At the end of the day as a shareholder life is simple. The reason there is no demo of the product is largely due to the business being unable, year after year, to produce anything to an acceptable quality level that can be demonstrated. That no demonstration at all has ever been provided is what makes the whole thing suspicious, they could have demo'd prototypes to give indicative performance, yet they have not.
All in all, shareholders have a right to be very sceptical, the company is controlled by a very colourful individual that has had many companies he is involved with go bust. So the whole things starts to smell somewhat.
I own the stock but believe there is a 70% probability it will never see the light of day due to 'technical difficulties'. GLTAH but remember 100 x zero is still zero.
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