Message #8287 From:
mas Date: May 17, 2008 09:31:23 AM
Re: updated 10k
In regards to Egypt being pushed to the 4th quarter.....
I disagree, it states " 3. generate revenue from Egypt landfill operation - present through October 2008. Obviously, the estimate for the environmental approval has passed, about 1 month ago, but the approval could be announced anyday now. IMHO this announcement will be more important and would come before any financing arrangements, as these arrangements will be predicated upon income flows from the landfill operation.
Great to see additional patent(s) applied for with add-power.... and that there has been some potential customers interested in the units....
However, no one has laid out cash for these units.
Negatives I see at this point:
The company does not appear ready to manufacture the add-power units in any substantial quantity, or have budgeted for such costs. Would this then indicate the lack of interest, and as shown by the fact that NO one has laid cash down after viewing the units over the past 6 months?? Another question comes to mind, after seeing the lack of interest, whether or not the units are feasible economically for these industrial plants.
The company wants to pursuit the solar angle. Great, but why pursuit this expensive R&D work at such a critical time. Stupid idea when to date, there is no interest in add-power, again, the feasibility issue with this technology??
Negotiating and constructing landfill sites should be number one priority.
Second, a massive marketing program to the endless number of industrial plants around the world for the add-power units. If feasible, this would provide us with either cash for the manufactured units, or better yet Lease payments and royalty fees for the units and electricity, water, and construction materials.
