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Re: Kurt_Banoffee post# 82728

Monday, 12/23/2019 5:53:09 AM

Monday, December 23, 2019 5:53:09 AM

Post# of 104482
I agree with one caveat. I think Squires negotiated the 1/2 mil payout not to sue for breach of contract. Thus continuing the illusion of a deal for shareholders. Then had his cronies spam the internet with claims of 7-10 mil income this calendar year. The caveat being the letter of credit they received had stipulations we don't know about making actual payment for the reactors nonexistent. Thus shareholders funded the reactors to continue the illusion upon themselves. The pink listing of the company is so we do not see this actually happening and the illusion continues.

The Indians are more clever than we shareholders.

In any event the Indians did not pay one penny past the 1/2 mil or there would be no reason to pink sheet us.

The more I think about it, the more I think what's really going on is that whoever is the money behind Amtronics is holding back the cash until QD production and R2R QDSC is demonstrated. It makes sense. Amtronics has no money; they couldn't even come up with the license fee. They are just a middleman skimming a piece off the top. Nothing happens unless someone else gives them money, and it's one thing to buy a couple reactors for $1M, but who is going to stroke a $70M check to build out an unproven technology?

5++ years

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