Micromem Technologies Inc. (MMTIF)

[seek the light]

The product announced on June 26,2017 is a Micromem Inc. product [100%] specifically for wind turbines. It's selling price is about 5X the Castrol-BP product for large internal combustion engines.

There are now over 83,000 wind turbines in the US and more wind farms being designed and built every year. There are other companies selling into this market, but i think quite likely MMTIF's unit is a better and more efficient unit.

I am told there are at any one time in most wind farms around 10% of the turbines are down for repair and maintenance. Any unit that can minimize the downtime and cost of the repairs should have a very compelling ROI ratio. So my conclusion is the unit that was the subject of the 6/26/17 PR has the potential to be a significant revenue and profit source for MMTIF.