GREY:WSCEE - Post by User
Post by
daytrader75on Mar 08, 2010 11:43pm
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Post# 16859066
K-Line
K-LineI think a lot of us might have missed something here. I quote:
"K-Line has agreed to fund the total cost of design and construction of the mobile unit. Repayment by Wescorp will be scheduled no earlier than 12 months after the full commissioning of the unit."
"This H2Omaxx unit will be operated as a mobile demonstration unit at oil and gas production sites across Western Canada and in the United States and will showcase its technology at industry trade shows."
K-Line is an extremely well respected company in its industry and has a diversified manufacturing portfolio. It has survived the highs and lows in the economy for decades and still remains strong. They wouldn't be where they are today by making poor business decision.
A mobile unit to showcase the technology is whats needed.