BLG 16.0% 2.9¢ bluglass limited

Ann: Joint Venture Update April 2011 , page-16

  1. 5,948 Posts.
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    "The last word is yours jumpstart."

    Apparently it wasn't, but it is now.

    Let me know in the morning how great the pizzas were.

    Anyway, not important to convince you of anything - hopefully some will look at BLG more critically and watch their investment. So many companies advancing elsewhere that to be stuck in non-communicative impossible to assess company is just such a waste of time.

    The key issue of the recent announcement is simple:

    SPTS will retrofit RPCVD using BLG technology. BLG will get revenue to the extent of license fees. There will be no BLG manufacture.

    ...and that gentlemen and ladies will be a pittance after years of holding these shares.

    Much will depend on whether BLG gets a fee per modified tool, or a % of each wafer (yet another gamble on wafer uptake).
 
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