Hope they not lie? and looks like they are moving forward eventually, even it slower then Mike expected, feels they are back on their feet now.
They were facing lots of tech problems before, so they couldn’t run public show as promised, only a edited video were showing. When u read through their annual report, u see details..., they are fixing and improving.
Hope this time they could go public show for the 11th home from beginning to end. Can’t think of another way for pre sale marketing.
If they still couldn’t show—that means they still in R&D, still got things to fix, who knows what’s the real biggest problem they faces.
So far with new performances share granted, Mark+Mike holding about 22% of the shares? Make it impossible to takeover, unless they going to sale.
If the technical problems all fixed, they will looking to produce more machine very soon, so they could turn the MOUs into contracts and dividends. Don’t know how they do it, another CR or partnership like CAT.
Otherwise, no matter what they didn’t say, it still risky.
FBR Price at posting:
5.9¢ Sentiment: Hold Disclosure: Held
