Hi Peter,
I hope you, the PYR team, the HPQ team, and all your families are doing well. Thank you all for your amazing efforts to move these companies forward on so many "proud to be a shareholder" type business lines and creating incredible shareholder value along the way. You are all doing amazing and inspriational work for yourselves, the shareholders, and the planet Earth!!!
At the 57:50 minute mark of the AGM there is the question: Q: When you say you don't have the patent outside the iron ore pelletization... does that mean someone else has it?" You go on to answer: "That's a good point, no, we have a patent for the iron ore pelletization industry... it can not be patented outside now because when you get a patent it cannot be obvious, it has to be extremely new. So, no, we have it for iron ore pelletization industry and obviously we have the expertise and knowledge and the other industries we do not have the patent... but nobody else does."
I believe your quote "nobody else does" touches on a key point that perhaps many may be confused on ( I know I was ) and is the reason for this question...
Are you saying that a patent is not likely going to be awarded to any company, not even Pyrogenesis, for the use of plasma torches in other fossil fuel burner industries because now that PYR has the patent for iron ore use, any similar application is not "new or novel" enough to apply for a patent... such as cement or aluminum or whatever? Of course, someone may come along with a plasma application that is new and novel (likely you) but for traditional fossil fuel burner replacement... does the buck simply stop with PYR from a "you can't patent something so similar" perspective?
If so, and if I am the owner of Tim's Cement Ltd. and I am looking to replace fossil fuel burners to run a more GHG friendly process, would I be more likely to knock on your door, the plasma provider with 110+ patents, 25 years of plasma experience, vetted by the US Navy... or George's Plasma Co? If no one has a lock (and likely won't for some time) on anything plasma/cement related who am I more likely to do business with?
Best regards,
Tim in Vancouver