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Re: water boy post# 31776

Tuesday, 08/02/2011 2:15:44 PM

Tuesday, August 02, 2011 2:15:44 PM

Post# of 94171
Does WDRP understand the roles? If the patents are Robert's ... why is WDRP paying for it??? If the technology costs are to be Roberts why is WDRP paying for ANY of it??? Read this from the MD&A. jmo

... assisted primarily by loans from our licensor and CEO and as well as 92003250 Quebec Inc. on an accrual basis in the amount of $10,000. Another such loan in the amount of $10,000 was received during the first quarter of 2011 and none in second quarter 2011.
Both loans have contributed funding a third patent application, in addition to funding Design 1st Inc. in the production of a prototype which management believes has significantly surpassed expectations in its capacity to change water temperature. The loan also served to fund preliminary UL ® meetings involving the acquisition of safety and efficiency guidelines ...