West, I read that and have one more reason for owning this baby, thanks.
I see the larger income base being Tissue Welding over Landfill Gas Plants. The rights for welding are worldwide versus North America, welding will revolutionize surgery and have tens of thousands of potential applications versus probably dozens in the near future. The cost of startup equipment is far lower for welding. Build time for surgical instruments versus a gas plant, much less. Gas has the head start but welding is coming on fast.
I have been trying to ascertain the royalties on every operation performed. Here is what I believe is the going rate for Medical Royalties:
MRI safety and image compatibility and covers multiple product lines including vascular implants, catheters, guidewires, and implantable devices, with royalties ranging from 3% to 5% and multi-million dollar milestone payments on some products.
When CTUM names a partner, we will move much like BIPH they did when they teamed with Boston Scientific.
AIMHO
Airdale
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