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Re: gemstone57 post# 63771

Monday, 10/09/2023 9:42:51 AM

Monday, October 09, 2023 9:42:51 AM

Post# of 67538
I doubt there will be a joint venture, more like expanded business with Pemex as they fully utilize MVNT IP to upgrade all of their infrastructure. You could be talking very large contracts.

It could also pave the way for contracts with other larger oil and gas companies. Like all business, hardest part is initial penetration of the market, once you get that breakthrough it starts to snowball and Pemex might be the spark that takes it from $10M to $25M then before you know it they are at $50M plus and growing.