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ravena

02/06/14 11:58 AM

#907 RE: NewCo #906

Almost anything is achievable if you have the money, and a new corporate entity to carry a VertiCrop project forward unencumbered by the debt load Alterrus were burdened with, would certainly have a head start. We already know from comments posted by The Only Way is Up that the expertise to correct the faults in the Vancouver system is available, but any new investor will no doubt be weighing up all the "vertical farming" options now available, bearing in mind the fall out from the Vancouver systems failure (i.e. the effect on the credibility of the VertiCrop technology). The latter also demonstrated some shortcomings that went beyond mechancial failure - the inability to meet crop production estimates being one. Those who designed and built the Paignton unit were fully aware that the VertiCrop system needed ongoing modifications and refinements to meet its full potential, but were never given the opportunity to develop these. The R&D facility that remained at Paignton, never resolved these shortcomings because it simply lacked the in-house expertise, and we all know what happened to the Valcent EU team who posessed the latter.