Ann: FBR and Caterpillar discontinue MOU, page-125

We need to remember that FBR have successfully built a struture indoors from a CAD design. This is now the direction of FBR, upload your design and mass builders will be able to evaluate cost and time savings inluencing their decision to use the FBR system for all future builds. This is a good strategy. 

FBR have also stated that they are now applying the DST tech to other applications and building a business case around a secondary application (yet to be defined, but most likely cranes) and so this indicates that the tech has additional applications based on its accuracy. I for one feel that once the DST tech has been displayed in the outdoor environment the fortunes of FBR will be turned around, but as we also know this is still yet to be proven. I think this is why they have indicated it will take few more months yet.

FBR appear to have made the decision that the MOU needs to be terminated now in order to make way negotiations with other parties. Maybe something binding will come tomorrow or in the next few weeks, but I'm not discounting what they have achieved so far, it just may take a little longer than expected for most holders. No doubt, without an announcement tomorrow some pain will be reflected in the share price, but provided the DST can deliver on outdoor builds this will still be huge, albeit pending dilution.

Once binding agreements are in place it will be a very short window. Some buying opportunities install no doubt, provided the outdoor applications hold up. Wait and see for me.