Veem (VEE) were once mentioned as a potential user of the A3D printing technology primarily because of the size and mass of the components to be printed and the speed at which it would be done. VEE recently put out an exceptional news release where they have won new customers and new orders for their marine stabilizers. Unfortunately we have never heard about Veem again through A3D but hopefully the relationship still exists - both of the companies being based in Perth perhaps helps keep the connection alive. The Veem recent release is a good read with VEE now well out of the embryonic stage where A3D seems to be now well and truly stuck, but hopefully the next quarterly will allow some optimism to flourish again even though it will probably bring a cap raising with it. Can’t believe what that Budge did to this company and the opportunity it represented. The lesson for investors is pretty simple – when the inventor of a product also wants to be the CEO of the business – avoid till proven.
redgum
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