Hello Peter,
First of all, congratulations for this amazing step. Seem’s like each of your announcement materialize (up-listing, co-listing, powder, torch contracts, etc.). That’s amazing for investors, thanks you.
I was reading your NWs from November 12th, 24th, June 3rd and some of your patents US9752206 ; WO 2013078549 etc.
I have some questions about that. I don’t know if they are relevant. If not, sorry to waste your time.
1 – Regarding to the replacement of oils torch by plasma torches.
Seem’s obvious that 1 plasma torch replace 1 oil torch because you specify they have an identic power of 1 MW(approx).
As you write « Thirty-six (36) is too exact a number to be random » , seems like each furnace has a multiple of 6/12 torches… but if it’s client A they already have 1 torch, and if it’s client B they already have 4… Moreover it specifies in your patent that plasma torch has a higher « heat available percentage » than other torch technology.(fig 2).
https://patentimages.storage.googleapis.com/d9/30/5d/df7afd6eb60c90/US9752206.pdf
- So I’m a little bit confuse. Can you confirm if it’s a 1 for 1 replacement?
- Can you explain to us the consequences of having dryer pelets when they are using your torches?
- Does all your clients have the same kind of furnace?
- Will it be safe to use your torch as a paperweight? (joke).
2- Regarding to the leasing company (mentioned in your NW from November).
- Will it be clear in your financial statement if the payments comes from the leasing company or from the clients?
- In addition to the capital paiement (make by the leasing compagny) do you will have any recurring incomes from the lease (I'm not talking about after-sale service, sometimes leasing compagny share the interest with the provider) ?
Cordially,
