InvestorsHub Logo
icon url

lighter than AIR

07/30/24 12:54 PM

#6612 RE: PC retired #6611

Agreed, in your shoes, you should certainly seek an expert opinion…of which you do NOT have.
icon url

pioneertec

07/30/24 2:32 PM

#6613 RE: PC retired #6611

I had an electrical engineer friend of 40 years with me on the last site visit I requested as a shareholder, and it works. We were told we needed to leave by a certain time because of a group bringing their own engineers were arriving after us to inspect the HES unit before entering into a possible purchase. Must have been the same group as this release since it was about a month after. Never told who they are and still not disclosed in the last PR. IMO, a million dollar of reasons tell me it still works. see below.
On June 03, 2024, Astra Energy Inc. (the “Company”) through its subsidiary A-HES Power Co. have entered into a Joint Venture Agreement (the "Agreement") with a multinational corporation (the "Client"), collectively (the "Parties")
The Company has received a $1,000,000 deposit towards the manufacture and installation of a one-megawatt Holcomb Energy Systems Inline Power Generator as a pilot unit with the intention that it will lead to further business.
In consideration of the Agreement: The Client will retain the non-exclusive right to engage in the resale of products and services to the end user for use in the digital coin mining, cryptocurrency, and data center marketplace.
The Client will pay a license fee of $50,000 per megawatt for each project to a maximum of $500,000 per project to be paid upon delivery and a 5% Royalty of the cost of goods installed upon delivery. For this pilot system the license fee will be waived.
The Parties have agreed to a confidential split of the gross revenue derived from the power savings and/or power magnification.

Been told many other engineers have evaluated the HES working well and above expectations since Astra came onboard. The persons that I have seen via video's or in legal complaints that had access to the HES units that claim it does not work is the Plaintiffs in the Tennessee case that is not going well I hear. This is after the video's they posted over months showing how well the HES works. Do you know of any engineer that is not involved with the Plaintiffs that has evaluated the HES units' hands on that stated it did not work? Your entitled to your opinion but I say it works. Astra has too much going on with its other divisions to have had 2 years DD with the HES units to have stuck with it this long for just Worldwide Marketing rights. If it did not work It would have been discovered within a few months by Astra and engineers.
Bullish
Bullish