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Re: Kurt_Banoffee post# 73612

Monday, 05/20/2019 8:37:52 AM

Monday, May 20, 2019 8:37:52 AM

Post# of 104401
Not sure.

I saw about $40k for equipment in the 2017 10K, but in 2016 10K they offset knew equipment with depreciation, so new equipment was purchased in the value range of $80k.

They increased investing activities by almost $300k in 2015 10K for second (larger) reactor.

I would think they could build a reactor at a fraction of the cost that they paid the vendor to build it and deliver it to them.

Maybe they had parts from modifying and upgrading the original reactor and were able to start building a new one in house. It would help them protect any trade secrets developed in the manufacturing process.

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