NewStream Energy Technologies Group Inc (NSGP)

[CoalDuster]

Good call Betonit!

This includes the fabrication of a Rotary Kiln at a cost of approximately $1,000,000 which will enable extraction of by-products and further increase the BTU of the processed coal. As of the date of this filing the University has advanced a total of $205,820 directly to the manufacturer of the Rotary Kiln. An additional $205,820 will be paid to the manufacturer in Q4 2019 by the University. These payments are part of the $500,000 grant that was awarded to the company in 2019.

We had no direct revenues for the nine months ended September 30, 2019 or the year ended December 31, 2018. In 2017, we received $100,000 as a nonrefundable deposit on a two million ton license agreement from Wyoming New Power, a related party. The definitive license agreement is expected to be completed in the first quarter of 2020. In the year ended December 31, 2012, we have received an initial license fee of $375,000 from Jindal paid pursuant to the signing of our coal testing plant construction contract. The balance of $375,000 will be due upon the successful review and assessment of the testing completed in December 2017 at AES, currently anticipated in the first quarter of fiscal 2020.

Meetings occurred in Q2, 2019 with the US DOE, DOD and Wyoming State Representatives to further our technology to benefit US coal. These discussions continue through October 2019 in light of the recent coal mining bankruptcies in Wyoming.
The Company continues in discussions with the Minister for Coal in India and a number of the Energy governmental bodies in India. Coal samples are expected to be sent for testing once the Second Generation Test Facility is assembled which is expected in Q1, 2020

What more could ya ask for!