I would not expect CFO would or could release vendor company financial results, that is not done
We got a post a few days ago with a link that said Touchstone has had $51.5 mill USD worth of DOD contracts from memory, check the post
We do know CFO has stated there are over $100 mill worth of contracts in the pipeline
We have seen tweets and facebook posts talking about 76 ships being fitted out at $1 mill a pop USD
But all that being said and a company that has production and orders and customers like NASA my main reason for buying is their aim to open this up to the world.
Which could be endless possibilities, according to CFOAM anyway.
Imagine them talking to car manufacturers saying if exhaust stacks are used in US navy ships surely it is ok on a Ford or if the material is used at NASA on rockets is it ok for car body or countless other applications
The US govt have spent $80 mill over 10 or more years developing this product and using it
Now we can buy a slice at a $50 mill market cap
Amazing
I am not interested in financials 3 years ago but next year and 2 years after that and that is impossible to predict and if CFO had a crack they would be ultra conservative which would be negative
I don't think many here realise the potential
CFO Price at posting:
54.0¢ Sentiment: Buy Disclosure: Held