Member Info for Hotfinance14

Yes it does matter as the longer these projects are extended the more likely there will be another fund raise and even further dilution.

I agree Blackwash this is bad news for Tomco due to them extending the 10% deposit financing date.
Regarding Quadrise I don't think there is any imminent news on Morocco, Utah or MSC as they
all seem to be at a standstill. We may get the news on the Biosmar testing at soon.

The Tomco SP uplift is due to the imminent news for the balance of the deposit being paid.

A 1 trade is commonly a brokers code that they need more shares. It is utter nonsence to think
this means an RNS is on it's way.

Wakey Wakey Fyoz..my post was about project completion and not about testing of biosmar.
We could have the best fuels in the world but if we can't obtain contracts they mean nothing,

I was expecting details of the trial on that RNS.

Since the Maersk trial ended in May 2017 (over 4 years ago) all that Quadrise has completed regarding a project is a 3 day
pilot trial at Morocco which is nearly a year ago. I am beginning to wonder if they are capable of
actually delivering a project. Still no news on the Morocco or Utah trials.

Did you notice the job description did not include anything about sales invoices ? It is all related to supplier invoices!!

There is no need for a finance assistant at the moment as there is no increase in accounting transactions
now or in the short term future.

Clients ? Do you mean partners ?

Mk stated he expects revenue from UTAH in Q421 so the trials should start fairly soon.

From the RNS :
TomCo will now review the report and it is expected that Greenfield and Quadrise will enter into discussions regarding potential future trials and deployment of the technology to produce MSAR® and/or bioMSAR™ fuel at a commercial scale

When do we expect these trials to take place as currently the POSP is not active ?

News and marverlous news for a change.

Quite the opposite. As the client were eager to start the trial I am sure they would be eager to state the trial had started.
Unless they did not state they were eager and MK mislead us.

I agree ColinH. I would appoint an experienced project manager in charge of all projects with the assistance of JM and request MK has nothing to do with them.

So why not put on the new blog the trial has started ?

''Similarly in Morocco, OCP dictate the pace. OCP haven’t even confirmed that it’s OCP. We only officially know it’s a Moroccan cement producer.'

In early July we were told the Morocco client was eager to start the trial. This is now nearly 3 months ago!!!!
'

Barking..when did QFI inform you the fuel was not ready ?

They never did tell us the name of a 2nd shipping company in relation to a trial. I think were rather mislead.

Are we expecting an RNS when the Morocco trial starts ? it is now beyond a joke if this trial has not started.