Just because one company didn't want to lend a billion$ for it and lock themselves into having to supply bricks at unknown prices and to fund HX at potentially unknown prices, with unknown fixed and other costs inside the JV, does not make it a commercial failure.
They were interested in paying $2 million. Approved by independent engineers, it has already built a multitude of residential and commercial properties. Including a house in 8 hours with 3 people.
It has video recorded evidence of being seen as a higher quality method by large scale builders. Houses have been built by a multitude of builders with statements of lots of interest in official announcements. Additionally there is announcements of interest for its use in other industries, this includes Samsung Heavy Industries visiting to see the machine.
FBR Price at posting:
0.7¢ Sentiment: Buy Disclosure: Held
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