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Re: conix post# 42418

Tuesday, 02/09/2010 10:25:00 PM

Tuesday, February 09, 2010 10:25:00 PM

Post# of 58654
From their last pr:
"Under the terms of the agreement, INK Global will pay CCTI a one-time licensing fee based on production threshold increments of 1-million metric tons, with a commitment to install 10.0 million ton capacity per year for ten years (total of 100M tons). The agreement also includes a royalty payment to CCTI for each ton of lignite processed. Initial license revenues are anticipated within 45 days."

We're past 45 days but here's some hearsay regarding that:

Posted by: lowman Date: Saturday, February 06, 2010 12:29:20 PM
In reply to: Joe1984 who wrote msg# 22056 Post # of 22120

I called the CEO yesterday and he said it'd be announced when it happens. We all know how that goes, but who knows? Maybe a PR this week.



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