My take is that they still haven’t worked out how to make a commercial LD that is more effective than the incumbent. This all sounds so familiar to the Led and Solar fiasco. In fact it seems as though the language is similar to the language used prior to our ipo. Wasn’t the language used prior to the last CR very positive in so far as we already had a product, we already had lined up customers , all we had to do was start manufacturing and set up supply chains. Honestly what do these guys do with there time. They can start testing in a couple of months wtf. What have they done fo r the last 12. There is a lot of words I could use to describe the actions of management but I am not stupid enough to say it here. All they are doing is buying more time until the next CR of which they will struggle. I have written this investment off and any outcome that is positive will be a bonus.
BLG Price at posting:
6.9¢ Sentiment: None Disclosure: Held
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