Ann: Investor Presentation - Emefcy Wastewater Treatment, page-3

Capital intensive? Sure it's capital intensive, but capital intensive is a relative concept.

For example, $100m is generally considered cheap to build a mine but is a heck of a lot of coin for most other businesses.

Given that Emefcy's technology is modular and scalable, capex can be deferred on an "as needed" basis. Similarly, with a module costing about $10,000, I wouldn't call that capital intensive, especially for their target market. Similarly, Emefcy is entering the market with their smaller system and will then scale up, providing empirical proof of concept whilst generating revenue and garnering market penetration (not that that should be a problem given the bona fides of management).

And leaving the best for last - project payback is around 2 years. Show me any company that needs - and the companies using Emefcy's SABRE technology will need it; with a projetc payback of 2 years, and they won't blink at the outlay. After all, where else are you getting virtually guaranteed 50% returns on your money whilst helping conserve a precious resource???

Hope this puts things in perspective, Hercules.