Ann: Hazer and FortisBC Sign Binding Project Agreement, page-77

the only reason this company has a market cap and sp of where it is now, is because of hype

markets function on hype and sentiment until it’s judged by revenue and profit

the license model is an investors dream

but the opportunity price is in the region of $50m MC for many big dog investors (in 3 months it will be another story - let’s see)

the current published book value for their tech is at an adjusted Zero $ value if I’m not mistaken (before adjustment circa $30m)

the updated books will be the catalyst for the market (not the big investor) to respond with material interest

if the updated books reflect a value of say $100m for its IP, this will support managements hype (weve seen over the last few months) and the market will respond appropriately