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onpoint

03/28/11 2:12 PM

#529 RE: sps50 #528

Received a letter from Ken McClellanWe are holding off relisting the stock until we have orders for the scrubber to provide us with the value proposition to sustain a price in the market. Returning to the market is expensive and at this point we are using our resources to prepare proposals and engineer solutions to the customer sites that our agents are presenting to us. At this time we are only dealing with flue gas desulphurization at coal fired sites and biomass, which is a combination of particulate and acid gas reduction. We are currently working on flue gas at coal plants in the US east coast market, Western Canada and early stages of discussion with several Chinese customers. We have several biomass applications in the works with our UK agents.
We are building a new website and plan to launch it in late April. The current one is maintained by others and the fees to make changes are prohibitive at this time.
We feel that we are making progress. Our representatives are getting a good reception because we can do the job at a lower price than the competition. We have a core group of people who see what we are doing and want to move forward with us. The desulphurization program has moved quickly with the implementation of the stricter EPA standards set in July 2010. Many coal operations need additional sulphur removed in order to keep operating.
Send me an email at any time that you want an update.

Best Regards
Ken McClelland

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