A little updateGood morning guys,
As I said in a previous post I wrote Mr. Hillhouse, the Investor Relation delegate regarding outstanding stock options and warrants and a few other things. I'll give you a rsum below:
Options and warrants:
He didn't know the number of outstanding options but he forwarded my mail to our new CEO David Alexander. He is currently in Scotland with Lynn Mueller and is going to provide me an update ASAP after his return on August, 8.
Scottish Water has generously created a promo video for IWS to show our products. This will be a part of a info campaign which is going to kick off in fall.
JV with RENEW in California:
The JV has been delayed until today due to the US requirement for “Underwriters Laboratories (UL) Certification. They hope to get the Certification by end of the month. He is going to ask Lynn Mueller if the JV just starts about a half year later or if they try to catch up the delay to be in time again.
Non-exclusive Licensing Agreement with BRTT in China:
Mr. Hillhouse is going to ask Lynn about more details of the agreement and the progress with BRTT, but he told me that business in China is always difficult and therefore the focus is on the Nort American and the European market.
Agreement with the City Fier, Albania
Albania is no longer the focus and there has been no progress made.
GLTAH
jank26