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I'm still here but have nothing to report.
SLUPPY
Buc; no news on this end.......
SLUPPY
What you don't recognize is the fact that when over 900,000 shares on July 21st, it was in a range of .034 - 041; with 406,854 shares trading at .041. Yes, I find it interesting. Buy trades or sell trades? I think BUY! Someone(s) paid over $35,000, for no reason?? I think NOT!!
SLUPPY
Please let me/us know if anything comes to fruition with your "feelers"! Thanks.
SLUPPY
Something seem to be going on; don't know what. Nearly 1,000,000 shares traded today; .034-041. Do remember I called this stock as a great buy when it was .005-.01.
SLUPPY
J3 opens its doors
New environmental engineering research and technology development firm opened its doors in April 2013 ……
http://www.buttenews.net/index.php/component/content/article/11-latest-news/463-new-environmental-engineering-and-technology-firm-opens-in-butte
J3 personnel have also been appointed to handle the marketing of the Molecular Bonding System (MBS) due to their expertise at testing and applying the product. This technology is a patented heavy metal treatment agent developed by Solucorp Industries in the 1990s. MBS can effectively reduce the leachability of heavy metals in soils, sediments, sludges, process wastes, fly ash, lead paint chips and lead residues as well as in flue gas including scrubber and bag house applications. The product can also be used in combination with other treatment materials effectively. The MBS treatment process has been tested and approved by the EPA and has also been used at facilities throughout the United States and in Europe.
SLUPPY
Been awhile since I've seen anything about agreements between SLUP/GTGP, but GTGP will have to pay SLUP handsomely if they use their MSB technology. I sure hope they do.
J3 opens its doors
New environmental engineering research and technology development firm opened its doors in April 2013 ……
http://www.buttenews.net/index.php/component/content/article/11-latest-news/463-new-environmental-engineering-and-technology-firm-opens-in-butte
J3 personnel have also been appointed to handle the marketing of the Molecular Bonding System (MBS) due to their expertise at testing and applying the product. This technology is a patented heavy metal treatment agent developed by Solucorp Industries in the 1990s. MBS can effectively reduce the leachability of heavy metals in soils, sediments, sludges, process wastes, fly ash, lead paint chips and lead residues as well as in flue gas including scrubber and bag house applications. The product can also be used in combination with other treatment materials effectively. The MBS treatment process has been tested and approved by the EPA and has also been used at facilities throughout the United States and in Europe.
SLUPPY
IF SLUP and EMHI put together what the've been discussing for some time now, SLUP is an insane good buy at @ $.005.
As for SLUP getting off the GREYS; probably no time soon.
MBS technology belongs to SLUP; the golden egg.
Good luck BUC!!
SLUPPY
MBS belongs to SLUP.
SLUPPY
It might be EMHI/SLUP. Not sure if GTGP/J3 will be invited to the party.
SLUPPY
Not really; other than First Solar is a large company.
SLUPPY
http://dockets.justia.com/docket/delaware/dedce/1:2013cv02006/53795
Solucorp Industries Ltd. et al v. First Solar Inc. (FSLR)
Plaintiff:
Integrated Fixation Systems Co. Inc. and Solucorp Industries Ltd.
Defendant:
First Solar Inc.
Case Number:
1:2013cv02006
Filed:
December 9, 2013
Court:
Delaware District Court
Office:
Wilmington Office
County:
XX US, Outside State
Presiding Judge:
Gregory M. Sleet
Nature of Suit:
Other Contract
Cause of Action:
28:1441
Jury Demanded By:
Plaintiff
Still here sctts. Nothing new to report however; just dormant. I'm still adding at this level, but keep in mind that a little over $4,000 traded yesterday. Just wonder if the two trades were buys or sells?
SLUPPY
It took a few weeks, but was finally able to increase my position today.........Low risk, High reward at this level.
SLUPPY
I've got a couple of bids in for a great deal of SLUP. Hope they both fill.........a bargin price.
SLUPPY
Loved it sctts!! Great post too!! SLOOPY
Nice post recon; agree with your assessment. I'm with you to, as I remember the $3.00 high. Only wish I'd sold!
SLUPPY
GTGP or J3; SLUP will benefit!
SLUPPY
Very informative post Gone4. As for the SLUP/EMHI agreement, here is what it said a couple of years ago. Whether it is being renegotiated, I don't know.
