The company has just been listed but has been operating for some time and had years of testing and financial support from the US government.
What is needed is a proper update on progress, aims and what sort of commercialization, I mean examples of what applications this could replace, it is ok saying it is a disruptive product but need examples of everyday uses for this product,
This is not a concept as most new floats are, this is in production and has forward sales.
I just spoke to CFOAM and there will be an update along those lines I just mentioned, the sales to the defense force is a drop in the ocean compared to what this product could be used for, was told the applications or end uses are endless. but we need to see examples, or just some of them,
Imagine car exhaust systems that perform better, engine blocks, car bodies for impact absorption, fire retardant insulation, doors, I mean the properties this product possesses could make this a very widely used materiel,
As we suspected CFOAM are excited about Donny winning the election, as it will increase defense spending and add to CFOAM sales,
I am looking forward to this update this month, the presentation released last month was just the same as one I seen in June, so that is why the market was not overly impressed, but they understand what we need to know.
This product has huge upside potential but the market has not had it explained as yet in full but it will,
The application will grow over the years, so will production so it is only 2 am in the morning for this stock, a long way to go,
Expand