TTEG finally got its first system order, got the f
Post# of 23
Posted On: 01/08/2014 12:32:08 PM
TTEG finally got its first system order, got the financing to build it, bought back their remaining asher debt, built the system, and now we are waiting for news it has been delivered, installed, tested, and finally news that the first monthly lease check of about $100,000/month has been cashed!!! Then at any time we could see news of a second order.
The ROI of the unit is about 6 months, and the lease is for 7 years!!! That is $7,000,000 from a $500,000 system cost.
The system converts cheap methanol into hotter burning hydrogen, then the H2 is used in the burner package to heat the process at higher efficiency than is possible with burning methanol.
The ROI of the unit is about 6 months, and the lease is for 7 years!!! That is $7,000,000 from a $500,000 system cost.
The system converts cheap methanol into hotter burning hydrogen, then the H2 is used in the burner package to heat the process at higher efficiency than is possible with burning methanol.
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