Here is what I find to be the most intersting part of the agreement below: EMHI Agrees that approximately 75% of its common share, which will be subject to a shareholder distribution agreement to be approved by Solucorp who will act on behalf of its shareholders, will be issued to Solucorp as further consideration of this agreement. Solucorp agrees that upon receipt of these shares the share will be held in escrow until distributed directly to Solucorp shareholders.
SLUPPY
EX-10 14 ex10.htm INTELLECTUAL PROPERY ACQUISITION
INTELLECTUAL PROPERY ACQUISITION
OPTION AGREEMENT
This AGREEMENT dated as of November 23, 2010 (this “Agreement”) by and between East Morgan Holdings, Inc. with its principal offices located at 3100 northeast 48th Street, Suite 917, Fort Lauderdale, Florida 33308 (“EMHI”), and Solucorp Industries Ltd., a Yukon corporation with an office located at 100 Dutch Hill Road, Orangeburg, New York 10962 (“SOLUCORP”).
WITNESSETH
WHEREAS, SOLUCORP is the owner of patented processes and various other patented products to remediate hazardous, heavy metal contaminated soils, sludges and ashes (hereinafter “MBS”) and various other proprietary products, which prevent pollution from heavy metal contamination:
WHEREAS, EMHI is a Delaware company and for the purposes of the Agreement includes investors in EMHI who are interested in entering into the energy business and interested in acquiring all of Solucorp’s intellectual property, patents and business as it relates to the energy industry;
WHEREAS, SOLUCORP is interested in entering into this Agreement with EMHI for the purpose on increasing its revenues within the Energy market.
NOW, THEREFORE, in consideration of the mutual promises and covenants herein contained and for the good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, and intending to be legally bound hereby, the parties hereto agree as follows:
SECTION 1. Cooperation – SOLUCORP will cooperate with EMHI to provide data and support in the development of EMHI’s business.
SECTION 2. Support
(a) AOLUCORP Support – At all times during the term of this Agreement, SOLUCORP will provide reasonable technical and marketing support, as limited to SOLUCORP’s capabilities, to EMHI. Upon EMHI’s request, SOLUCORP shall, within reason, promptly make available such of its officers and personal so as to enable EMHI to perform it obligations set forth in this agreement.
SECTION 3. Business Terms-
· EMHI will pay SOLUCORP the sum of $25,000,000.00 (Twenty Five Million) in cash as follows: $1,500,000.00 (One Million five hundred thousand Dollars) acknowledged as received upon signing of this agreement and $1,425,000.00 (One Million four hundred twenty five thousand Dollars) to be paid within 360 days and another $1,425,000.00 (One Million four hundred twenty five thousand Dollars) to be paid within 180 days of previous payment. Additionally, EMHI also agrees to pay $675,000 to Gemini Master Fund to release all liens on the assets and intellectual property rights held by Gemini pursuant to a previous loan agreement between Gemini and Solucorp. Solucorp acknowledges that such payment has been made as part of the Agreement. The balance of $19,975,000 (Nineteen Million nine hundred seventy five thousand)to be paid from 10% of EMHI’s revenues as earned, payable on a quarterly basis or #1,000,000 annually, whichever amount is greater. The value of the intellectual property is based upon the cost of development of patented technology and know-how and the size of the energy market. Both Parties agree that an independent valuation will be made to verify the value of the transaction. In the event there is a mutual difference between the purchase price and the independent evaluation, the Parties agree that a commercially reasonable adjustment to purchase price shall be made.
· Notwithstanding the above EMHI will pay Solucorp a royalty equally to 5% of its gross profit which is equal to gross sales minus cost of goods sold, commencing on July 1, 2012.
· EMHI agrees to issue 8 million preferred non-voting shares to Solucorp or their assignees pursuant to contractual agreements previously entered into by Solucorp.
-1-
--------------------------------------------------------------------------------
· EMHI Agrees that approximately 75% of its common share, which will be subject to a shareholder distribution agreement to be approved by Solucorp who will act on behalf of its shareholders, will be issued to Solucorp as further consideration of this agreement. Solucorp agrees that upon receipt of these shares the share will be held in escrow until distributed directly to Solucorp shareholders. To avoid a “control situation”’ Solucorp further agrees that it relinquishes all rights to vote these shares “prior to” distribution to its shareholders. This distribution will take place no later than 60 days from signing this agreement and/or upon completion of required documentation and regulatory approvals.
