How much does one of these units go for?
Rutas placed an order valued at over $1 million for 100 HydroPlant units but according to the news article they received a subsidy for $4,500 per unit. So is that $10K per unit before or after the subsidy?
There are over 6,000 buses in Mexico City, Rutas had an 'intention' to install on '2,750' units.
So depending on if these are worth $14,500 per or $10,000 per (not sure if it's pre or post subsidy) we're looking at a potential $27.5M -$40M deal with Rutas.
I looked up the Dr.'s name who did the initial testing in Mexico, he's legit, "Dr. Arón Jazcilevich Diamant".
The last update I've seen about the Rutas deal was nearly 5 months ago. It's news like this that spiked the share price, and then we're just left in the dark with no updates about how it's going over there?
1. Have they started assembling the hydroplant on buses?
2. When will they actually collect that $1M?
3. What are the plans for growth in Mexico City?
The time for talk is over for Hydrophi, they need more action.
