Licence Agreement – Molten Sea Ark Technology – Exhaust Gas Emission Reduction – Development of Retrofit Units for Thailand Market.
Alpha Prospects Limited, the investment management company focussed on companies providing opportunities to reduce greenhouse gas emissions, is pleased to inform shareholders that it has entered into a licence agreement with the Molten Sea Ark Technology Foundation for the development and sale of a unit that can be retrofitted to motor vehicles.
The licence grants the right to sales in Thailand and it is intended that the development will take place at the Company’s facility in Bangkok, Thailand.
The Molten Sea Ark Technology Foundation has been established to protect the intellectual property rights for the inventor of this new and exciting technology.
Recent tests of the units have proved that harmful emissions from internal combustion engines will be reduced by over 95%, together with significant fuel savings.
A business plan for this venture has been prepared and it is projected that income and profits from sales will be achieved in the third year.