Rapid Dewatering System (RDS)

Blue Earth has an agreement with Genesis Fluid Solutions, Ltd (“GFS”) to receive a 6% royalty on all gross revenues derived from dewatering operations and the sale, lease, or licensing arrangements of the Rapid Dewatering System (“RDS”) and/or any of the dewatering boxes of its affiliates until Blue Earth receives $4 million and a royalty of 3% of gross revenues, thereafter not to exceed a cumulative royalty of $15 million.

The GFS patented RDS removes different types of debris, sediments, and contaminants from waterways and industrial sites, which assists in the recovery of lakes, canals, reservoirs, and harbors.  The RDS system separates water from solid materials that are dredged, a process known as dewatering.