What an absurd rant. I was asked what it would tak
Post# of 43064
Posted On: 09/14/2014 6:51:27 PM
What an absurd rant. I was asked what it would take for ME to become a believer in the company again.
My answer probably makes sense to most investors - ones who have sold and ones who might possibly buy.
The AGM was OK. And then we find out that the wheels flew off and the money couldn't be found to fix the flagship that is supposed to demonstrate the technology.
Now the company is going that an engineering firm is willing to pick up where the company failed.
The chances are good that the engineering firm will decide that there is not a commercially viable product to work with. They will just be another entity that looked good, but then failed to live up to forward looking expectations.
If they are able to move the technology forward I fear that it will cost shareholders dearly.
The company had said as much in its filings.
My answer probably makes sense to most investors - ones who have sold and ones who might possibly buy.
The AGM was OK. And then we find out that the wheels flew off and the money couldn't be found to fix the flagship that is supposed to demonstrate the technology.
Now the company is going that an engineering firm is willing to pick up where the company failed.
The chances are good that the engineering firm will decide that there is not a commercially viable product to work with. They will just be another entity that looked good, but then failed to live up to forward looking expectations.
If they are able to move the technology forward I fear that it will cost shareholders dearly.
The company had said as much in its filings.
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