ENCS and MODC have same address. Wondering if ENCS's Geothermal patents could be the technology licensed by MODC's Gen-H On-Demand Hydrogen Generator. Is Hydrogen Technology considered geothermal?
Today ENCS PR: The Company granted a worldwide license for its geothermal patents. Regular payments and commissions are due alongside regular reports on progress as follows: 2% of Net Sales, plus a Yearly Payment after a 2 year grace period of $20,000, $40,000 and $60,000 in years 1 through 3, respectively. The minimum payment per year after Year 3 is $100,000.
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MODC:
OXFORD, MS -- Modern Technology Corporation (Pink Sheets: MODC) announced today the general availability of its Gen-H On-Demand Hydrogen Generator.
The Gen-H system delivers increased fuel economy between 10% and 50%, based on the vehicle and driving conditions. The on-demand hydrogen system insures reliable fuel creation without the hazard of hydrogen storage. The Gen-H system creates fuel from water and delivers pure hydrogen and oxygen directly to the vehicle's engine. The Gen-H system can be retrofitted to any year or make of vehicle, including large commercial trucks.
The Gen-H range of technologies enable water-as-fuel and hydrogen based fuel systems and related power generation technologies. Target markets include retrofitting internal combustion engines with proprietary hydrogen generator and fuel enhancement technology.
From pinksheets.com
MODC:Modern Technology Corp.
1739 University Ave. #339
Oxford, MS 38655
* Fax: 9547275969
ENCS:Encore Energy Systems, Inc.
1739 University Ave.#339
Oxford, MS 38655
Phone: 954-727-5969
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