Monday, January 02, 2006 2:27:48 PM
There is little doubt in my mind that if the Cetek Process is as good as we've been told it is, eventually the ovens and rights to use the process will either be sold to others, or the company will partner with someone who can afford to establish production plants in other parts of the world. Such a partnership could result in an upfront payment to CTKH that could be in the tens to hundreds of millions.
In some ways this is like Biotech where a small company develops a drug that's showing promise in early trials. To fund the more costly later trials the drug is normally partnered with one of the giant Pharma's or larger Biotech's which gains control of the drug, but pays enough to keep the company operating, and will pay the company royalties if the drug's approved.
Gary
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