YAY! *Cheer* !! Good news Congrats!

We are developing a low cost, energy efficient water desalination technology for developing communities. More specifically, we are looking at communities affected by brackish water.

There are many communities around the world affected by poor water quality that have no means, at least in the forseeable future, of getting access to clean municipal water. Moreover, most can not afford the capital and maintenance costs associated with RO systems.

These communities aren't just rural; this issue is very prevalent though many cities world-wide. Initially we are focusing on the rising middle class of the hardest hit countries then expanding from there.

Our system is designed to be a low-cost competitor to RO systems. I came up with this concept a few years ago while I was traveling in South East Asia and experience these issues first hand. We are looking to launch our product overseas about this time next year; the office over there is being put into the works this Christmas.

I'm being tight lipped about it for now but I'll start to fill you guys in once we have patents and stuff all sorted. You can follow along on our blog while our website is being built. I don't mind having private email conversations if anyone has any interest or questions.

No, that's the back up plan or retirement... we'll have to see how business #1 goes. My rule of thumb is to at least start legal first...:razz:

Sounds really keen. I hope you guys make a difference. Good luck!

The question is, when he makes it big will he remember all us little people?:lol:

Congrats, and hope all goes well for you.

As one biz owner (INC.) to another, make sure you find a very good accountant or bookkeeper. Many/most don't have a clue about incorporation and the benefits it can carry in regards to $$$$$$. A good accountant/bookkeeper can save you lots.

Have fun, being self employed can have its stresses, but alot of benefits as well.

Man, if we make it big I'll buy frags for everyone! :razz:

Tell me about! We are going to be running under some government tax programs for research and need to have IMMACULATE bookkeeping. If they audit us and we've got shoddy bookkeeping we'd get the proverbial "something bad in some place terrible":sad:

We've ended up with a pretty standard share structure with a few little twists. We're prayin' to god that we've done it right (got three MBAs working on this part so I trust them... I think:razz:).

High Five ;)

http://www.youtube.com/watch?v=H6Y6L...eature=related

Cheers,
Vic