· Solucorp will transfer all its intellectual property rights upon receipt of the first $5 million dollars. Until such time, EMHI shall have exclusively all rights associated with the ownership of Solucorp’s Energy related products which includes Power Plant Emission Control Technology, Power Plant Ash Remediation Technology, which also remediates heavy metals in waste water, radioactive energy related technology, and solar energy technology and all proprietary rights, patents, know-how and contracts in existence or pending.
· Solucorp will perfect a lien on all intellectual property until the entire $25,000,000 has been paid.
· Failure to make the initial $5 million in payments referenced above will result in a penalty of 5%of the payment amount due on the $5 million balance each 30 days such payment is delinquent. In the event the entire principal amount due including all accrued penalties are not paid within an additional 180 days, all ownership rights shall be forfeited all all monies paid shall remain the property of Solucorp free on any lien or encumbrance.
· EMHI agrees to exclusively purchase MBS Reagents from Solucorp at cost plus 25%.
SECTION 4. Use of Process – Except as otherwise provided in this Agreement, this Agreement shall only pertain to Solucorp’s energy related products.
SECTION 5. Confidentiality and Other Matters – The parties acknowledge that in order to further the purpose of this Agreement , the parties will refer to the executed non-disclosure agreement.
SECTION 6. Governing Law, Severability
(a) Should any provision of this Agreement be determined to be unenforceable or prohibited by any applicable law, the remained of this Agreement will continue in full force and effect.
(b) If any part of this Agreement should be disputed in a court of law, the parties agree that the proper venue will be the State of New York, United States of America.
(c) All issues related to standard “due diligence” criteria necessary for both parties’ Board of Directors to make a reasonable business decision to complete the formal final agreement have been completed in accordance with corporate law of each respective party.
SECTION 7. Expenses – During the term of this Agreement, each party hereto woll assume and pay all expenses of their respective business operations, including, without limitation, any and all costs and expenses related to their respective telephone, automobiles gasoline costs, postage, wages, taxes, social security taxes, unemployment and disability benefits, workman’s compensation, etc.
SECTION 8. Relationships – This Agreement, except as otherwise provided herein or as may be authorized in writing by both parties does not constitute any partnership or any other intimate type relationship between the parties other than purchaser and seller.
SECTION 9. Assignment. Except as otherwise provided herein, this Agreement may not be assigned by the parties hereto.
-2-
--------------------------------------------------------------------------------
SECTION 10. Default. Each party hereto shall have the right to correct a default in the performance of such party’s obligations hereunder within thirty (30) days upon receiving notice by certified mail to the appropriate address of the defaulting party. Default must be cured pursuant to the terms set forth in Section 3.
SECTION 11. Agreement. This Agreement constitutes the Agreement between the parties hereto and supersedes and cancels any and all previous contracts, agreement and understandings, and this Agreement may be altered only by written instrument duly executed by both parties hereto. This Agreement is subject to the approval of all regulatory authorities.
EMHI hereby agrees to file a registration Statement on Form S-1 within thirty (30) days of execution of the Agreement.
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed and delivered by their duly authorixed officers as of the date first written above.
SOLUCORP INDUSTRIES LTD.
Joseph Kemprowski James Ryan
Witness President
EAST MORGAN HOLDINGS, INC.
Richard Greene Richard Runco
Witness President
-3-
--------------------------------------------------------------------------------
No; it isn't the acquistion of SLUP, but meerly steps still being taken to consumate the agreement which I posted.
SLUPPY
236T568; chew on this!
SLUPPY
EX-10 14 ex10.htm INTELLECTUAL PROPERY ACQUISITION
INTELLECTUAL PROPERY ACQUISITION
OPTION AGREEMENT
This AGREEMENT dated as of November 23, 2010 (this “Agreement”) by and between East Morgan Holdings, Inc. with its principal offices located at 3100 northeast 48th Street, Suite 917, Fort Lauderdale, Florida 33308 (“EMHI”), and Solucorp Industries Ltd., a Yukon corporation with an office located at 100 Dutch Hill Road, Orangeburg, New York 10962 (“SOLUCORP”).
