Technology .. Did we sell our Sonic technology too cheap ..?
Petrosonic have managed to spin off to a new company based on technology once owned fully by Sonoro. Bad business in my opinion as we only now ever get 10% of potential earnings. Hard to quantify what our Fly Ash tech is worth, but at least we retain the rights to this.
I also noticed on the Kepis & Pobe website that they are also into technology investments. They really fit us like a glove but not sure if there is any connection other than Amira KPO who are on their books ( also our consultants).
WE should have kept our technology and marketed/promoted that while pursuing our drilling license. Not like we did not have any time to develop further with all the bleeding delays from Iraq.