Tuesday, June 03, 2008 7:01:29 PM
does not even have any units built for the pilot project. Look at their most recent SEC filing. They had financing that expired 05/22/08 and this was announced a week later. They are looking for a way to built their units that are based on air injection and bubbles. Electro-coagulation is is decades old technology that is tried and true. Their new method is suspect and their 90 days had better not start now or they will miss the window. Finally, it has only about 65% of the production capacity of ECCI. It is about the same as the distillation process in production (insufficient to meet water feed needs) and it is unlikely to remove salts the way ECCI does.
And ECCI is beyond the pilot project stage- IMHO.
WAve
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