Lowman, I tried reaching Mr. Robbins Friday but he is out of town until March 5th. Also tried Hawk and Associates but he wouldn't answer anything for me. Can you provide any clarity for the following questions?
Regards,
Airdale
What is the Algonquin commitment to CTUM regarding funding of gas plants? A one time one facility deal or longer term with more facilities?
You currently have an Authorized share structure of 40 mil, an outstanding of 26+ mill and some tightly held stock. This tells me you want to capitalize future plants through means other than share dilution, or, you will need to authorize additional shares. Is this the function of an Algonquin realtionship, to allow them to bare most of the costs of infrastructure while you reap royalty type income?
Based on your news release regarding DuPont and Chastang, you stated you could produce as little as 1750-2000 cubic feet per minute. This translates to over 919 MMBTU's annually at the 1750 per minute flow rate. DuPont will take up to a max of 500 MMBTU's annually. What will happen to the excess gas produced beyond DuPonts needs? Do you shut the plant down to reduce production (sounds infeasible) or sell excess to someone like Shoreline Gas?
What percentage of commodity gas price, say Nymex Henry Hub Futures, will you be paid for your gas products? Ballpark it if you can't nail it please.
The gas separation plants are built by Sumy/Frunze in the Ukraine. How long does it take them to construct a standard plant for you?
Do you expect other contracts to ensue with Waste Management or others in the coming year?
What do you feel would be your maximum simultanious plant construction capability?
Is approx. 40% of gross gas sales your gross income from Chastang? If not, what would the correct number be? Is this a number you expect to be repeated from other plants in the future?
You have the rights to Canada, Mexico and the US. Has their been serious interest expressed outside of the US for this product?
Regarding Live Tissue Connect, LTC, do you think it possible to create licenses prior to FDA approval for the procedure?
Have large National or Multinational firms shown an interest in your LTC proceedures and possible licensing?
It seems they have procedures already FDA approved that are based on higher temps and frequencies. Can a procedure such as LTC piggy back a similar approved method or is it start from the beginning? What is the time frame you expect for FDA approval? Without drugs, sutures or other invasive materials that remain in the patients tissues, do you feel this will expedite the approval process?
Aside from Louisville, are there plans for other hospitals to trial the LTC process?
How difficult is it to train a Physician to use the LTC procedure?
Is the equipment/royaly structure priced so smaller medical entities can afford the process? Specifically, will plastic surgury offices find this affordable?
Of the two technologies, LTC and Landfill Gas production, which do you see as being the most successful monetarily long term?
This post is an opinion and should not be considered reason to buy or sell any security, or to besmirch, belittle or berate any person, religion, cult, creed, race, sex, political party, company or company representative of any age or appearance.
AI
