I think it is very interesting to keep an eye on any company that is able to get funding. There are People on CWE constantly suggest CWE product is good or better as it is getting government funding and as we know others have received the same. Some have failed and others have moved swiftly to a point where they have enough support to get a device in the water.
In regards to numbers if these guys put out audited numbers what would that mean to CWE? Would CWE follow just to keep getting noticed?
I think any investor in this sector needs to have a very close look at the patents that each of the many company's holds to see what will stop any Johnny come lately from just manufacturing a device rather than paying lic premium. Also check what patents the companys need to use to put their product in production. What patents over what does CWE have that stops a copycat later on once the money has been spent and bugs sorted. We know some other countries have the ethics of alley cats and small Aussie co' s have a impossible mountain to climb in funding such court actions. .
Be interesting to see if these guys can accelerate there next stages.
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