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Friday, September 22, 2006 8:16:06 PM
Just researching EFTI's past experiences with plant sales to see if its possible for IHDR to earn 100 million in sales in 2007....
20 million in Ireland & UK:
http://www.caprep.com/b0505018.htm
LOI 3 million pounds of carbon:
http://calbears.findarticles.com/p/articles/mi_m0EIN/is_2005_May_17/ai_n13723744
2004 LOI's
During the twelve months ended December 31, 2004, the Company received $100,000 from PEPER Holdings, LLC (PEPER), for a License Contract providing PEPER to secure the exclusive territory of Ciudad Juarez, Chihuahua, Mexico for 18 months, and the city of Guadalajara, Jalisco, Mexico for 6 months. During this period, PEPER intends to initiate construction of Catalytic Activated Vacuum Distillation (CAVD) plants that process rubber tire chips into usable energy products. The period of the exclusivity allows for environmental, political, and financial details to be finalized by PEPER. PEPER will purchase the plants from EFTI and own the plants. EFTI will receive a 15% royalty based on gross profit and a technical support contract for continuing services during the life of the plant. The plants will be built by Harmony, LLC, a Turner Industries company that built the operating plant in Mobile, Alabama.
The Company has signed a Letter of Intent with EarthClean Energy ("ECE") to license territories in Canada and for the sale of a CAVD Reactor. The agreement with ECE is a license for three provinces in Canada: Ontario, Quebec and Alberta. Pursuant to the agreement, a nonrefundable license fee of $1,000,000 US will be paid to EFTI within one year. At the signing of the Formal License Contract, a 10% deposit for the purchase of the first plant will be made with the balance secured by a Letter of Credit. ECE will own 100% of the plants and EFTI will receive royalties for continued services during the contract period.
The Company has signed a Letter of Intent with San Vision Technology, Inc. ("SVT") to license the territory of Ocean City, New Jersey. At the signing of a contract for their first CAVD Reactor, 10% of the plant sale will be paid to EFTI with the balance secured by a Letter of Credit. SVT will own the CAVD Reactor(s) and EFTI will receive royalties for continued services during the contract period.
Add person mark to follow my picks:
http://investorshub.advfn.com/boards/addPersonMrk.asp?user=70041
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