Ann: US State Government Grants secured and platform update, page-35

they mentioned that they can build phase 2 close to "parallel" with Phase 1 which i'm interpreting as being able to build both phases almost at the same time, albeit phase 2 most probably 6 months behind phase 1 - is anyone else interpreting this the same?

i was of the understanding that our current capacity is 10,000 cft/year, hence phase 1 aim is to take us from 10,000 cft/year to 25,000 cft/year. therefore upon completion of phase 2 with 80,000 cft/year being our capacity we would be at 8 x times current production capacity. the prospectus also stated first year aim was to produce 10,000 cft of cfoam