Ann: Kalina Investor Presentation, page-30

I know technology in general and what I have said about them technologically is very true, they are completely clueless. They do understand gas fired power plants and that is as far as it goes. Some info for you on CC, the future is not as bright as you think
https://www.newscientist.com/article/2336018-most-major-carbon-capture-and-storage-projects-havent-met-targets/

and raising funds on industrialising waste heat and delivering nothing in 4 years is not pumping, they could have entered any of the waste heat areas besides augmented gas fired plants and have chosen not to, why because they are simply not commercially competitive, ask them about the sands project that they did bid on, they were too expensive, Ross's own words around 6 months ago.

Ross is a very poor CEO period in any context. The china disaster was an example, things not built to spec and failed to work, then Klamath Hills another disaster which they had to just shelve completely, then Saddle Hills which he lost control of because the government changed the rules but they would have telegraphed that years in advance and he did not plan for it, hence why it remains unfunded as it is now only a peaker. The list is long and not very distinguished. Down to having to redesign the supposed already built Kalina Module for gas turbines when they moved to BH turbines, technologically they are a joke and there are no Kalina Modules in existence for any waste heat area period, that is why they do not bid on anything anywhere, they literally pretend to for raising cash, all they have do is put in bids they know will fail to continue the scam.

Hence why they have made zero headway in any waste heat area at all and never will. So the deal is now gas fired plants with carbon capture. The Kalina Cycles only real purpose now is to sucker people into buying into their capital raises, they have not even proven they have a working prototype let alone a finished module, hence why the proposal for Saddle Hills does not have the Kalina Cycle initially deployed as it does not exist.

This is after listening to Ross for years bang on about the modules they are building to industrialise the space. You hear absolutely nothing about them now. Their only other chance is to do what Ormat does and go after individual custom GeoThermal projects which is what they should have done in the beginning and their share price would have been 10x what it is now.