I'll repeat. KDS sales in the short-term (to anyone, doesn't matter who) can eliminate the need for dilution or debt financing, until some of the larger projects take hold.
Some of the larger projects being: Results from.... WRAP project at Aylesford (projected for this year by WRAP), start-up of full operations at Princeton for Halliburton (any time now as plant is completed), Japanese licensing agreement (seemingly soon, per the company), first AGES project completed/completion of KDS3000 (seemingly soon, per the SDTC agreement), Malaysia joint venture (unknown timeframe for operations at this point), and Univ of Tenn/Oak Ridge National KDS project (most likely several years away).
The above are the current projects that we are aware of.
There may be others. Stay tuned for next week's 10Q.
And the recent two months of the outstanding shares remaining the same is a good sign.
