Sunday, April 04, 2010 3:04:32 PM
1.It is difficult to sell technology.
2. it is more difficult to sell technology which has not been demonstrated on a commercial scale.
3. It is extremely difficult to sell technology to the Chinese.
4. The basis of the technology is to remove the polluting materials by an input of energy to raise the temperature of the feed material. It is claimed that a part of that energy comes from the combustion of the volatiles removed by they first treatment. Those volatiles should not contain any of the bad materials or we are back to square one. The patent (or the part I have read)do not cover that point.Every additional step in the process add costs. So do we know that the final cleaned coal can be sold for a profit?
I do not know the answer to the last point. Can someone more familiar with the technology enlighten me on this?
Another concern is the tardiness of the payment from India and no reference to that in the 10Q
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