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Technology Stocks : Thermo Tech Technologies (TTRIF)
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To: Zeev Hed who wrote (3920)4/9/1998 1:14:00 PM
From: Casey  Read Replies (1) of 6467
 
<<Still, it would be important to find the exact language defining the technology licensed to determine where this case might go.>>

In 1993, TT had set themselves up to license their Thermophilic Technology - the process. The deal with Trooper was to provide them with this license. As TT developed, they evolved the TMP. There is a difference betwixt the 2.

There are four main process systems in a TMP:
1. raw material receiving and preparation,
2. Thermophilic process,
3. dewatering/drying, evaporation and pelletizing, and
4. ventilation and odour control.

The agreement with Trooper was for # 2 only. That was and is the deal. Trooper got all the engineering information to satisfy that deal and now, IMO, Trooper doesn't have a leg to stand on. They are going after processes for which they never struck a deal - they didn't exist in 1993!
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