Ann: FBR and Caterpillar discontinue MOU, page-72

I respectfully disagree BDawg.
It looks to me like we cant build outside for a long time due to unforeseen circumstances which is why build 1 outdoors hasn't happened and CAT gave up waiting. Not this crap about FBR not aligning with CAT over their ideas on walls, all the formalities of commercialisation would have been nutted out at the MOU. You don't go into an MOU unless the intention and some kind of plan for commercialisation is there. The reality is we have/had interest from Saudi for 100 machines, this came after the CAT deal. That's millions in revenue CAT would not have given up easily. IMO KSA will soon pull out because they need these houses built asap and cant afford for FBR to figure out the tech then do it alone, hence why Mike is there. Trying to convince them not to pull out.

This has set us back a couple of years.

FYI I sincerely hope i am wrong and I still hold, because the tech is awesome and eventually will pay off like a mofo.