WITNESSETH
WHEREAS, SOLUCORP is the owner of patented processes and various other patented products to remediate hazardous, heavy metal contaminated soils, sludges and ashes (hereinafter “MBS”) and various other proprietary products, which prevent pollution from heavy metal contamination:
WHEREAS, EMHI is a Delaware company and for the purposes of the Agreement includes investors in EMHI who are interested in entering into the energy business and interested in acquiring all of Solucorp’s intellectual property, patents and business as it relates to the energy industry;
WHEREAS, SOLUCORP is interested in entering into this Agreement with EMHI for the purpose on increasing its revenues within the Energy market.
NOW, THEREFORE, in consideration of the mutual promises and covenants herein contained and for the good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, and intending to be legally bound hereby, the parties hereto agree as follows:
SECTION 1. Cooperation – SOLUCORP will cooperate with EMHI to provide data and support in the development of EMHI’s business.
SECTION 2. Support
(a) AOLUCORP Support – At all times during the term of this Agreement, SOLUCORP will provide reasonable technical and marketing support, as limited to SOLUCORP’s capabilities, to EMHI. Upon EMHI’s request, SOLUCORP shall, within reason, promptly make available such of its officers and personal so as to enable EMHI to perform it obligations set forth in this agreement.
SECTION 3. Business Terms-
· EMHI will pay SOLUCORP the sum of $25,000,000.00 (Twenty Five Million) in cash as follows: $1,500,000.00 (One Million five hundred thousand Dollars) acknowledged as received upon signing of this agreement and $1,425,000.00 (One Million four hundred twenty five thousand Dollars) to be paid within 360 days and another $1,425,000.00 (One Million four hundred twenty five thousand Dollars) to be paid within 180 days of previous payment. Additionally, EMHI also agrees to pay $675,000 to Gemini Master Fund to release all liens on the assets and intellectual property rights held by Gemini pursuant to a previous loan agreement between Gemini and Solucorp. Solucorp acknowledges that such payment has been made as part of the Agreement. The balance of $19,975,000 (Nineteen Million nine hundred seventy five thousand)to be paid from 10% of EMHI’s revenues as earned, payable on a quarterly basis or #1,000,000 annually, whichever amount is greater. The value of the intellectual property is based upon the cost of development of patented technology and know-how and the size of the energy market. Both Parties agree that an independent valuation will be made to verify the value of the transaction. In the event there is a mutual difference between the purchase price and the independent evaluation, the Parties agree that a commercially reasonable adjustment to purchase price shall be made.
· Notwithstanding the above EMHI will pay Solucorp a royalty equally to 5% of its gross profit which is equal to gross sales minus cost of goods sold, commencing on July 1, 2012.
· EMHI agrees to issue 8 million preferred non-voting shares to Solucorp or their assignees pursuant to contractual agreements previously entered into by Solucorp.
-1-
--------------------------------------------------------------------------------
· EMHI Agrees that approximately 75% of its common share, which will be subject to a shareholder distribution agreement to be approved by Solucorp who will act on behalf of its shareholders, will be issued to Solucorp as further consideration of this agreement. Solucorp agrees that upon receipt of these shares the share will be held in escrow until distributed directly to Solucorp shareholders. To avoid a “control situation”’ Solucorp further agrees that it relinquishes all rights to vote these shares “prior to” distribution to its shareholders. This distribution will take place no later than 60 days from signing this agreement and/or upon completion of required documentation and regulatory approvals.
· Solucorp will transfer all its intellectual property rights upon receipt of the first $5 million dollars. Until such time, EMHI shall have exclusively all rights associated with the ownership of Solucorp’s Energy related products which includes Power Plant Emission Control Technology, Power Plant Ash Remediation Technology, which also remediates heavy metals in waste water, radioactive energy related technology, and solar energy technology and all proprietary rights, patents, know-how and contracts in existence or pending.
· Solucorp will perfect a lien on all intellectual property until the entire $25,000,000 has been paid.
· Failure to make the initial $5 million in payments referenced above will result in a penalty of 5%of the payment amount due on the $5 million balance each 30 days such payment is delinquent. In the event the entire principal amount due including all accrued penalties are not paid within an additional 180 days, all ownership rights shall be forfeited all all monies paid shall remain the property of Solucorp free on any lien or encumbrance.
· EMHI agrees to exclusively purchase MBS Reagents from Solucorp at cost plus 25%.
SECTION 4. Use of Process – Except as otherwise provided in this Agreement, this Agreement shall only pertain to Solucorp’s energy related products.
