Jun. 3 at 8:59 PM
$NEWH Last one for now. I was going to title the first “For a Fistful of Dollars” and this one “For a Few Dollars More”.
~Emphasis in **~
from pg. 15
“Competition
There are number of companies developing green hydrogen technologies including ITM Power, Clean Power Hydrogen Group, Sunfire, Greenway Energy, Amalyst, and AFC Energy. We expect a high level of competition, but the market opportunity is very large. **Once we implement the prototype demonstration of our technology for commercial application**, we plan on seeking partnership or licensing arrangements for our green hydrogen technology with a select group of equipment manufacturers of green hydrogen."
The significance is that they have clearly identified their competition. Later they state that some of these competitors could be partners/competitors.
But, most important to me in this is the use of the term “Once we implement the prototype demonstration..."
There is MAJOR promise in what could come from this.