Clement, I hope I didn't hurt your feeling with my last post, here is something a little more factual, that may be to your liking...
Thermo Tech has proven thier plants, they are profitable, and have some of the largest food waste producing companies onboard using the TMP. Coca~Cola, Kraft Foods, Mead Johnson ect... all with supply contracts.
Thermo Tech is being recognized by some of the largest companies around the world as the solution to the organic waste problems troubling society. Look at the list of the giants who have toured the plants. Hyundia, Bucksang, Mitsui, U.S Filter ect... some have toured 2 or even 3 times. Although nothing concrete has developed just yet, things will eventually fall in place with a major. No one can dispute the technology which is patented for North America and 90 other countries around the world to Thermo Tech for the next 20 years.
Hopefully someday the Polish companies will have something to tour other than just a brochure, because upon speaking to IR it would be favorable to have the TMP's operating in Europe. This would prove once again to be another example of the Thermo Tech Master Process benifiting society, and the environment. However, I think ITT could handle this task.
If Trooper builds plants it's a benifit to all us TTRIF shareholders, and the one's still hanging on to TPP. If Trooper does not make it; TT still has profitable operating plants, and is stillin position for global commercialization. As stated in my last post, It's oblivious that the broader experience base you have in a company, the more you understand the business, and the better chances you have at success. All of TT's upper mgmt. have at least 20-25 years of experience each.
Any technology intensive company goes through R & D and into commercialization once. For all of us shareholders in TTRIF that point of commercialization is starting to come into focus. The up and coming construction is most welcomed.
BTW, it's not too late to gain a position into TTRIF, as the construction, and spin off's are just around the corner.
Regards, Izzy. |