Schedule 2 To Patent and Technology License Agreement dated December 3, 2012
EX-10.6 3 ex106.htm SCHEDULE 2 TO THE PATENT AND TECHNOLOGY LICENSE AGREEMENT BETWEEN THE COMPANY AND CHEAP TUBES, INC. ex106.htm
Schedule 2
To Patent and Technology License Agreement dated December 3, 2012
December 2012 -
| | · | finalize agreements |
| | · | incorporate newco |
| | · | begin looking at new locations for system |
| | · | begin looking at equipment for scale up |
| | · | identify/purchase small coater to scale to larger than 2” size |
| | · | purchase viscometer |
| | · | purchase laptop for newco and project so Mike can work at either location |
| | · | purchase raw materials for testing |
| | · | purchase scale |
| | · | purchase resistivity meter for checking electrical resistance |
| | · | purchase annealing furnace to study the effects of heat on conductivity and reduction of the product, this will provide valuable information on what our final curing process will be. |
Q1 2013
| | · | secure new space and begin move |
| | · | receive small coater and put into service |
| | · | receive any other purchased items |
| | · | begin larger test coatings |
| | · | upgrade computer for AFM and debug, Ben Price will be contracted for this work, AFM is a critical evaluation tool for our films. |
| | · | SEM/TEM imaging performed off site |
| | · | purchase raw materials for testing |
| | · | begin testing viscosity at different loadings which is key to formulating |
| | · | identify new deposition equipment, pumping system, and curing system |
| | · | identify humidity testing equipment and purchase |
| | · | identify if other equip is available at cost effective price which may ultimately reduce |
| | · | our cost to get to market, the Konarka auction end of February. |
| | · | If konaraka or others aren't viable, proceed with purchasing deposition, ink delivery, & curing systems. |
These are the expensive parts unique to our process. We may need more funding to achieve this in Q1.
Q1 main goals –
1- move system to new home
2- identify and purchase deposition, pump, & curing equipment. If new, this could cost over $40K for deposition and pumping equipment, curing equipment would be more.
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Q2 2013
| | · | install coater & facilitize |
| | · | install deposition, pumping, & curing equipment |
| | · | purchase raw materials for testing |
| | · | begin trial runs |
| | · | begin looking at binders and determine if needed |
| | · | purchase dispersion & mixing equipment |
| | · | SEM/TEM imaging performed off site |
Q3 2013
| | · | verify reproducibility of system from batch to batch |
| | · | begin engineering of process for specific applications, main targets are composites (including aerospace), biotech, & batteries. |
| | · | Humidity testing of production |
| | · | purchase raw materials for testing |
| | · | begin looking at pre-pegging the material for composites |
| | · | SEM/TEM imaging performed off site |
Q4 2013
| | · | soft target – begin limited production, could be hindered if financing not readily available |
| | · | continue debugging and process engineering as necessary |
| | · | begin tailoring material for battery use |
| | · | begin tailoring material for biotech use |
| | · | SEM/TEM imaging performed off site |
Q1 2014
Begin preproduction if not already there
hire equipment operator and train
purchase materials for production
begin test marketing if not already doing so
obtain proper insurances for operations
SEM/TEM imaging performed off site
Q2 2014
| | · | Begin limited production if not already producing |
| | · | purchase raw materials |
| | · | SEM/TEM imaging performed off site |
| · | sell, sell, sell |
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