Over the past 10 years, Revetec Holdings Limited (RHL) has invested over $3M with the assistance of a $1.1 million AusIndustry grant, equally matched by a sophisticated investor, funded research and assistance by University of Queensland (QLD) engineering faculty, engaged several graduates to assist design and build the first commercial prototype, a purpose built 2400cc, X4 Aviation designed engine, built in our old Queensland R&D facility.
Our Turkish R&D partner further developed our CCE technology building our first Diesel prototype engine, funded and supported by a European Grant with a Iranian university.
If all goes to plan, we are preparing to launch an IPO with an alternative international stock exchange during 2017.
Revetec does not currently have a Prospectus issued.
Share price is currently 1 cent each ($0.01). Large share parcels are available to sophisticated investors on application!
Tax incentives are available for eligible investors: The Australian government is currently offering a non-refundable carry forward tax offset equal to 20% of the value of their qualifying investments. This is capped at a maximum tax offset amount of $200,000.
This link is to the ATO investor deductions;
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