InvestorsHub Logo
Followers 1
Posts 112
Boards Moderated 0
Alias Born 11/16/2017

Re: None

Thursday, 03/08/2018 10:13:02 AM

Thursday, March 08, 2018 10:13:02 AM

Post# of 1032
OTE business gearing up for success:
-expert engineering, executive, advisory team
-large locked up position with insiders-SKIN IN THE GAME
-potential acquisition of established industry company with Revenue!
-expected Notice to Proceed with US Navy/Lockheed Martin
-potential future SWAC projects with the above partners duplicating the same project at other naval bases
-Congressional approval for OTEC plant in USVI
-First master design completed for $750M OTEC EcoVillage
-land picked out for EcoVillage! moving onto purchase or equity contribution of trustees
-renewed MOU with Naval Enegies as EPC, fully supporting technology and projects for OTE, specifically involved in USVI EcoVillage
-Philippines- just released tuesday that OTE has held meetings with government officials and business leaders and the country has reduced license/permit time from 1,340 days to 340 for large energy projects! by the way, this is the A1 location in the world for OTEC!
-HUGE PROBLEM- THE WORLD IS RUNNING OUT OF FRESH DRINKING WATER (case in point, Cape Town, South Africa is RUNNING OUT OF WATER! (https://www.nbcnews.com/news/world/cape-town-s-day-zero-pushed-back-water-crisis-takes-n853616)), there will be solutions....
-SOLUTION - OTEC/SWAC. this solution was not discovered by Ocean Thermal but they damn sure are taking the lead and running with it in terms of commercializing and making a real impact

-it's only a matter of time before this takes off...financing has always been the hold up and OTE has the backing of L2 Capital, engagement with investment bank for acquisition funding, and revenue staring them in the face from acquisition and USDoD project...this will snowball people

LET'S GOOOO $CPWR