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valleyview

04/17/14 8:13 PM

#17480 RE: The Rainmaker #17479

Under the agreement, Cirque Energy will lead development, manufacturing, and testing of the initial demonstration DGU, with input from Northrop Grumman. Upon successful demonstration, Northrop Grumman will manufacture DGU’s for exclusive sale by Northrop Grumman and Cirque Energy.

Welican

04/17/14 8:30 PM

#17482 RE: The Rainmaker #17479

I never said we don't need tigress but that's not saying they are funding this particular project..

Before cirque merged with GERS, cirque had set up an llc and I think it was called "prototype llc" which was set up specifically for this joint venture with Northrop, that company fell under the merge of the two companies "cirque and GERS", so this has been in the works for some time now..

Where the funding is coming from is yet to be determined... Tigress, private investments, etc, who knows..

We don't know the cost to build one of these units, so at this point it's hard to pinpoint where the funding is coming from..

For all we know, management is coming out of pocket to fund these prototypes..