"On December 18, 2009, the Company signed an exclusive Technology Licensing Agreement (TLA) with INK Global Consulting for the deployment of CCTC's technology in India. The TLA provided for the funding and construction of clean coal facilities for an increasing production capacity of up to 100 million tons annually for a period of 20 years. This would represent some 100,000 million dollars in licensing fees, plus 200 million dollars per annum in royalties to CCTC. The initial license fee was payable as of the end of January 2010, however, the parties continue to negotiate on amendments to the TLA."