general chat/ thoughts, page-2796

Agreed, PWN1.0 was a complete disaster - more than $20m spent on the DTP and assorted hair-brained potash exploration projects from Lake Barlee to Lake Seabrook to the one up in the Kimberley. It was a schemozzle from start to finish. My average buy-in from that period was well above 10 cents share before I threw in the towel.

However as a number of posters have pointed out, we should draw a line in the sand in respect to these debacles and think of the acquisition of CPC as an IPO.

With this mind, I think PWN have delivered time and time again post CPC acquisition. These milestones have been covered a number of times in this thread so I won't reiterate them, but the last 4 years has seen major inroads for the commercialization of PWN's suite of wastewater technology offerings. These industries we are seeking to penetrate are very conservative and for a company of PWNs size to have achieved what we have, as an outsider with no track record and in such a relatively short period of time without the need for major dilutive CRs, I think is incredibly exciting.