Ann: CEO Letter to Shareholders, page-111

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Hayashi27

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05/12/18

15:18

Post #: 36759985
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Originally posted by Alex1987 ↑

Originally posted by Hayashi27
Generally happy with CEO's letter

Public demo now confirmed in early 2019

Waas as roughly what was imagined yesterday – on demand, anyone who wants a build just order it

Waas addresses certain issues we discussed before

Economy of scale - not everyone can afford a Hadrian

Now FBR can still reach biz who cant afford Hadrian

Depreciation, on going cost and training

Waas ensure FBR make more money revenue streams than taking a cut off machine sales – as we discussed

Words suggests FBR initiated or at least happy to let CAT go in grand scheme of things. "As a result, FBR is now free to discuss…."

Reiterated Hadrian capable of working outside. Only thing left is fine tuning before public demo. Those who still insist theres something technically wrong with Hadrian i.e. Mike is lying, your choice.

But does seem like they will manufacture Hadrians themselves. At least till they find suitable manufacturing partner.
"Proven ability to construct … etc …. Global supply chain established (?)…".

Yes. We need funding for the manufacture. Next ANN maybe who is the new investor rather than who is going to manufacture.

Bloodbath isn’t as bad as expected, at least for now. None of the biggest holders budge (see pic). Seems like selling largely done by small time speculators.

I take on same risk as any FBR holder. Do remember FBR still a small company at its infancy. For them to achieve whats been so far is no mean feat.

Easy to sit behind a keyboard to jeer and throw abuses.

View attachment 1383243
Great posting. Do you know, does the current price incorporate/reflect CAT's withdraw of 2% of company or will that happen later on?

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Hi Alex. I think the current market price fully reflects CAT's withdraw.

Whether there will be another psychological dip when the "cease to be substantial" is finally ANN, i do not know.
FBR Price at posting: 14.3¢ Sentiment: Hold Disclosure: Held
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