Micromem Technologies Inc. (MMTIF)

[JBWolverine]

Thank you for posting the quotes. Yes, those are all as I remember them. Some are nicely written to convey cause the reader to misconstrue the meaning.

For instance, your "As a result of the successful test the oil company partner has accepted a final invoice of approximately USD $193,000 and will remit payment in the first week of January 2016...The units that will be delivered for field trials are also product sales and not research and development.Under the deployment proposal the partner will take 2,000 units over a 4 year period at an approximate sale price of USD $100,000 per Interwell Tracer device." December 2015: 2000 * $100,000 = $200 million dollars...some proposal! I also didn't see $193k in revenue ddid anyone else catch that?

The $100,000 amount is the sale price Chevron would charge in the sale to other energy companies. Micromem's slice of that would be the rumored $17,000. It is easy to misconstrue, eh?

Have to go. Between you and EmRAM, you have provided some additional support that for me has slipped away in time. This is the 16th AGM I have attended! What an expense in money and time.

Thanks

--JB