Yes, I think they have a chance. But the whole model, and
Yes, I think they have a chance. But the whole model, and the share price expectation are completely different.
The inability to process all waste plastic changed the game completely IMO. The costs of purchasing plastic and htf and the associated costs of transporting both drastically changes the potential revenue for any buyer. Those facts also shrink the pool of potential purchasers. I believe a potential purchaser must already have the infrastructure in place to sort the waste plastic. They will still need to acquire htf.
IMO, the above factors certainly contribute to the 2.5 mil dollar price tag per machine rather than the 8 to 10 million some had anticipated.
I do think that the processor will continue to evolve as tech does. But the stock won't be the once in a lifetime opportunity most anticipated a couple yrs ago.
IMO, a successful sale of processors, say 6 for 15 million might bring a SP of about 3 bucks. (NSS not included. Don't totally understand it and would rather not pin my hopes on the theory)
My thoughts on uplisting are also contrary to most longs. I don't see Heddle seating a board. Too big of an ego to let anyone tell him what to do. And that ego will be even bigger if he is able to close a deal. Most likely he will look to sell the company.
All of this is just my opinion of course. But my expectations are way lower than they were when I first invested. And even with them this much lower, it will take a lot to go right for even these expectations to come to fruition.
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