CFU ceramic fuel cells limited

Synquasi, " Interest increasing day by day... " No it isn't....

  1. 9,393 Posts.
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    Synquasi,

    " Interest increasing day by day... "

    No it isn't. They sold 35 units last quarter, and half of that time the freebies were available. Sales including the freebies are not rising. Interest is not increasing. You are just ramping the stock with information that has no basis in fact.

    When/if sales were to get to 50/month then 70 per month then 100 per month, I would agree with you about interest increasing, but factually it isn't increasing at all.

    At the rate of spend, they will possibly be out of money by the end of this quarter, then what? In the quarterly it clearly states operating cash outflow was $5.1m while receipts from customers were $1.9m, with only $3.768m in cash left.

    If interest was increasing, this would have been selling more units, that just isn't happening, andwith the SP down to .4c, some are continually bailing for anything they can get.
 
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