HPQ Silicon Inc V.HPQ

Alternate Symbol(s): HPQFF

Metals & Mining Gold Industrial Metals & Minerals

HPQ Silicon Inc. (HPQ) is a Canada-based technology company specializing in green engineering of silica and silicon-based materials. The Company is engaged in developing, with the support of technology partners PyroGenesis Canada Inc. (PyroGenesis) and Novacium SAS, new green processes to make the critical materials needed to reach net zero emissions. Its activities are centered around the three pillars: becoming a green low-cost (Capex and Opex) manufacturer of Fumed Silica using the Fumed Silica Reactor, a proprietary technology owned by HPQ being developed for HPQ by PyroGenesis; becoming a producer of silicon-based anode materials for battery applications with the assistance of Novacium SAS, and Novacium SAS is engaged in developing a low carbon, chemical base on demand and high-pressure autonomous hydrogen production system. The Company operates in a single operating segment, segment, being the sector of the transformation of quartz into silicon materials and derivative products.

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HPQ Silicon Inc

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Comment by Napoleon001on Sep 27, 2017 12:50pm

140 Views

Post# 26748801

RE:RE:RE:RE:RE:RE:RE:RE:RE:Peter Pacalli on PUREVAP Patent & Royalty Payments

What is your opinion re: HPQ paying $1M for the IP property and that even if a patent is denied the royalties are still owed? Cheers, Nap

kenneyboy wrote: Hi NAP and good morning. Seems your problem is the 10% royalty HPQ will have to pay. I would be happy to pay a 10% cost on some sales than 10% on no sales. Sales mean we're in business. Why bother about the 10% expense of getting those sales in the first place? All IMHO. Cheers and goooooooooooo........................HPQ

Napoleon001 wrote:
Confidence is a wonderful quality, especialy when someone else is paying the bill for every dollar spent, you were paid $1M for the IP, whether a patent is issued or not a 10% royalty on gross sales will be due, and assuming you scale the process whether you scale 3N or 6N the same 10% royalty on gross sales will be due.

Kudos to Peter. He should be confident!

Cheers, Nap