I'll take this one by one, but not intending to incite conflict. Everyone can think what they want.
"...He said Hydrex ran into problems on the land they were intending to use for the site being designated by the Fed as wetlands.......Clayton said the territory conditions in the contract don't leave Freestone much viable territory to work with outside that contract....." YES
So on the one hand, Hydrex supposedly can't proceeed because 1 (one) site purportedly has 'wetland' issues and but on the other hand, FSNR can't build an ORU because there supposedly is no viable territory outside that contract???? Yes, I believe he said the original site was property Hydrex (or someone related) owned. He didn't speculate why they wouldn't do something at another site, but he did say the contract gave them (Hydrex) territory rights for most of the productive regions and didn't leave them (Freestone) viable places to go on their own or with another partner. It's why they indicated they couldn't do much until/if the contract expired this summer.
In a multi-state / country area there is not a single other site on which Hydrex can build a super-profitable ORU using revolutionary secret technology (verified by an un-named university). And on the rest of the enire planet there is not a location on which FSNR can build an ORU and make gobs of money???? That makes no sense at all. Plus, the ORUs were supposed to be portable. No-one ever said that the ORU had to be constructed permamently on one site. Sarcasm acknowledged, but yes, that's pretty much what he said. There was aslo a question from an investor about going to Canada, but the size of the unit and capitalization required to go to that market seemed out of reach given the scope of operations there. It was clear, however that they are focusing on water as a more immediate revenue source and still maintain the ORU business has a future, but for now they must wait on the Hydrex agreement and on Hydrex to either perform or not. It was implied that they might use revenue from water do do some of their own ORUs.
Sounds like another song and dance to me..... Think what you like. You know what they say about opinions... we've all got one and I'm not trying to talk you out of yours.
