Your responses are actually a joke. You play the victim consistently while dishing out the most amount of personal sentiment dribble because the current share price has halved your original investment. For someone that apparently doesn't hold anymore, you are the most active poster on FBR. Bitter much?
Your response also leads me to the assumption that this is the first speculative stock you've ever invested in. Companies at this end of the market continuously push out dates, shift their goals and generally disappoint on holders expectations. That's why they are speculative...
Why would FBR amend the MOU right now when they only have 2 machines, neither of which have actually built a house for commercial profit that someone is living in. How is FBR going to give an accurate estimate on 50,000 homes with this in mind? Your 'now, now, now' philosophy is actually such a drain on this forum and consistently showcases your immaturity in investing.
How can you expect them to have a pilot program arranged in Saudi Arabia when they haven't even commenced their first ever pilot project in Australia?
Sure, KSA and FBR may have initially agreed to the original terms when CAT was on board as CAT was probably the only OEM with the ability to manufacture enough machines to facilitate 50,000 homes by 2022. FBR's strategy has now changed, KSA have openly admitted that their expectations were overly ambitious and have now shifted their goal to 2030. A date that FBR can definitely achieve once their plans for commercialization have been implemented and they have an assembly line for the HX's up and running. So again, what is the fuss?
Oh wait I know, it's because you're impatient and want a $5 Share Price in the space of a year. Dilution won't occur if the MOU is cancelled... The market will probably lose a bit more confidence causing the Share Price to fall further. However, if you believe in the end product, it simply provides an opportunity to buy more shares at a cheaper price. Again, what is the problem unless you're a short term holder?
You are the person that speaks the most amount of nonsense on here. Your routing complaints were proven to be all for nothing as the new blocks allow for the other trades to channel them instead...
Again, your patronizing remarks about intelligent responses are actually laughable when considering the caliber of your arguments.
FBR Price at posting:
7.6¢ Sentiment: None Disclosure: Held
(20min delay)