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Nistel

11/04/19 7:05 AM

#59324 RE: kennypooh #59320

Yet some people claim this Mike Mulder guy already saw the extractor successfully being operated before putting his multimillion orders, lol.

So much contrarian information here, it's difficult to keep up.

By the way, on the certification website someone posted earlier here I could not find any reference to this extractor, Proscere, Simlatus, etc. (surprise, surprise)

lesgetrich

11/04/19 5:46 PM

#59338 RE: kennypooh #59320

That's a bit misleading without continuing your quote to the following paragraph...

SIML Will Design World’s First Hybrid CBD Extraction System

Richard Hylen, CEO, stated, “We now have the technology rights to build a CBD extraction system that can process bio-mass through a cold-water extraction processing system first, and through an alcohol extraction system second. This provides a pharmaceutical grade CBD product through the cold-water process, and an industrial CBD product through the alcohol process. We are utilizing more of the bio-mass and increasing efficiency and less waste. These processes will open doors for the larger companies to be more efficient and increase their bottom line.”



Keep in mind that there are/were several companies/subsidiaries involved here. The way I see it, the purchase orders appear to have gone to Simlatus Corp. which seems to have had the design rights and built a prototype which was used to close the sales. The PR above was simply an acknowledgment that the technology rights have been transferred to the Proscere subsidiary which will have primary responsibility for building and selling the systems in the future.