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Re: Brooklynwiz post# 237

Wednesday, 12/06/2017 1:31:36 PM

Wednesday, December 06, 2017 1:31:36 PM

Post# of 1032
I've been an investor in OTE for a few years (the company). More than that Ive believed in OTEC (the technology) for years and what it can do commercially for energy and water needs around the world. I believe you're confusing the company with the technology. I speak with investors, and i've also contacted the External IR team, to get accurate information about this team and the company they are building.

Regarding fundraising, if you look at the executive team, they are experienced in building companies and i believe in their strategy and ability to raise funds. Feel free to make your own assumption.

The BahaMar resort is open, however only the Grand Hyatt since Aprilish. It does look like the SLS Baha Mar just opened and their website says Sept. 2018 (nest year) for the Rosewood Baha Mar. They are also years behind and $M over budget so i'd say the company and its lenders are right to be patient. We hope they are doing well with bookings, that ultimately heightens the need for sustainable, cost efficient air conditioning, of which is a current issue on the bahamian energy grid as is common in tropical countries.

USVI project is also progressing as i know it...that feasibility study and approval was a great step to commercialize OTEC to be the worlds first plant.

By the way, these are my personal beliefs so please take it or leave it. I believe this platform is excellent way to share all companies stories/oppt. and as you can see, i believe in this technology. someone's going to commercialize it in this energy environment we're in.

Vacaydreaming - If you'd like to contact Brian Barnes of Equinet, his number is 858-264-6502. He'll have insight to where the company is currently trading
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