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Technology Stocks : Thermo Tech Technologies (TTRIF) -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (3917)	4/9/1998 12:18:00 PM
From: Ted B.	Read Replies (1) \| Respond to of 6467

Thermophilic Plants and Thermomaster Plants are not he same thing. TPP is entitled to the former and not the latter.

To: Zeev Hed who wrote (3917)	4/9/1998 12:19:00 PM
From: David Alon	Respond to of 6467

Yes, it covers all improvements to the technology, and that's the reason Judge Cohen ruled against TT the first time, also realizing that Rene LIED in his affidavit to the courts. That could be why he didn't or couldn't give another one. The question TT shareholders should be asking to themselves is: If he lies to the SEC or the court,then who says he's not lying to the shareholders.

To: Zeev Hed who wrote (3917)	4/10/1998 11:53:00 AM
From: m jensen	Read Replies (2) \| Respond to of 6467

Zeev, "Licensed Technology" IMHO, the answer to your question lies within the "License Agreement" A.)The Company is the licensee of a certain technological process (and certain patents, know-how, trade secrets and trade names) relating to the digestion of biodegradable waste, which technological process is called "Thermophilic Aerobic Digestion Process for Producing Animal Nutrients and other Digested Products", and which technological process is described in patent numbers US 4292328, US 4512103, CDN 1084762 and CDN 1208584 (such technological process together with the related trade secrets, know-how and trade names being hereinafter collectively referred to as the "Process"); B.The Company has explored the Process and has developed a digester and supporting equipment (collectively called the "Equipment" ), which digests biodegradable waste, and produces an end product which may be commercially utilized; C.The parties wish that the Company grant a license to the Licensee to utilize the Process and the ability to construct and use the Equipment in the Designated Territory (as hereinafter defined) on the terms and conditions hereinafter set forth. 1.01 Definitions. In this Agreement and in any schedules or amendments hereto, the following terms shall have the following meanings: (e) "Equipment" has the same meaning as in Recital B herein; g) "Plant" means a digestion plant consisting of one or more pieces of the Equipment; By the definitions from the license agreement the readers will note that the definition of a plant in ( g ) consists of one or more pieces of the "Equipment" So it would seem that by definition the word "Equipment" appears to be more all inclusive than the meaning of the word "Plant." To which TPP by it's License agreement are entitled to 25 years of Improvements from the time the contract was signed. 7.03 Disclosure of Improvements. The Licensee shall promptly disclose to the Company all particulars of any improvement or further invention applicable to any of the Process or Equipment which is made or discovered by the Licensee or any of its employees, or which comes to the Licensee's knowledge (whether or not the same be patented or patentable). The Company shall, upon execution of this Agreement, fully disclose the Process including the engineering specifications and fully disclose any Improvements, when made or developed from time to time hereafter, to the Licensee. For the purposes of this paragraph, "Improvements" means any and all improvements, enhancements, changes and modifications discovered or made by the Company to the Process, patents, know-how and related materials and documentation and only as these Improvements relate to the patents referred to in Recital A herein and only in regard to the applications of the Process or Equipment specifically licensed to the Licensee pursuant to this Agreement. In answer to Zeev's question: Does anyone knows the specific language defining the "Licensed Technology" in the license agreement? >Equipment specifically licensed to the Licensee pursuant to this Agreement.< B.The Company has explored the Process and has developed a digester and supporting equipment (collectively called the "Equipment" ), which digests biodegradable waste, and produces an end product which may be commercially utilized; The specifics of what is Licensed to TPP I would say is all the supporting equipment (collectively called the "Equipment" ), that allows for the process in Recital (A) to be utilized. And as we all know the actual plants do not change whether they are processing, Organic,Aquaculture, Sewedge, Animal manure, etc... Casey brought up the four main process systems in a TMP: They are as follows: 1. raw material receiving and preparation, 2. Thermophilic process, 3. dewatering/drying, evaporation and pelletizing, and 4. ventilation and odour control. He feels #2 is all TPP should have received. The License agreement disagree's with Casey's suggestions as # 1,3 and 4 would fall under "supporting equipment" as outlined in (B) above. Again of which TPP is entitled to 25 yrs per the license agreement starting from the date of signing. Zeev, and others please your opinions are welcome Regards Mike