Posted On: 02/18/2016 11:03:56 AM
Post# of 3605
About Wednesday's PR announcing the 3-way venture with Coates, Aqua Power, LLC and WTF Asia International Ltd. to develope the "Hydrogen Reactor Project"
WTF Asia International Ltd is a private company led by Dr. Patrick Hayes. This company has been in business for a number of years. I see Dr. Hayes as the Jack Perkowsi of this company whose job is to apply the hydrogen reactor technology on a larger scale and make it marketable. A good sign.
I have not been able to find Aqua Power LLC or hydrogen reactor project anywhere on the net except where mentioned in the PR. According to George, the Chinese have made information on certain websites unavailable to foreigners.
IMO, new intellectual patents still have to be obtained before anything of material substance will happen with any of this. The good news is that the potential is there and the project is out of the Coate shop. However, Coates could make further developments and improvements. Hope they do not spend any time soon doing that. I would also expect Coates to collect license agreement fees if their intellectual property is distributed.
WTF Asia International Ltd is a private company led by Dr. Patrick Hayes. This company has been in business for a number of years. I see Dr. Hayes as the Jack Perkowsi of this company whose job is to apply the hydrogen reactor technology on a larger scale and make it marketable. A good sign.
I have not been able to find Aqua Power LLC or hydrogen reactor project anywhere on the net except where mentioned in the PR. According to George, the Chinese have made information on certain websites unavailable to foreigners.
IMO, new intellectual patents still have to be obtained before anything of material substance will happen with any of this. The good news is that the potential is there and the project is out of the Coate shop. However, Coates could make further developments and improvements. Hope they do not spend any time soon doing that. I would also expect Coates to collect license agreement fees if their intellectual property is distributed.
(1)
(0)
