TechroBond Acceptance
< What does the company need for validation? A large contract? >
PLRO has already successfully introduced their technology to rail curve applications in the railroad industry, with more products coming soon.
After much DD and research the following is just my opinion. PLRO has spent 10 years developing Techrobond. They know darn well what it can do. Any tests and development requirements are soley for the benefit of the users of Techrobond.
This risk has not been mentioned here, but investors should be aware. Techrobond is a Disruptive Technology. Huge companies stand to lose multi-billion dollar contracts and sales. There has been resistance to TechroBond. Kind of similar to Big Oil companies resisting alternative fuels. THEY WANT TO MAINTAIN THEIR HUGE PROFITS.
The "Crown Jewel" of lubrincants is the engine oil segment, roughly about 43% of the lubricant industry. Government Regulators want to reduce engine oil below the current .008% sulfur content. However, current engine oil can not do that and effectively lubricate engines. The EPA requires Auto Manufacturers to warranty catalytic converters to 120,000 miles, current engine oil renders coneverters ineffective after 50,000. Converters need to be replaced by the company at cost of several hundred dollars per converter.
TechroBond Benefits:
* Superior lubrication with .001% sulfur content. (Clean burning).
* Does not harm catalytic converters, even over time.
* Reduces Friction.
* Increases Fuel Mileage. (2% reduction in friction, increases fuel economy 10%).
* Lubricates at room temperature. (Thus eliminating the most wear caused by current engine oil, when the vehicle is first started).
* Costs the same or less as current oil.
As other companies come to understand these benefits, their resistance to PLRO has been dwindling. TechroBond is the only known solution to their government mandated problems.
I would guess that PLRO could obtain a deal for engine oil tomorrow. However, they are currently in strict non-disclosure discussions with major companies in the industry, so as to maximize the financial benefit to the company and it's shareholders. They have worked to long and hard to just give the technology away.
"TechroBond is positioned to disrupt large, status quo global markets, markets that are controlled by some of the world's largest corporations. PRO is currently working with one of the Big Three automakers along with a global additive firm and a top 5 international oil company in a joint effort to test, certify and commercialize its products..."
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