Ann: Becoming a substantial holder, page-13

Names mentioned in your article:-

Piotr Glowacki
Process Development Engineer

BluGlass Ltd
Public Company; 11-50 employees; Semiconductors industry
August 2007 – April 2011 (3 years 9 months)

Conor Martin
Equipment Development Manager

BluGlass Limited
January 2007 – December 2010 (4 years) Sydney, Australia


David Jordan
CEO

BluGlass Ltd
2006 – 2009 (3 years)

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Stef is still there 8 years,  David 8 years not many others I could find as "The Originals"....

When anything in the tech space has been going this long without "getting there", where ever that is...I'll leave it to the reader to decide if they missed their market, the opportunity window closed, were overtaken by events,.... But almost all of those who joined a start-up company with passion and ideas have left. Now its an interesting job for some.

Other vehement posters such as Ananochrist with his pizza oven, pizza and clean skin wine analogies have slinked away long ago. If you held shares then and still do now...??

Take a good, hard, solid look...go and visit and sit in the lobby until someone can explain your concerns or queries about what you don't understand...i.e. seek clarifications however you can if you intend to buy or hold.

I must say the release in your link looks quaint now.

"..demonstrating light emission at levels approaching that of commercial devices."  The R&D should be an order of magnitude better than commercial levels. BLG can stack 12 white coats around a reactor and grow one item in a month  if they want and get fantastic results compared to commercial activity. Not.."approaching".

BluGlass’s RPCVD process onto GaN that is equal to, and in many instances superior to, commercially available material of similar thickness. (Question: is that thickness relevant - should it have been "at half the thickness. Now the wordy qualification is looking tricky).

Commercial Manager Giles Bourne advises the Lakehead University research reactor work is on schedule and that other positive enquiries are emerging. (No comment on this one),

“These results confirm the company’s continuing confidence in delivering the technical performance and commercial scale feasibility of this exciting low cost technology.”  Sounds hollow 6 years later and no sales.

"BluGlass is commercialising a unique manufacturing technology..". Absolutely true. As far as I know and I stand to be corrected, the technology is still unique - they still have the only one, other than those "bits and pieces" donated to partners.

....and as the veil closes on this evolutionary "dry twig"....