The most recent 10-k (below) makes me question the
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Posted On: 08/28/2022 12:07:19 PM
The most recent 10-k (below) makes me question the value of the patents. We are approaching three years since they were issued, they started working on a business plan in 2020 and due to capital limitations the planning continues in 2022.
Seems that if there was a clear cut path to monetizing the patents a plan would have been developed by now - especially noting all of the other opportunities snpw has brought forth since the issue of the patents.
On September 19, 2019, the United States Patent and Trademark Office published patent US 2019 288 139 A1 for the Frame-Less Encapsulated Photo-Voltaic (PV) Solar Power Panel Supporting Solar Cell Modules Encapsulated Within Optically-Transparent Epoxy-Resin Material Coating a Phenolic Resin Support Sheet issued to National Mechanical Group Corp. Originally designed for application in the solar bus shelters operated by Street Smart Outdoor Corp, as a glassless solar panel, the Company has developed a patent protected product and process for creating solar panels that can be integrated directly into the design of products as a molded, weather resistant plastic. The Company has started work developing a business plan for expanding on either manufacturing or licensing of the technology in 2020 but given capital limitations continues this development in 2022.
https://www.otcmarkets.com/filing/html?id=157...n2YNirHJth
Seems that if there was a clear cut path to monetizing the patents a plan would have been developed by now - especially noting all of the other opportunities snpw has brought forth since the issue of the patents.
On September 19, 2019, the United States Patent and Trademark Office published patent US 2019 288 139 A1 for the Frame-Less Encapsulated Photo-Voltaic (PV) Solar Power Panel Supporting Solar Cell Modules Encapsulated Within Optically-Transparent Epoxy-Resin Material Coating a Phenolic Resin Support Sheet issued to National Mechanical Group Corp. Originally designed for application in the solar bus shelters operated by Street Smart Outdoor Corp, as a glassless solar panel, the Company has developed a patent protected product and process for creating solar panels that can be integrated directly into the design of products as a molded, weather resistant plastic. The Company has started work developing a business plan for expanding on either manufacturing or licensing of the technology in 2020 but given capital limitations continues this development in 2022.
https://www.otcmarkets.com/filing/html?id=157...n2YNirHJth
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