SECTION 5. Confidentiality and Other Matters – The parties acknowledge that in order to further the purpose of this Agreement , the parties will refer to the executed non-disclosure agreement.
SECTION 6. Governing Law, Severability
(a) Should any provision of this Agreement be determined to be unenforceable or prohibited by any applicable law, the remained of this Agreement will continue in full force and effect.
(b) If any part of this Agreement should be disputed in a court of law, the parties agree that the proper venue will be the State of New York, United States of America.
(c) All issues related to standard “due diligence” criteria necessary for both parties’ Board of Directors to make a reasonable business decision to complete the formal final agreement have been completed in accordance with corporate law of each respective party.
SECTION 7. Expenses – During the term of this Agreement, each party hereto woll assume and pay all expenses of their respective business operations, including, without limitation, any and all costs and expenses related to their respective telephone, automobiles gasoline costs, postage, wages, taxes, social security taxes, unemployment and disability benefits, workman’s compensation, etc.
SECTION 8. Relationships – This Agreement, except as otherwise provided herein or as may be authorized in writing by both parties does not constitute any partnership or any other intimate type relationship between the parties other than purchaser and seller.
SECTION 9. Assignment. Except as otherwise provided herein, this Agreement may not be assigned by the parties hereto.
-2-
--------------------------------------------------------------------------------
SECTION 10. Default. Each party hereto shall have the right to correct a default in the performance of such party’s obligations hereunder within thirty (30) days upon receiving notice by certified mail to the appropriate address of the defaulting party. Default must be cured pursuant to the terms set forth in Section 3.
SECTION 11. Agreement. This Agreement constitutes the Agreement between the parties hereto and supersedes and cancels any and all previous contracts, agreement and understandings, and this Agreement may be altered only by written instrument duly executed by both parties hereto. This Agreement is subject to the approval of all regulatory authorities.
EMHI hereby agrees to file a registration Statement on Form S-1 within thirty (30) days of execution of the Agreement.
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed and delivered by their duly authorixed officers as of the date first written above.
SOLUCORP INDUSTRIES LTD.
Joseph Kemprowski James Ryan
Witness President
EAST MORGAN HOLDINGS, INC.
Richard Greene Richard Runco
Witness President
-3-
--------------------------------------------------------------------------------
buc; I still think SLUP would be a better buy than EMHI; BECAUSE if and when the EMHI/SLUP contract is consumated, SLUP shareholder will receive shares of EMHI. Possibly 2 shares of EMHI for every 3 shares of SLUP you own.
SLUPPY
gone4ever; I understand your post and if correct, that is good for Solucorp too. But the one thing that I'm pretty sure of it was Solucorp that contracted with the Ash Grove cement plant for the test. Solucorp hired MSE to do the retrofit and it was never a GTGP contract.
SLUPPY
MSE has the physical plant applications that allows them to do retrofits. GTGP does not. I don't know for sure, but I think contracts with cement and energy plants are the same thing. GTGP only gets access to this after the EMHI/SLUP contract is consumated.
I agree with the rest of your post.
SLUPPY
briandinstl; jcwillis; please catch up with me at mmcclary55@gmail.com.
SLUP has been playing very close to the vest....no PR's. SLUP's agreement with EMHI seems to be the best to me, as they will (the shareholders of SLUP) receive shares of EMHI. But not sure how much.
SLUPPY
jcwillis; here is the PR that I was referring to:
East Morgan Holdings Inc. Finalizes Energy Intellectual Property and Patent Acquisition Agreement
East Morgan Holdings, Inc." (PN) (USOTC:EMHI)
East Morgan Holdings, Inc. (OTC: EMHI) is pleased to announce today that it has finalized an agreement with Solucorp Industries Ltd. to purchase Solucorp’s intellectual property as it relates to the energy market, including but not limited to its IFS-2C Patented Mercury Emission Technology, (US 7,407,602 B2, August 5, 2008). This purchase agreement includes all energy related patents, patent pending applications, and intellectual rights along with their know-how. In addition, all executed or pending energy contracts including, but not limited to the following:
A research and development, royalty and intellectual property contract (press release August 18, 2010) with a major Energy Company to develop a second generation “Green” energy product capable of preventing metals pollution upon the end of the useful life of the energy product.
IFS-2C patented mercury removal technology proven to substantially reduce both elemental and ionic mercury emissions from coal burning power plants.
Patented MBS remediation technology to render mercury and other hazardous heavy metals in ash from power plants non-hazardous.
