Thursday, June 09, 2022 9:17:42 PM
Four funding parties were press released to deliver funds for our projects. It was our own company that diluted the shares to buy the prototype system for India. So, less than 10 percent success rate.
We have all read press releases for three sites in Ecuador, the Cameroons, the DRC, Cape Cod, Sri Lanka and if my memory is correct also the UAE. If I add the three other sites, two of which are operating, it gives us a success rate of about 18 percent.
There are other parties developing larger scale WTE sites making one of power, tank ready fuels and hydrogen in India and the UAE. There are also sites going into the US where modern systems are being developed using pyrolysis rather than traditional incineration.
Yes, I may be repeating myself but in understanding human and management behaviour, what they have done in the past is likely a good indicator of what they will do in 3he future.
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