A few years ago I was accused of being very negati
Post# of 13473
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Posted On: 10/27/2024 8:31:19 PM
A few years ago I was accused of being very negative on the Medi program - and I was. My thoughts were the Medi was very risky, a long shot and could drain limited finances away from the primary reason I originally invested in snpw - for the solar opportunity and the patents snpw had secured believing the could be monetized.
My concerns came true. The Medi failed and it consumed limited finances at what appears to be at the patent expenses. See below comments pertaining to limited capital resources in developing a business plan or the patents - both in 2020 and 2021highlighted in the annuals.
It’s not only that the Medi failed, it (I believe) came at the expense of other programs - such as patents. It sucked up capital that like I said, was a gamble long shot.
https://www.otcmarkets.com/filing/html?id=148...FB7mM3Th3h
https://www.otcmarkets.com/filing/html?id=157...FB7mM3Th3h
My opinions.
My concerns came true. The Medi failed and it consumed limited finances at what appears to be at the patent expenses. See below comments pertaining to limited capital resources in developing a business plan or the patents - both in 2020 and 2021highlighted in the annuals.
It’s not only that the Medi failed, it (I believe) came at the expense of other programs - such as patents. It sucked up capital that like I said, was a gamble long shot.
Quote:
On September 19, 2019, the United States Patent and Trademark Office published patent US 2019 288 139 A1 for the Frame-Less Encapsulated Photo-Voltaic (PV) Solar Power Panel Supporting Solar Cell Modules Encapsulated Within Optically-Transparent Epoxy-Resin Material Coating a Phenolic Resin Support Sheet issued to National Mechanical Group Corp. Originally designed for application in the solar bus shelters operated by Street Smart Outdoor Corp, as a glassless solar panel, the Company has developed a patent protected product and process for creating solar panels that can be integrated directly into the design of products as a molded, weather resistant plastic. The Company will begin work developing a business plan for expanding on either manufacturing or licensing of the technology in 2020, with such work continuing into 2021 given limit capital resources at this time .
https://www.otcmarkets.com/filing/html?id=148...FB7mM3Th3h
Quote:
On September 19, 2019, the United States Patent and Trademark Office published patent US 2019 288 139 A1 for the Frame-Less Encapsulated Photo-Voltaic (PV) Solar Power Panel Supporting Solar Cell Modules Encapsulated Within Optically-Transparent Epoxy-Resin Material Coating a Phenolic Resin Support Sheet issued to National Mechanical Group Corp. Originally designed for application in the solar bus shelters operated by Street Smart Outdoor Corp, as a glassless solar panel, the Company has developed a patent protected product and process for creating solar panels that can be integrated directly into the design of products as a molded, weather resistant plastic. The Company began work developing a business plan for expanding on either manufacturing or licensing of the technology in 2020, with such work continuing into 2022, given limit capital resources at this time .
https://www.otcmarkets.com/filing/html?id=157...FB7mM3Th3h
My opinions.
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