Agreed Hesterm. Over the past few years, CFOAM has raised millions$$$ under the guise of increasing production and talking of "significant sales growth opportunities", neither of which have come to fruition.
There was hype of 25,000 - 80,000 cubic ft / yr production - how much p.a do we produce at this point??!
I realise they had technical issues with bad batches of product, but it appears the issue was resolved and sales have not - just a trickle of sales to Touchstone and minor sales elsewhere. Are we just a puppet of Touchstone?
CFOAM either can't close a deal/ effectively communicate its product to the market OR the product just isn't that special. CFOAM has me feeling like I've walked out of a Disallowed salesman's tent at the carnival.
Just my opinion, not to be taken as fact.
CFO Price at posting:
2.5¢ Sentiment: Hold Disclosure: Held