Home | Contact Us
MAIN MENU MAIN
Strategic Direction

Welcome

Position & Potential

Objectives

Features

Investment

Strategic Direction

Applications

Download Area

DevourX intends to implement two types of agreements which have been designed to generate maximum revenue for the Company. Joint Venture (JV) agreements will be established with industry leaders who will be responsible for marketing and distribution in their own defined industry. Other agreements will be established on an individual user basis where a contract will be entered in which each company pays a per tonne processing fee.

The template for JV agreements has already been established by DevourX and its partners in mining, food processing and quarry processing. The template includes the following features:

  • A new company is formed the facilitate JV. (For illustration purposes, the new company is referred to herein as "NewCo").
  • NewCo shareholding is split between DevourX and its industry partner. The majority shareholding is allocated to the industry partner.
  • DevourX is allocated at least one seat on the board of NewCo.
  • DevourX allocates a license to NewCo, which allocates exclusive rights to exploit DevourX Systems in a particular industry or region.
  • NewCo pays a processing fee to DevourX at a predetermined rate.
  • NewCo pays the equivalent cost of each machine it requires in advance.
  • All business in that industry is referred to NewCo.
  • NewCo is to establish a separate and dedicated sales and marketing division for the purpose of promoting DevourX.

Each of our joint venture partners have agreed to conduct on-site tests to establish the most efficient operational parameters of the machinery, including the configuration required to operate multiple machines simultaneously. On-site testing yields a number of benefits to DevourX and its partners, such as:

  • The acceleration of research and development.
  • The ability to conduct tests in numerous industries concurrently.
  • A substantial reduction in the amount of internal testing required, resulting in significant cost reductions and time savings to DevourX.
  • An accelerated inflow of knowledge and industry specific information.
  • All resulting developments are the intellectual property of DevourX.
  • Machine improvements from each industry are incorporated into new generation machinery which is then made available to all DevourX joint venture partners.

DevourX has inbuilt protection mechanisms for its technology. The on-board controlling mechanisms are tamper-proof and the machines can be monitored and controlled from remote locations by inbuilt satellite transmitter.

     Copyright © DevourX Pty Ltd. ACN 112 782 215