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Posted On: 05/25/2019 11:54:55 AM
Post# of 63821
$BLONF FaQ:
< >
< CO2 Foliar Spray Patent Progress
Our CO2 Foliar Spray pending method of use PCT patent will be supported by further patent filings and a second distinct patent. For the retail market, we have filed for a hand-held device patent.
< Explain your CO2 Capture and Use on Plants Patent License
We have a global exclusive royalty free license for the use two gas infusion patents (2001 and 2009) to capture and dissolve CO2 gas via microporous hollow fiber technology for all plant growth. We are entitled under this license to manufacture our own devices.
< We are allowed to patent arising IP. 2019 Commercial Revenue
Our first two long term Commercial Agreements are on a per square foot lease basis. We cover capital expenditures related to our technology and set-up. Ourcustomers pay to adapt their irrigation to the CO2 Foliar Spray. Our publicly stated lease revenue target by year-end 2019 is C$10 entering 2020. We will provide consolidated data at the end of each quarter on run rate lease revenue.
< Inventory of Components and Manufacturers
We have three contract manufacturers that can make our desired CO2 Foliar Spray systems. We have inventory capable of irrigating over 5M square feet. We have sufficient inventory carry out numerous (12) trials simultaneously.
< Monitoring CO2
UseOur commercial CO2 Foliar Spray systems have remote monitoring telemetry that can be controlled remotely. The telemetry will indicate if the technology is being used beyond a particular site license limit.
< CO2 Gas Suppliers
We have multiple relationships with major CO2 gas suppliers for growers. Our customers will be paying for their CO2 gas supplies.
< Is CO2 Foliar Spray Organic?
Yes, provided our customer uses food grade CO2 from industrial suppliers. Ontario’s Pro Organic states that if CO2 gas is extracted from coal, cement or lime facilities, its extracted use would not be considered organic. Other Provinces and States have their own definitions.
We are getting more requests from organic growers that are constrained on the use of chemicals such as pesticides as our CO2 Foliar Spray also has natural resistance features to pathogens such as E. coli.
nce features to pathogens such as E. coli.
< >
< CO2 Foliar Spray Patent Progress
Our CO2 Foliar Spray pending method of use PCT patent will be supported by further patent filings and a second distinct patent. For the retail market, we have filed for a hand-held device patent.
< Explain your CO2 Capture and Use on Plants Patent License
We have a global exclusive royalty free license for the use two gas infusion patents (2001 and 2009) to capture and dissolve CO2 gas via microporous hollow fiber technology for all plant growth. We are entitled under this license to manufacture our own devices.
< We are allowed to patent arising IP. 2019 Commercial Revenue
Our first two long term Commercial Agreements are on a per square foot lease basis. We cover capital expenditures related to our technology and set-up. Ourcustomers pay to adapt their irrigation to the CO2 Foliar Spray. Our publicly stated lease revenue target by year-end 2019 is C$10 entering 2020. We will provide consolidated data at the end of each quarter on run rate lease revenue.
< Inventory of Components and Manufacturers
We have three contract manufacturers that can make our desired CO2 Foliar Spray systems. We have inventory capable of irrigating over 5M square feet. We have sufficient inventory carry out numerous (12) trials simultaneously.
< Monitoring CO2
UseOur commercial CO2 Foliar Spray systems have remote monitoring telemetry that can be controlled remotely. The telemetry will indicate if the technology is being used beyond a particular site license limit.
< CO2 Gas Suppliers
We have multiple relationships with major CO2 gas suppliers for growers. Our customers will be paying for their CO2 gas supplies.
< Is CO2 Foliar Spray Organic?
Yes, provided our customer uses food grade CO2 from industrial suppliers. Ontario’s Pro Organic states that if CO2 gas is extracted from coal, cement or lime facilities, its extracted use would not be considered organic. Other Provinces and States have their own definitions.
We are getting more requests from organic growers that are constrained on the use of chemicals such as pesticides as our CO2 Foliar Spray also has natural resistance features to pathogens such as E. coli.
nce features to pathogens such as E. coli.
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