Replies to post #31482 on NewStream Energy Technologies Group Inc (NSGP)

[asegal1228]

So according to the April 4th 8K filing that you referenced and bear with me as I have not kept up to date as of late....

In addition to the royalty fee, Jindal will pay the Company a one-time license fee of seven-hundred and fifty million dollars ($750,000).

I am assuming that this is the first payment that CCTC has received from Jindal? Correct me if I am wrong.

The license fee will be paid in two installments as follows: a) three-hundred and seventy-five thousand dollars ($375,000) upon signing of a pilot plant construction contract and b) three-hundred and seventy-five thousand dollars ($375,000) upon the successful testing of Jindal's Indonesian coal at the pilot plant.

So you are opining that the pilot plant construction contract has been signed? If this is factual we should most certainly see an 8K filing reflecting as such imo.

Construction of the pilot plant in Oklahoma will commence immediately upon execution of the construction contract which is expected to be signed during April.

Obviously this did not happen.