Ann: Appendix 4C - quarterly, page-39

This as mostly a neutral / disappointing ANN. Much of it saying what we already know.

Wished I had pulled the plug after Dayton and Byford builds with some profit.

But the way some here grab whatever they get their hands on to throw at the company without reading this ANN in detail yet quoting from another ANN is just plain idiotic.

Their bonus performance shares is spilt milk. We voted. They got their way. Get over it.

The bad:
- No update on completion of HX109+ testing.
- Funds are running out in 1.9 quarters. If they do not get someone to subscribe into Waas by then, yes CR.
- The hope is they get local subscribers in Waas builds (Dale Alcock per Daveycrokett).

The good:
- WB bricks to be used in the upcoming commercial builds.
- The builds are definitely coming, plans were received and being programmed.




If these had come out in mid 2019 or even 2020, SP would have rocketed.

Now FBR is just a bitch stock people love to hate until the tide turns.