Today is Christmas Day 2017. Over the past year a lot has taken place and has changed the outlook of this company. One thing is that we will be moving the headquarters to CottonWood, Arizona. We have found a nice ranch there that can
house all of the horses and has enough room to place our equipment and room for expansion.
The most important event thisyear was the building of the first Plasma Extractor System which was completed in july and produced the first beads of gold and silver
from the extraction of the noble metals from their host which was samples of concentrates given to me by different mine owners.
We are in negotiations with two major mining companies in the US to license this new technology and introduce it into their
gold recovery systems.
Also this year a new partnership was made with a company who ownes manufacturing facilities in Oman and plans are being made to manufacture all of our technologies there. This new partnership has 8 individual contracts with
countries in the middle east to bring them fresh drinking water from salt water using our Plasma Incubator Reactor technology which will give clean drinking water and yield a metal concentration of all metals that are in any water which we process. This
concentrate will be fed to the PES system and all the noble metals will be extracted.
Finally for 2017 we have received funding for our Panama project which is to set up mining operations in Panama. Our new joint venture partner has funded us
with over $18,000,000 in start up monies for both Ghana West Africa and Panama. With the recovery of the gold and silver from these two countries we should see our gross revenues increase by over $15,000,000 per month.
In the early years of the
Foundation we spent developing our technologies, then we spent a few more years developing our market and proving that the technology worked, that is the Electro-coagulation unit and the Plasma Incubator
Reactor and the Bubble Gen Linear Generator, we spent four years looking for development and implimentation money from investors and angle organizations, hedge funds, banks, loan companies and even mining companies. But everyone that understood
the tremendous market for our technology either wanted to buy it from me or wanted to steal it from me and even General Electric tried to hire me at a salary of $2,000,000 a year but I had to give them the engineering for the system before
I could go to work. During our search we contacted the World Bank and asked them to evaluate our technology and give us an idea as to how much our market would be worth in 5 years after the first PIR system was built. They spent almost one year
on their research and when they gave us their findings we were all shocked forTHEY VALUED OUR MARKET FOR A FIVE YEAR PERIOD AT $82,000,000,000, THAT IS $82 BILLION DOLLARS.
This system costs in excess of $3,000,000 to build and put to work. It
would generate over $7,400 each and every day that it worked. We did not have that much money and we still don't have that much money and we never did find a funding source that just wanted an equity partipication in the company. Today we still
have not built anything except our proof of technology prototype and we are still looking for investors who want a part of our business.
Last year we came up with a new way in which to use this Plasma technology in the mining and refining industry.
We always knew that we could drop disolved metals out of water and that they were 99.99% pure. Now we have engineered a brand new form of the PIR and it is now able to be used as a refining
process for gold, silver and the Platinum Group Metals. The secret is that all metals have their own melting point and if suspended in water they will approach the Plasma Arc which is functioning in the
water and as they heat up to their melting point they will drop out of the ore that they are contained in and drop to the bottom of the Reactor to be removed and separated with individual magnets with gouss rating that are specific to the metal they attract.
This save many steps in the mining process.