Composite Technology will receive an additional 7.5 million Titomic options2 for providing certification for the quality assurance requirements for the design, development and production of defence related products (NATO Replacement Parts) manufactured using Titomic TKF Manufacturing Systems.
So reading this again, to get NATO certification, Composite Tech need to receive the Machines?
They (Comp Tech)are receiving shares to provide this NATO capability.
Therefore what’s stopping this deal progressing to revenues received for Titomic?
TTT media, page-462
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