Ann: FBR and Caterpillar discontinue MOU, page-77

Thoughts:

1. sp will fall, I have seen this day as soon as I left AGM but stIll a bit surprised.
2. Question in my head is why now? Why the rush, I think a lot incl myself has expected this to lapse at the end but not a cut off now.
3. Timing of that corporate presentation? Seek funding and pitch new OEM? I knew there was somethIng coming after the presentation but this is back to back, more?

This seems to me that they are clearing the block of exclusity in a rush for a replacement, let's wait and see what s to happen next.