I see this new JV in a much more positive light than most. JV's are common in the oilfield for a variety of reasons.
As an example, on my "World Tour" I did a job for a JV between two countries, Malaysia and Thailand. Anyway, JV's are always done in the oilfield by various parties including owners, operators, contractors, and service providers.
If this JV is structured correctly, this could allow PCTL and/or Disruptive Oil & Gas Technologies to make it onto the NASDAQ, AMEX or NYSE exchange organically.
Exiting times ahead for sure.
PCTL and Disruptive Oil & Gas Technologies are fixing to Rock Your World!