Thats a bit rough vamman. Lets face it, almost all successful companies started with small orders from small outfits who were willing to take a punt on them. Large buyers like the US military are extremely risk adverse and it's a long haul to get a foot in the door when there are so many vested interests, established relationships and bureaucratic boxes to tick. Companies like this need to prove themselves in the junior league first and if they show that they have the goods there then they will be picked by the majors.
MST has struggled to commercialise many of its products and has suffered financially from having too many costly R&D projects on the go at once without any that were generating income. I believe management have recognised this and been focused on trying to get one or two of the products over the line in order to produce some revenue and just as importantly to establish creditability in the market. This contract is testimony to those efforts and should be celebrated for what it is rather than criticised for what it isnt.
Companies dont pick their customers, its the other way around. MST goes to trade shows to demonstrate their wares. If MST continues to get small sales like this then I believe they will be well on their way to realising the original vision. Its easy to sit back and scoff when its not your own blood sweat and tears on the line. Many of us have lost money (on paper) but I suggest that loss is nothing compared to those who dedicated a decade or more of their lives to this endeavour. Some of them havent given up even though you apparently have.
If the employees of MST are still willing to give it 100% and show clear signs such as this that there may be light at the end of the tunnel then surely us shareholders should show support rather than ridicule when they achieve something significant. There are times and legitimate reasons to criticise but I dont believe this is either.
Thats a bit rough vamman. Lets face it, almost all successful...
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