From my reading of the last 3 years announcements they have come up with a lot of different designs for different industries, including small trial orders but haven't mass produced anything -hence the continuing losses and negative cash flow. This despite Jay 'projecting' millions in sales and profitability from previous agreements. The next 6-12 months will be the test as to whether they can grow this business sustainably without relying on continual dilution. What is a big tick is that Stephen is taking a low salary and is getting rewarded based on share price performance. Plus he has been buying stock on market too.
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Ann: Steven Apedaile Appointed Exec Chairman to Drive Growth, page-16
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