I would also like to acknowledge that 2018 has been a tough year for the business with the knock on effects being felt by you, our shareholders. The anticipated funding from READS did not materialize and so the GETH Team refocused on engaging with other funding institutions. We have been working hard and have narrowed down on four potential funders and continue to progress discussions with all of them. One of these four institutions is now in the final stages of its due diligence process. If we can close a funding deal by the end of 2018, we expect to generate GETH’s first operational revenues in the second half of 2019 and be on the road to first profits in 2020.
In addition, we have continued our discussions with project partners for US based projects and are pursuing a number of potential projects overseas.