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Wednesday, October 08, 2014 3:20:28 PM
I’ve noticed that most investors concentrate almost solely on opportunities for DME contracts. Although Jim’s ultimate ambition was for DME to become the new alternative fuel, particularly in the US, our fuel systems are synergistic with many other fuels with the same characteristics. Also, not all DME contracts are necessarily the best revenue makers. Some of them are grants for research and profits are shared with the other companies involved. Those issued by the DOE are a 50/50 cost share. Again those often involve other companies where the profits are shared. I believe that DME is still in the beginning stages of development, particularly in the US.
(From Kathy's letter a few months ago)
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