Quote from: jols on September 12, 2018, 11:01:30 AM

Hello,

How do you think the competition will develop in this segment of the market following your ICO?

Would appreciate your insights.

Hello jols,

Thank you for your question. Environmental ICOs are on the rise and are contributing positively to the environment. We believe (and hope) that the Silent ICO will open the eyes of other companies to the opportunity of carbon-neutral Methanol production and inspire competition. There is currently plenty of room for many companies to profit and grow in this space.

Increased output will lead to increased adoption of Methanol as a fuel, which in turn will increase the opportunity for everyone. Furthermore, an increase in carbon neutral Methanol will put more pressure on governments to implement taxes and restrictions on traditional methanol suppliers in order for them to switch to carbon neutral production. They will be looking for technology and production partners such as us.

As a side note, we believe that competition is more likely to be triggered as a result of the increase in Carbon emission regulations than as a result of our ICO. In either situation, we will be one step ahead with a distinct first mover advantage.