InvestorsHub Logo
Followers 40
Posts 3318
Boards Moderated 0
Alias Born 08/18/2009

Re: None

Monday, 06/22/2015 9:48:07 AM

Monday, June 22, 2015 9:48:07 AM

Post# of 134
News: EVM has received payment of 25% of the $1 million development licence for Texas!

This is big, as it marks the first time (?) Enviromission has ever been paid for their IP, after spending more than a decade designing the tower & trying to commercialize it.

The remaining balance of the licence fee to be paid by EOY 2015, and they'll carry a non-dilutive 20% equity in the Texas tower(s)!!

http://www.asx.com.au/asxpdf/20150619/pdf/42z8z6g87qz3t7.pdf

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.