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Re: TOUCAN post# 19

Friday, 06/11/2010 9:28:59 PM

Friday, June 11, 2010 9:28:59 PM

Post# of 83957
Toucan,

Regarding my note on EUOT board that CA wants to outlaw plastic bags. Go to NTI Website and you will find Greencoat.

Also note that NTI is headquartered in San Francisco. No doubt, they will have production up and running to replace those plastic bags. The bags are derived from RBHM, a technology owned by NTI. EUOT had a 50% investment interest in Radmate, an incubator company of the Israeli Research Center(IRC) that developed RBHM. Do not know if EUOT still holds that interest or not.

I recommended to Belmont and NTI that NTI merge into EUOT due to the technology assets that should/could still be held by EUOT. I do not know if any consideration was given to my suggestion.

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