Micromem Technologies Inc. (MMTIF)

[seek the light]

longMMTI.....Interesting points in your post. My comments:

1] Re debs. The exercise price is .05 cents Canadian which equals .0375 cents US. And this has been what they have done since September.

2] Chevron and Romgaz both would have approved this PR text before it could be announced. Contracts with both companies should follow.

3] Competition is mitigated by the fact the software is patented and licensed to MMTIF. So Chevron will help promote the Technology. And that promotion may well include a cash flow consideration to Chevron from the so called competition. This latter is just my speculative opinion.

4] I believe many interested parties have been in the loop of information ever since the SPE Conference in the UAE a couple of years ago. So i expect other companies to use this Technology.

5] The verbiage about several other applications by Chevron for this Technology is very encouraging for MMTIF's future and could play into your opinions concerning a buy out of MMTIF,JMO .

The missing ingredient in this story is the Royalty Cash Flow to MMTIF from the sales of the AROMA units. Since none of this information has not been made public, there is no way to model cash flow and earnings. But these amounts did just get much larger based on the Chevron comments in this Q and A. The greatest leap for these amounts is from the use for water flooding operations to the use to tie wells to the IIOT to create smart wells,imo.

So thanks for your input on this MB.