WHAT CAPABILITIES DOES TITAN HAVE?
Titan plans to license its recycling technology to third parties in exchange for up-front licensing fees and on-going production royalties. These fees and royalties are negotiable, as is the Territory which will be covered by any particular licensing agreement. Titan will also provide technical assistance in engineering, constructing and operating new plants (on reimbursable cost basis) and retain a certain amount of control with respect to changes or modifications from current plant design. Titan also has working relationships with engineering and construction management firms in the United States and other countries, which provides the ability to provide a turn-key plant. As developments warrant, Titan could also become involved as a joint venture partner in recycling plants and share in construction profits. It is expected that the duration of a license agreement will extend for the life of any plant or plants, but that an additional license fee and royalty will be charged for subse
