Equipment News & Updates January 2009
2008 was an eventful year with a lot of different things going on. We found out some things we didn’t know about our product and also confirmed some that we had suspected. We also had some things not happen the way we thought they would.
Lee has been working on several fronts with differing amounts of success. These are listed with some explanation below and are not in any particular order:
1) MATRIC
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MATRIC is working with others to develop commercial protective materials for Blast, Ballistic and Fragmentation from IED’s and Munitions. They are interested in putting some of our product into the materials they make the protective items from to see if will improve them. We hope to have initial tests run in the next few months.
2)
We had a meeting with several Georgia Pacific employees in March 2008 about trying some of our product in their paper products. Their initial interest was high, however, they wanted to see the results of a toxicology report to determine the potential hazard of working and using their standard products with some of our stuff added in. We have spent quite a bit of time trying to evaluate the requirement of a tox study. They are very expensive and take a lot of time. The Magnesium Hydroxide is on the safe list, but the FDA will not give the go ahead because of the nano size. We are looking at several options, but do not have a solution right now.
3) JMC (J Miles Consulting)
JMC is interested in adding our product to the manufacturing process of making dry wall or sheetrock. Dry wall manufacturers currently add different products to some of the paper which surrounds the dry wall to keep mildew and mold from growing on it. A small percentage of dry wall is all that is treated, however, this small percentage is still a lot when the total amount of dry wall is considered. JMC was given some of our product to test in their lab and unfortunately, did not pass the test to prevent mold and mildew from growing. Our micro biologist from Georgia Tech believes he knows what happened and can tell us how to fix it. We hope to confirm his theory soon.
4) HP (Hewlett Packard)
We have not officially had contact with HP, however, we have had preliminary conversation with an engineer that works for them. His engineering group is very interested in possible uses of our product. We plan to continue conversation with them in the new year.
5) TOPICAL APPLICATIONS
We have had several stockholders and friends apply some of our product to various and sundry ailments including athlete’s foot, nail fungus, ringworm and other things. We are batting a pretty high percentage of cure for these including nail fungus. We’re not convinced everyone was cured and believe there is some placebo effect going on. However, we do believe many of the cures are real. We plan to have all of these fungi officially checked in the lab in the next few months.
6) REDUCTION OF CARBON DIOXIDE AND CARBON MONOXIDE (CO2 and CO)
Reduction or elimination of CO2 and CO is getting a lot of attention today, especially in coal fired electric plants and in the process of getting petroleum products from coal. Lee has designed a widget that shows great promise. He has shown this to some scientist at Oakridge National Laboratory and they have said they believe this is the best thing going to eliminate or reduce CO2 and CO anywhere in the world, and have written a White Paper to that effect. Preliminary pricing to construct a working model to prove the concept has been quoted at $1,000,000. We are looking at both state and federal governments as well as private industry to fund this prototype. So far, we do have interest but no one has stepped forward with funding. We believe someone will fund a working model this year.
7) USING MAGNESIUM HYDROXIDE NANO PLATELETS TO MAKE POLYMER FIBER STRONGER
A professor from Georgia Tech believes MgOH2 will act similarly to nano clay and increase tensile strength of fiber composites. These tests can be combined with tests in 1) above. Results should be in within the first few months of 2009.
8) SOLVENT-FREE PASSIVE AND ACTIVE DECONTAMINATION OF BIOLOGICAL AND CHEMICAL AGENTS USING NANOPLATES
A scientist from Oakridge National Laboratory believes our product holds great promise to Decontaminate Chem/bio agents. This requires further testing and evaluation to verify the theory. We are trying to acquire funding to get these tests completed and again hope to have this done within a few months. There is also a possibility some section of the US DOD will fund or perform the required tests.
9) ANTI-MICROBIAL NANOPLATLETS
Another professor from Georgia Tech has proven our nanoplatelets can kill e-coli and other bacteria in a lab setting. We have a list of 14 different bugs we want to try our stuff against in the lab. These include Staph and other things that seem to be immune to normal antibiotics. These tests will probably take at lease six months as well as further financial investment.
There was a lot going on last year and still a lot left to complete this year. Some of our hindrances have been the lack of readily available equipment to work with our product. We still believe we are the only ones in the word to have nonoplatelets. Most of the individual equipment pieces we use have had to be designed and built just for us. Most of them did not work on the first try. To bring our product to market has been a long expensive process and we are not there yet.
Finances have been and still are a problem. Specialized equipment is expensive. It costs a lot to get the required testing completed. Many labs can’t work with products this small, and the ones that can are proud of their work. In many cases their equipment is quite costly so they charge a lot for their services. Our goal is still to sell only as many shares as we need to fund our current requirements and we need to sell some now. If any shareholder wants to buy more shares, please contact the Secretary or Treasure.