As if things weren't bad enough over many years, that 10-Q reads like a nightmare. If we didn't think we were screwed before, it just gets worse and worse. There is no one with any sort of a financial background that would even remotely think that this could come back from the dead.
Sorry to be so sour, but those financials are nothing but bad, bad, bad. The profits would have to be so rich to make this work that, if it was hard to believe before, it's even more so now.
Do the math. If George doesn't reign his percentage ownership of shares to bolster the chances of stock holders at large to profit, we're screwed in my opinion. It appears it's gone form worse to worst.
Just my opinion, but I've never felt this low about it. Even if production got going, the profits would have to be astronomical to bring even a meager stock price.
Again, sorry, and I ask for other opinions with some numbers, not just gut opinions to make me think otherwise, but I have a sinking feeling in my gut.
I understand all of the beliefs that George won't give up and it's a great technology and so on, but what would it take for you and I to prosper ? Again, give me some math because I just don't see it.