HPT

 

12.0 Financing Construction and On-going Maintenance - Franchised Operators:

12.5Royalties from Vehicle Production:

The Company expects to receive royalties on each Grid compliant vehicle produced and an ongoing royalty on each mile of Grid travel. At a point which cannot be determined at this time, the entire Grid System should be come self-funded with user and other fees. Notwithstanding that such fees will exceed HPR operational costs; the user cost per mile will be greatly less than current personal vehicle operational costs.