So how much do you think a pipeline company is willing to invest in a technology that has not shown to work and also when a barrel of Canadian sweet if less than a beer at $4.18 a barrel? Demand is off close to 20 million barrels per day so I'd say the pipeline companies with revenues off will charge them more for a demonstration project. lol
Effective November 15, 2019, the Company amended the employment agreement of its President and Chief Executive Officer. Under this amendment the term of the agreement was extended for three months, expiring February 15, 2020, cash compensation was reduced to $0 per month, and the Company agreed to grant an option on the Effective Date to the employee to purchase 300,000 shares of Company restricted stock at an exercise price equal to the market closing price on the date of grant, vesting monthly at 100,000 shares per month, and expiring 10 years from the date of grant