SulphCo, Inc. Q2 2009 Earnings Call Transcript

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2009-08-01 02:36:19.0

Tags: Revenue, Commercialization, Call Transcript, Earnings, Sulphco Inc., Operational Accounting, Finance, Seeking Alpha

Question-and-Answer Session

Operator

(Operator instructions) Our first question comes from David Firshein of Cascade Capital Corporation. Please go ahead.

David Firshein Cascade Capital Corporation

Larry, guys, good, very good report and good luck with it. My questions are focused on any sort of gauge of actual revenue events occurring. Is there anything you can comment on that that makes sense to share?

Larry Ryan

Sure, thanks, David. This past of commercialization is the process. We over the past several months have made a tremendous amount of positive steps in the direction of commercialization of this process. One of the things that one has to remember is that is not like selling a video [ph] I mean this is a process that needs to be developed and almost customize for particular applications because these are complex environment that you are working in. So, David, I am very confident in the direction we're going and the programs that I discussed. I think we continue to make absolutely the right progress and great progress in getting towards commercialization, there are a series of steps, I mean, for example, with OMV, I think that the next steps are that the (inaudible) success and that we have a go ahead into another application, we're going to go through full scale trials in that period and that will take some time but it will always be steps in the positive direction, I think that, that what you can expect from anyone of these opportunities. I do think that transmix opportunity has the potential to go faster because they are near the market and of course that's why they are in our tactical focus and why we're working with them. And so my commitment to you, David, and the rest of the shareholders, is that everyone here is focused on the same thing, which is getting revenue to the company as best as possible to show the commerciality is responsible.

David Firshein Cascade Capital Corporation

Do you think there is a chance for that by the end of the year or we are talking 2010?

Larry Ryan

David, its hard to say, what I can tell you, David, we're doing everything we can to take any delay from our side out of this issue, but I can't control is what potential customers is so I don't want to comment on that other than again our commitment to you is we are not letting ourselves to be any part of the delay.

 

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