm for its PCAOB Audit.

The Company entered into an engagement with AJSH & Co LLP, an international accounting firm, to represent the Company as its Auditors for the financial reporting of Hydro Power Technologies, Inc. and its subsidiaries. AJSH is registered with Institute of Chartered Accountants of India, a Public Company Accounting Oversight Board of the United States of America, an ISO certified organization, and on May 21, 2021, AJSH & Co LLP became registered with Canadian Public Accountability Board.

AJSH & Co LLP are also affiliated with The International Accounting Group which is a worldwide alliance of independent accounting firms with more than 115 members based in over 65 countries.The Company will be completing its previous two years of audited financial statements in order to file a Form 10 with the Securities and Exchange Commission to transit from an alternative reporting company to a fully reporting company.

This will facilitate the submission to the British Columbia Securities Commission to remove the cease status in Canada that has been in place since 2012; before the current management and control group’s involvement with the Company, Playbox(US), Inc.Hydro Power Technologies’ mission is to provide and to continue to develop new innovative green hydropower technology options that are grid ready, safe, reliable and cost-effective to energy providers worldwide. The company has also developed a system to increase the power output of an impact turbine hydro generation system.

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