CFO 0.00% 0.2¢ cfoam limited

Ann: Preliminary Final Report, page-14

  1. 668 Posts.
    CFO had so much promise but management have failed to deliver. Allegedly they have been courting aerospace and defence giants such as Boeing and Northrop Grumman but so far they have not secured a contract. Like others, it is difficult to accept the current state of affairs given we have been told that this is a validated and mature technology with significant disruptive capacity. Either the product is a dud or management have dropped the ball. CFO also intimated that their product had potential application with figures such as Elon Musk and the growing lithium Ion tech. industry. Unfortunately so far they have come home empty handed. There are some very big potential customers out there and if CFO can land a Telsa, Boeing, Space X or Northrop Grumman contract, the silly bots will be blown out of the picture.
 
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