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Re: Dino1717 post# 31507

Friday, 08/03/2018 10:05:30 AM

Friday, August 03, 2018 10:05:30 AM

Post# of 35337
Tom Bonadio, Thomas Labus, John Hienrcy pretty easy to follow the money trail in CRGS.

Exert from 5-7-18 CEO Udate:

We have signed a Memorandum of Understanding (MOU) with a major hydraulics manufacturer to assess our pump/motor technology. The MOU includes their testing protocol for their evaluations.
Our engineers will travel overseas for the testing at one of the manufactures facilities. In addition to their engineers, they will be sending some senior executives to monitor and observe the testing. We are very excited about the potential of this technology to change and revolutionize the hydraulics industry.
We are now working on optimizing our pump/motor and putting it through all the tests. We want to know what the results will be before we schedule the testing. They have advised us to take our time and make sure everything works as we want it. We are estimating late May or June to receive our new component parts and break them in for actual testing. Depending on certain overseas circumstances the testing will take place in June or late August.The MOU gives them 30 days after testing to notify us of their intent to start negotiations for an exclusive relationship.

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