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Monday, 12/16/2013 10:42:27 PM

Monday, December 16, 2013 10:42:27 PM

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I guess nobody else is posting here so I feel compelled to say more. TransCanada does not have exclusivity on the AOT but STWA is focusing strictly on them for midstream crude out of respect for the partnership and efforts that they have put forward. There is a company they are working with on midstream for transporting a different product than crude oil. There is an upstream company they are dealing with for a new AOT application. And they confirmed prototypes. They are also working with an overseas offshore drilling company for yet another application. And they have been contacted by at least one company that ships oil by boat, but there are no plans currently to pursue that.

Also TransCanada has identified 12 pumping stations in particular (I think on the same pipeline) that would benefit most from the AOTs to be installed. Bigger mentioned at that point of possible subsequent orders, the turnaround time would be a lot quicker after all of these details and processes are being fine tuned for the pilot program. But more importantly he pointed out twice that at that point the production could be financed without raising capital from shareholders.

Also noteworthy is that the production of the AOTs and the welding work has thoroughly impressed the heads of engineering with TransCanada. The production quality is exceeding everyone's expectations. And the company is producing units at essentially a discount in anticipation of a future mutually beneficial relationship with subsequent orders from stwa.

One of the biggest of the 19 companies involved in the actual installation is http://www.kiewit.com.

And one more thing I will say is that the data from the pilot program is not going to be shared with anyone. Well besides the 2 companies involved. So with regards to that we may remain in the dark for a few. But I have never been more confidant in my investment and the bright future of this company. Was a great day. Came out all the way from Massachusetts to be there.
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