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Jitz

12/05/08 11:16 PM

#154 RE: RonnieD #153

accorrding to the 10K the CEO of XLtech John Scott is one of the directors of petrotech. he has a VERY nice resume shown in the 10K as well.wll do some further reading over the weekend
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Jitz

12/05/08 11:36 PM

#155 RE: RonnieD #153

ok i just watched the media, the guy is producing the stuff on a small scale already, if the price of oil ever goes back up, this will do fantastic. also i can see it being used in countries where crude is usually expensive.

basically they need to expand as quick as they can while they have the technological adavantage, looks like the algae does all the work so overhead should be low i think.

doesnt sound like anyone else is interested apart from us 2!