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RE:Best answers are....

[VIKINGSTORM]

BloodyMaryAgain wrote: I lost many good posts from this accountant the beginning of October. actually all of them were lost deleted whatever and stockhouse isn't in the business of fixing it it seems, they have also deleted some of my posts shortly after I posted them, not a first time. Those posts had all the answers, especially in regards to Enbridge, Zamil Agent and especially the relationship with Fluor Stork. 

Hope this doesn't come off as arrogant, but many of the questions recently asked I have revisited and brought up as recent as this week. I refrain from doing it more often so as not to come off as a pumper. I believe in Allen and his idea and fully trust he has done (and doing) everything to point us in the right direction, just not on everyones schedule. This is not some fluff resource play, Augusta has a solution to a real problem and now we know its not only in the oil industry. 

1)  Zamil - has #5 unit been installed?

All of the Installs and sales since 2011 to Aramco were through AAO agent in Saudi Arabia with Mohammed Tuffaha. He is the Unit Supervisor Sales Engineer at Zamil Group Holding Company. Read the MD&A the last 4 years diligently and you will absolutely find it is all there. 


2)  ???? (2013 orders) - have #10-11 units been installed?

Read the 2013 Annual report. 


3)  Enbridge (2014 orders) - have #19-20 units been installed?

Yes absolutely 

 

 f I am 100 percent accurate it was 19 Units. and now we are charging them for DMAT so more money coming in from them, I don't know what Allen has negotiated on for price for DMAT though. 


4)  South American sales rep - only 1 order (2 units) since Dec '12 ????

No orders since then I could find in the MD&A but service contract and data analysis has been renewed again with the clients which is a plus.


5)  Shandong Fukeshi - MOU (apr '15) - why no agreement yet? Maybe nothing turned out, 
Nothing seems to have developed since by the sounds of it, and I did pretty deep. As Freedom45 said even if we get 90 or 95 percent of the contracts bid we for or opportunities that walk in the door thats pretty damn good, "Just Saying" Right freedom? har har. Cant get them all, but nothing to say something doesn't open up down the road. 


6)  Stork (jun '15) - was supposed to have huge contacts in European market; no deals yet???

Slow implementation of partnership and kick off since signing the agreement is likely due to the M&A between Stork and Flour. New activity possibly underway end of Q3-Q4. Remember when Fort McMurray was literally on fire? Allen was in Houston for the OTC Show invited by Stork/Flour to join them and present/display/promo at their booth. ALSO He visited some Mitsubishi Offices while he was there, and as I discovered thats where their Legal and HR offices were also HQd, I believe their R&D Lab is in Boston. 


7)  Onosco (jly '15) - NDA update???  Status of field test which was to start Q4-15 I referred to this in a big post I made in April I wish I could find. Onosco is the local partner, AAO probably needs to close a deal with Petrofac and PDO so that Onosco partnership goes to work. Currently bidding second opportunity. 

I have found that not all bids/tenders are publicly listed, not Like India Oil. Which even then is a Cluster. Many require you have a Vender # Log In just to view the tender, So unless you want to spend the time trying to get around that to find the tenders, then go ahead and have fun, you will go blind looking at your screen trying to register first as a vendor! 


8)  Alberta co ? (jly '15) - result from URGENT meet???  Ok I have brought this up many times, and I think I just brought up again on Tuesday, it was Apache. Mex, bless his heart thought this was strategic and preying on investors to thunk it was a giant like Nexen right after their leak. (which I don't believe for a second it was), Apache was listed in there MD&A and the only other business that Q was the mountain of contracts from Marcon. (Much like this whole year has turned out in fact) Read the MD&A


9)  Beijing Bechmann (sep '15) - NDA update??? Status re: 15 site proposal

Nobody I know here has found anything and neither have I. 


10) India tender (may '16) - status of tender for 15 EFM units??

Im still reluctant to believe that we have lost it totally. Because in 2015 that tender went out and Roxar was the only bidder and they STILL lost the bid. Then in 2016 spring we were invited andAdvanceTech as our guy and Roxar/Emerson again was there for this bid and yes as it appears we did not get as per their Tender Portal. That was for 15 units, but we have been invited back by India for 7 more units. My guess is about 1.6.7 Millionish. 


11) DMAT revenue same 2014-2016 - why no increase?

Not sure how you came to that. We are also now charging Enbridge. 



12) MARCON - need to reduce backlog $1,207,043; cash problem = incomplete work 

THIS IS NOT ACCURATE AT ALL - With all do respect do the math, Add all the NRs with new contracts signed, minus total sales and revenue end of Q3 will equal backlog. Backlog means pipeline of order does not mean negative like you make it look like. This successful business has contracts signed ahead of time, placed in the pipeline and order backlog so that they can ship accordingly.  Maybe your the type that want them to kill then eat exactly what they kill and have nothing in the fridge for the next day.  Business 101. 


13) FBG - 2014 MD&A stated several bids out & expect contacts early '15; 2015 MD&A stated Q1 bids & expect contracts early '16; to-date NO CONTRACTS - why?  How many contracts submitted in total to date.  ???????????

A big number of projects have bid and especially in South America and due to commodity price, budgets have been move to back a year or so just like all the projects here in Canada  although more likely 2017/2018. I think its the State oil company in Venezuela myself. 



Thanks BMA !