This is the first in a series of monthly updates that will keep stockholders and interested parties informed on our progress.
Sample Success
Dr. Tim Vander Wood, of MVA Scientific Consultants, put our latest Mg(OH)2 nanomaterial sample under an AFM (atomic force microscopy) microscope, which measures matter at the nanoscale level. This was the cleanest sample he has received from us to date. His reaction? Tim declared it to be the “prettiest he had ever seen.”
Georgia Tech Update
Dr. Yulin Deng, Associate Professor at the School of Chemical & Biomolecular Engineering at Georgia Tech, has been working diligently on our behalf, researching applications in both the paper and plastics industry. Following are updates on these promising endeavors.
Paper:
Dr. Deng tested our most recent sample for Zeta potential, which measures the electrostatic potential of particle materials. For our purposes, the lower the Zeta potential the better, so it was wonderful to learn that we have progressed significantly from -2.3, which was our earlier measurement, down to -20.3.
The wet-on-wet work continues to be ongoing and we are several weeks out from having samples to test.
Plastics:
Excellent news continues on the plastics industry front, as Dr. Deng was able to successfully convert our nanomaterial from styrene to polystyrene.
He is now in the process of putting together a presentation for research funding through a National Sciences Foundation grant as well as a Defense Advanced Research Projects Agency (DARPA) grant. We are also exploring a possible military use of nanoparticle copolymers in body armor – more on this to come ….
Engineering Group CEO Tours Plant
On November 9, John Tharpe, CEO
and Principal Engineer of R&L Engineering, Inc., in
Earlier, we had provided samples to John for testing, which were dried to the nanoparticle using R&L’s existing process. Unfortunately, tests revealed that the process was not successful for our needs. However, during his visit, John provided us with a “Proof of Concept” proposal which would engineer our system and combine all the components together using an explosive drying process.
We have agreed to this proposal and Paul Leonard is in the process of drafting a contract between Aqua Resources and R&L Engineering. Lee has agreed to produce 10 gallons of product in order to test this drying process.
Stock Update
Since our annual meeting we have been busy selling stock. At the present time we have sold over 1,400 shares @ $150 per share.
As a result of these brisk stock sales since our annual meeting we have decided to suspend sales at this time. When more stock is available for sale we will put a notice on our site.