banking discussions , page-19

Am I wrong in saying NepSys has been around for a while now(10+ years)? Obviously the marketing of the product is not sufficient as companies are not seeing the value in having higher quality, longer lasting welds.

Also, the technology of Nepsys has already been paid for in R&D expenses so why can't NMS undercut or at least match the competitors with a guarantee that the welds will last longer and therefore reduce the contracting company's costs in the future? Isn't it better to win contracts consistently, prove their technology is the best and then build from there instead of being continually outbid? Or perhaps the use of Nepsys involves increased labour and operating costs which need to be taken into account when tendering for the contracts. So the use of Nepsys will cost more to the contracting company and may negate some, or maybe all, of the benefits of getting a better and longer lasting weld.

Fingers crossed they get their finance for all the LT holders!