Hi Pintahoo nice to hear a new voice. The points you make are imo extremely relevant and indeed worrying and I believe reflected in the SP.
Many of us have been asking ourselves those very questions for years and there are many theories on why successful commercialisation has taken so long. If you sift through the posts and read the reasons given by the company you will be as well informed as the rest of us.
Suffice it to say there are reasons why a product of this nature has taken so long to establish itself. You only have to look at the nature of the clientele, the cost involved and the soft option to do nothing thus save money to come up with some substantive reasons for the time taken Project lead time is another.
As I said in my recent post legislation in USA and Europe is one reason why things might change. Another reason is that PHK has only been in NTH America for a relatively short period of time and this market appears to be expanding reasonable quickly.Lastly the current pipeline of prospects is stronger than it has ever been.
Yes China is relevant because of its size simply because potential projects are relatively huge.
You might have gathered that I am a believer and have followed the coy for years and live in hope!! However I am well aware that this is a speculative stock which needs sales
$850bn to clean up china's filthy water supply, page-7
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