Patented MBS waste water treatment technology to remediate all metals including mercury in waste water from coal burning energy plants.
All intellectual property and know-how as it relates to household and other self-remediating batteries, including all prototypes.
IFS-2C technology for the remediation of mercury contaminated coal ash and other U.S. EPA listed hazardous heavy metal contaminated wastes produced in coal burning Portland Cement plants.
The agreement requires EMHI to pay $25 million in cash which will be raised from private investors, existing contracts and percentages of revenues to Solucorp and 75% of its commons shares to be distributed to Solucorp Shareholders, giving an estimated two shares of EMHI for every three shares of Solucorp held by Solucorp shareholders. The monies will be paid to Solucorp in increments throughout the life of contract.
Solucorp will also receive royalty payments equal to 5% of EMHI’s gross profit commencing July 1, 2012 and will be EMHI’s exclusive supplier of the MBS chemical reagents.
Why would you not want to own shares of Solucorp at this price?
SLUPPY
jcwillis; I don't have the link right at hand; however, Solucorp's agreement with EMHI will include Solucorp shareholders getting shares of EMHI based on the number of SLUP shares owned, but I don't know exactly how many. I think this is still being negotiated.
SLUPPY
jcwillis; here's one example
Global Technologies Group, Inc. Announces Joint Venture Agreements with Solucorp Industries
May 23 11
Global Technologies Group, Inc. announced Joint Venture agreements with Solucorp Industries, Ltd. Solucorp Industries has agreed to a Joint Venture for that specific use of the new mixture of MBS/M2 for all types of projects not covered under the original exclusive license grant and it will be 50% of net proceeds received by Global. Global's original license is for Brown Fields designated lands, Superfunds, reclamation and redevelopment. A second Joint Venture agreement with Solucorp covers all applications of the MBS technology use with the exclusion of energy related projects. This JV will give Solucorp 50% of the net proceeds for any projects incorporating the MBS technology and does not affect the original exclusive license agreement Global was issued.
Simply put jcwillis; Solucorp owns the MBS technology. Its contracts/JVs with EMHI/GTGP or ANYONE, SLUP repeats the rewards of any deals done.
$500 gets you 25,000 shares at $.02. A great Risk/Reward IMO.
SLUPPY
Yes 236T568; you finally got it!
SLUPPY
MBS FULL SCALE CEMENT PLANT TESTING FINAL REPORT
MBS
Global Technologies Group Inc is a company with an exclusively licensed patented system to clean earth polluted with heavy metals using an EPA tested and approved method which qualified it for Superfund approval. Superfund is the federal government's program to clean up the nation's uncontrolled hazardous waste sites.
A second Joint Venture agreement with Solucorp covers all applications of the MBS technology use with the exclusion of energy related projects.
Hey, take it up with GTGP, they stated that they had a JV with SLUP for the MBS cement plant.
This for the June 2012 small scale MBS test report:
http://www.glbtech.com/upload_user/mse-300_MBS_Mercury_lReport_r.pdf
Global Technologies Group, Inc. (Global) contracted MSE Technology Applications, Inc. (MSE) to perform a series of tests on behalf of a cement plant to determine if a Molecular Bonding System (MBS), a metals treatment agent, could further reduce mercury emissions under conditions typically found at cement plants.
so are you saying that GTGP has been making false statements all along about its MBS JV with Solucorp for cement plants?
(1) GTGP purchased the EXCLUSIVE license for MBS soil remediation directly from SLUP.
(2) GTGP has JV for MBS cement plants directly with SLUP
(3) in the power plant/energy plant MBS field, GTGP has no agreements with anyone, unless an old agreement that was allegedly signed with EMHI, without EMHI owning anything counts.
The DOE has never approved the GTGP MBS cement plant reports. Never!
The DOE never requested bids from GTGP.
The MBS for cement plants is managed under a Joint Venture between Solucorp and GTGP, with Solucorp being the one that has the MBS patents for cements plants assigned to it.
it has been GTGP that has claimed ownerhip of the MSE MBS report all along
One other thing...GTGP has contracted with EMHI. This deal has no teeth until the SLUP/EMHI contract is consumated. What the relationship is now between EMHI and GTGP is up in the air to me. MSE's plant is critial to GTGP, but where are they at in acquiring the MSE plant? Is it still possible?
SLUPPY