Sharon, perhaps you can explain to us the business model? What exactly is the company selling?
SD: The company actually sells – we call it a kit which comprises of our proprietary pipes. Part of them are embedded in the ground, as you said before, in the hose, a 7 metre hose. Part of the upper, what becomes then the root zone temperature area where there are several types of pipes to be embedded in the roots, some of them segmented, insulated, which is proprietary, produced by our partners, Weisman Friedman. On top of it we have a console system which you can monitor online what’s going on and you can control the activation of the system. The system should not be performed throughout the day, 24 hours. Sometimes 10 hours is enough or 12 hours is enough. It’s varies between winter and summer, it varies between different types of crops.
ROO Price at posting:
48.5¢ Sentiment: None Disclosure: Not Held