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Re: Entangled Proton post# 8052

Saturday, 03/20/2010 11:54:47 AM

Saturday, March 20, 2010 11:54:47 AM

Post# of 64348
Admiral, I just noticed this from the last 10-Q

"Our engineering consultant, Benham Companies, LLC (“Benham) has tentatively estimated construction costs for each one million short ton coal cleaning facility of approximately $150 million (excluding land costs). "

http://www.sec.gov/Archives/edgar/data/1445109/000117935009000089/f09sep10qfinalfinal.htm

If they really are 1 million ton facilities would that mean there are 100 of them?

"INK plans to pay CCT a one-time licensing fee based on production threshold increments of 1 million metric tons, with a commitment to install a 10 million ton capacity per year for 10 years, or a total of 100 million tons."

http://cleantech.com/news/5452/clean-coal-firm-secures-licensing-a

I know that's what Wayne Crumpley's been saying, but I've been disregarding that because of his shady past:

http://www.pacificstatescapitalcorp.com/stockprice.html