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Re: mr_sano post# 9725

Tuesday, 07/22/2014 12:14:16 AM

Tuesday, July 22, 2014 12:14:16 AM

Post# of 56893
Absolutely TRUE.

Read it:

“The justification for the early termination is due to the project working to expedite the required testing and believes the full term of the lease is unnecessary to successfully complete testing.”
The Lease continues to be effective through October 15, 2014, and testing of the Company’s Equipment on TransCanada’s pipeline in Wichita, Kansas is ongoing. Data generated by, and results of the testing have not yet been determined.


They want to expedite or "speed up" the testing. This is a huge POSITIVE. SHL468 ia absolutely CORRECT. Why would they still keep the AOT until October 15. There is only one reason; the test is still ongoing and going well.

The answer is all in the 8-k. It is a clear positive. TRP had to give notice anyway, and at the shareholder meeting Gregg told us they were going to move us up north. This was completely expected. This is exactly what we WANT. Gregg told us that TransCanada are going to shut down the PS30 pipeline pump station in Kansas to overhaul the station. We are being moved elsewhere, which again is what we WANT.

The real beauty is in the language that TransCanada used in the letter to STWA that is quoted in the 8-k:

That the project is "Working" and that they are extending the test until October 15.

Score! This is AWESOME.