re "Information not forthcoming"
From the May 13, 2016 Shareholder update:
...Dear Shareholders,
We have spent the past month getting prepared for testing of the oil unit but I think it is an appropriate time to bring everyone up to speed on where we are and what we are trying to accomplish this summer.
Oil Unit:
We have had the generator and motor mounted and delivered to a testing facility outside of Houston, TX. The folks there are finalizing a testing vessel that meets our needs and over the next few weeks will complete the piping to ready the oil unit for testing. Our goal is to be able to test it at the assembly facility with different crude oil inputs to gather performance data. After that round of tests is completed, we hope to be able to move the unit to the field for onsite testing.
We have built a thesis around the ability to upgrade field oil to pipeline specifications, eliminating the need for chemical or outside heat. The secondary benefit of the reaction that takes place in the generator is that it will break down the crude oil, cracking the hydrocarbon chain and making it more valuable when sold to the refinery. We intend to have an independent engineering firm validate all of the testing variables which we will be able to share with the public as we get ready for commercial deployment.
The exact sales model is still to be determined, but it will be put in place at the direction of our partners at Sonic Cavitation once we have all of the data inputs.
Water Unit:
The water unit is also being prepared for onsite testing at a facility that presently treats various waste-water streams outside of Houston, TX. The Sonic Cavitation team is working hand-in-hand with this company to test the water units capabilities as part of their water treatment process. We will continue to update you on that progress through the summer.
Walsh has stated that once the Cav unit is proven, a PR will be released.
Rver
