Quarterly report pursuant to Section 13 or 15(d)

Subsequent Events

Subsequent Events
6 Months Ended
Jun. 30, 2021
Subsequent Events  
Note 7. Subsequent Events

Note 7 – Subsequent Events


Mediation Settlement


On July 13, 2021 a mediation settlement was reached (see Note 4).


Cooperative Research and Development Agreement


On July 14, 2021 the Company executed a CRADA with the Battelle Memorial Institute, Pacific Northwest Division, the operating contractor of the PNNL, in collaboration with the DOE. The project is anticipated to commence in the third quarter of 2021. The total project value is approximately $663,000, with three-quarters of this amount funded by DOE for the scope performed by PNNL.