This PFoam sounds exciting and the deal should be finalised this month...
Sales have already been awarded pending the finalisation of the license agreement.
Selling price margins expected to significantly exceed that of other cfoam products...
Sounds great
- PFOAM - New Product Line
CFO expects to finalize and sign a license agreement later this month giving it access to 10 patents and intellectual property related to the production a graphitized/densified carbon foam product. This product, produced from a mesophase pitch feedstock, has thermal conductivity properties greater than aluminium and copper. CFO intends to introduce this new product line with the name PFOAM. Currently, CFO controls the manufacturing capability to produce PFOAM at scale, cost and output rate to penetrate already identified markets including LED lighting. Production of PFOAM is planned for Q1 2017. Sales of PFOAM have already been awarded pending execution of the license agreement. Selling price margins are expected to significantly exceed that of other CFOAM® products.
A lot of good information in this announcement.. just have to work through it...
Cheers
Ann: Operational update, page-67
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