RE:RE:PFAS Contract $9.2 Million There was never a contract signed and I would think this should never have been booked under any standard accounting system
From what I can tell last year woods environmental was looking at various destruction technologies and plasma gasification was one of them and they reached some form of agreement that should they get funding from the federal government then the may proceed with the plasma destruction facility
You will note that PYR as usual carefully worded their press release to say awarded not has signed a contract this is the same as the magnesium announcements they are not final contracts or even firm pricing or requirements.
Fom woods March 2022 presentation to wausau MN. So yes there was discussions maybe letters of intent but absolutely was not signed contracts and you will recall twice Peter skated and stated they were not signed contracts .
"We are also awaiting additional DOD related research funding on PFAS background in multimedia, foam fractionation, and onsite destruction of PFAS waste via a novel Gasification technology that produces a beneficial gas for reuse"
as with all pyrogenesis press releases dissect and take them with a 50 pound bag of salt
Gordinno wrote: BIGMOE wrote: First issue is the PFAS Contract of $9.2 Million
1. Pyro won the contract in a fair bid and were selected.
2. Pyro technology works based on US Navy and UN contract. IP is developed and protected.
3. Now the question they bid for this projet, I assume in Pyro bidding process that their IP protected and they must have clauses in the bid and contract document. The Town of Easton (who ever, we are guessing) and WES Construction Corp (we are guessing), they all must have known before they selected Pyro that their IP non transferrable. This all should have been taken care off when Pyro was issued the contract based on my limited legal d ocument signing.
4.My queston is who did Pyro sign the contract with? Town of Easton or the WES Construciton Corp? Can somebody clarify this? I think Pyro need to clarify?
5. To me it's kind of strange that last minutes or months before the project in manufacturing process, we are discussing who owns the IP. I think the Town or the Generact Contractor should know this that no company in the world going to give their secret sauce for just a project.
6. All above for discussion purpose only and no need to get upset or calling name to anybody or disrespect any organization. it should be constructive discussion on all sides.
Was there ever a contract