Well, it seems most believe the biodeisel autopilot cash machine thing. I have looked into the oil sands thing alot. From what I understand, Proven Technologies owns the processing units and Arrakis (wholly owned by Imperial) will be running them with chemical that Imperial nows owns and produces. Proven Technologies has 1 million IPMN shares and I'm not sure if they also have a 2.5% gross revenue royalty. Either way, there is strong support to make the machine work for this application. Originally, the machine was designed for cleaning oil from dirt for spill happy BP and the like. With Wilson jr. still in charge of this branch and dad only a phone call away, officially consulting, I think they are set up for success. I figured in the $15 mil/ yr gross range and they guided toward $10 million to the bottom line after costs and partners. They have not advertised this project much, and when the revenue starts showing up, investors are gonna take notice. I don't think there is going to be a lag time like we are seeing with JBI's machine evolution because this is much simpler and has already been used in other applications. What I'm not sure of, is if it will grow outside of the Arrakis site. The process is revolutionary because it is cheaper to process than conventional oil sands processing and it is environmentally much friendlier. I would think others would want it badly.
