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Technology Stocks : DYMTF - DynaMotive Technologies

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To: Ronald Aguilar who wrote ()12/20/1999 6:58:00 PM
From: Walter Morton  Read Replies (1) of 61
 
Stated Goals for 1999 (were they achieved?):

Goals for 1999 as stated in 1998 Annual Report

- Operations will be restructured and consolidated
- Reduce unit production costs
- improve operating efficiency
- establish manufacturing alliance
- establish marketing alliance
- process lower value feedstocks such as forest residue and sugarcane bagasse into BioOil
- Begin construction of demonstration plant in Canada (5,000 - 8,000 barrels of BioOil per year)
- Finalize negotiations for demonstration plants in Latin America and Europe
- Manufacturers will provide performance guarantees which will validate the use of BioOil fuel for power generation.
- Establish commercial relationships with market leaders
- Sell 10 DynaPower systems

Which of the above goals were achieved?
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