nanopatent
There are a number of reasons for the sharp fall of the pps. There have been big delays in Iraq for various reasons. An investor was to have paid about 40 million dollars for a stake in the IRAQ business but did not honor the agreement. Only one processor has been sent to IRAQ due to the tense political situation. What is important for the future is that the processing of the oil sludge has gone well and therefore proved the viability of the process. Two new processors will be ready for delivery before the end of the year. One of them may be sent to Spain. Things may continue to move slowly for the remainder of this year but I think prospects are very promising for 2015. I have increased my stake to 26,000 shares and about 75,000 options (really warrants). My guess this that fewer than 10 people own more options that me.
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