Clearsign Combustion Corp. (NASDAQ:CLIR) Q1 2019 Earnings Conference Call Transcript

May 08, 2019 • 04:30 pm ET

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Clearsign Combustion Corp. (NASDAQ:CLIR) Q1 2019 Earnings Conference Call Transcript

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Q & A
Operator
Operator

(Operator Instructions) Our first question comes from John Reynolds, Retail. One moment.

Analyst
John Reynolds

-- for the update guys. What is the roadmap of the company? Or how are you going to tell the investment community where you're going? We've been patient. Small microcap companies like this need communication and effective communication with the investment community (inaudible) hardship. I'm getting a lot of feedback here. They are very (technical difficulty) we haven't heard anything since the last quarterly call. And I really appreciate this update you just gave. And what does this do to compress the sales cycle and ultimately drive revenues for the company?

Executive
Colin James Deller

Okay. There were several parts to that. Certainly, I appreciate your comment about communications. We've mentioned several things today which are going to be key milestones for ClearSign as we conclude them. We will be keeping up with press releases and it is absolutely my intention to keep our investor community informed.

I think the bigger question we can -- to elaborate on the course -- we're absolutely trying to compress the schedule to commercialization. The developments we've made here have been quite substantial in the technology. We are actively in conversations with our supply partners. These supply partners have a large range of test facilities, a very large and very experienced and capable staff and will be -- or we anticipate be very rapidly able to work with our team who know the Duplex technology to create an entire product range and to market that as they also have a wide network of sales channels and relationships with the customers and the heater manufacturers and in the case of the boilers, the boiler engineering companies who can connect the new technology to the ultra-low NOx needs of the marketplace.

So I really believe that we are on the fastest track to getting this product commercialized and to getting mainstream sales. As we said, the difference is we're not going to do this as a small team. We're going to do this by partnering with a large team, bringing the critical parts that we have, but also recognizing and leveraging that the supply partners that we're looking to work with have some extensive and very necessary resources of their own and that we will do this together and not alone as just ClearSign.

Analyst
John Reynolds

So are you saying that you're going to do this through a value-added reseller channel. Is that the strategy?

Executive
Colin James Deller

No. We will be doing this in collaboration with a partner. And that collaboration will include the development of a product range within their facilities. But I really need to be clear here. We -- every agreement like this is the result of a negotiation. And obviously what is the outcome is also partly due to the input of the other party that we're working with. So I can't say with certainty exactly what all the details of this agreement will be. My intention is that we will truly find a win-win scenario because we need