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Re: None

Monday, 05/04/2015 7:46:24 PM

Monday, May 04, 2015 7:46:24 PM

Post# of 56990
I've said this before and I still think its a valid argument. The problem Gregg is having in getting a bonafide Purchase Order is that there may not be a precedent for this kind of purchase. The problem is not the purchase price of the hardware or even the technology as long as its a one time expense. What the pipeline companies absolutely do not want to do is couple future savings with a never ending expense. My feeling is that STWA should be paid a percentage of the savings the pipeline company enjoys on each and every barrel of crude that gets shipped through a pipeline outfitted with AOT technology. The out of pocket expense of the hardware and installation can be written off in a relatively short time especially with the money being saved on each barrel shipped. A royalty payment lasts forever and that's where the hang up is in the negotiations.

Just sayin'.
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