NRP Stone, Inc. (NRPI)

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NRPI
NRP Stone, Inc.

Common Stock
0.009
0.0024

36.36%

0.0086 / 0.0098 (1 x 1)

Real-Time Best Bid & Ask: 01:16pm 08/21/2019
Delayed (15 Min) Trade Data: 11:36am 08/21/2019
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RMGI Additional Information
Press Release | 08/21/2019
Wednesday, August 21, 2019, Draper, UT NRP Stone, Inc. (SYM: NRPI) is pleased to announce that with the presentation of the Letter of Intent for the acquisition of Rare Metals and Gems Investors (RMGI), RMGI disclosed that first generation Luxium has proven to be transformable from a solid into nanoparticles. These nanoparticles, in a liquid form, can be sprayed, thus creating many potential uses in industry that require a one-to-multiple atom thicknesses of coatings. One of these industrial uses is in the coating new and existing high-tension, overhead power lines.



As previously reported, Luxium has similar conductivity as silver, the worlds most natural conductor. Because electricity travels around power lines, an application of Luxium is believed to enhance conductivity.

NRP Stone has been informed that RGMIs supplier has contacts in the Department of Energy who have agreed to allow a nanoparticle application of Luxium on a one-mile stretch of its existing, high-tension power lines.

The test would be for conductivity, especially measuring the reduction in resistance. The DOE estimates that over $22 billion is lost each year due to loss of electricity through resistance in electrical transmission in the US alone. The DOE has indicated that if the Luxium coating test proves successful in reducing electrical resistance by a minimum of two to three percent, it would be interested in considering having RMGI spray all its electrical transmission lines. Greater conductivity with less resistance would create a significant savings for the Department of Energys transmission of electricity.



The field-test would also provide additional data regarding Luxiums hardness and durability because these DOE overhead power lines are in an area exposed to some of the harshest of atmospheric conditions in the US. This data could be useful in other industrial applications.



RMGI must prove the application of nanoparticles and show a reduction in resistance in the lab and in the field. A combination of robotics and drones is being considered for the application of nanoparticles. In the lab, nanoparticles are being tested on pieces of high-tension power lines. If lab tests prove satisfactory, application apparatuses will be developed and DOE field-testing will be formalized.

The field test is contemplated for 2020. The protocol for lab testing and for the application of Luxium nanoparticles is being designed and researched. Once the lab work and the DOE field-test is performed and the Luxium application is endorsed by the DOE, NRPI could conceivably promote such applications to all electrical transmission companies in North America.

NRP Stone, Inc. is engaged in marketing and distribution of unique precious metals and gems. US OTC symbol: NRPI; CUSIP: 62940J200. Follow us on Twitter @NRPSTONE and at http://nrpstone.co.



Disclosures and Caution Concerning Forward-Looking Statements: This release contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Expressions of future goals and similar expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, economic and market factors, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses and other factors. The actual results that the company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. The Company, its management, or affiliates, undertakes no obligation to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.