Friday, May 06, 2022 8:36:42 AM
"Additionally, Blue Biofuels has laid out the roadmap forward and contracted K.R. Komarek, Inc. to build the successors of the 5th generation CTS machine through to commercialization."
So the contract is to build not only this fifth, but to build successors up to the fully commercial six.
As to what the terms are, that is unclear. It is at least possible that Komarek sees a big potential market and is willing to work with BIOF to develop the machine to control a big market in the future. But we have no way of knowing if that is the case or what the terms are.
Recent BIOF News
- Form 10-Q/A - Quarterly report [Sections 13 or 15(d)]: [Amend] • Edgar (US Regulatory) • 05/20/2024 05:53:22 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/17/2024 08:26:21 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/16/2024 08:19:07 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/24/2024 02:34:54 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/13/2023 05:41:18 PM
- Form D/A - Notice of Exempt Offering of Securities: [Amend] • Edgar (US Regulatory) • 08/17/2023 01:26:03 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/07/2023 05:43:21 PM
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