>>The Company has entered into Letters of Intent or is negotiating for licensing fee arrangements for its other technologies including AquaFuel, SSTP, and Tunnel-Bats. The Company expects to generate revenues from these activities in the fourth quarter of 1998.<<
>>"These activities" does not necessarily mean AquaFuel. If it does, as the saying goes "this changes everything" I would hope that they would put out a PR if/when an AquaFuel deal is not only done, but generating revenues. It would certainly change this investor's perception of the technology.<<
Actually, Dan, the wording is a bit ambiguous but does give the impression that Letters of Intent or licensing arrangements are being negotiated specifically for all three technologies--Aquafuel, SSTP and Tunnel-Bats. It would also seem that the company intends to generate revenues from all three of these in the next quarter, whether from the actual sale of the product of from the licensing fees and Letters of Intent. "These activities" is somewhat indefinite but would have to refer to at least 2 of the mentioned activities.
Of course, the company only "expects" to generate revenues and we do not know how much in the way of revenues they expect to generate. However, we have to remember they have just been in business for one year, so these things take some time.
Furthermore, in one of his letters to me which I posted, Mark Clancy said that they were indeed currently engaged in the sale of Aquafuel. Of course, it is probably just small amounts and perhaps only for experimental purposes since they are still working out the details. Even if they are selling it, we don't know if they are selling it at a profit. Personally, I am willing to give them some time. RNTK took 18 years to get its TX deal!
From post number 78:
>>5. The Company is currently engaged in the direct sale of AquaFuel and related products << |
