Further the obvious gulf in CFCL current market position and that of SERES is considerble, even Nomura Code Securities Limited (NCS) last resume, which cynics might rightly say is not unbiased due to the connection of NCS to CFCL, but they felt SERES would need financial assistance in 2010 among other years, truth is three weeks later they issued 19,000,000 new shares to raise 31,000,000. Bar British gas continued financial help and 1600 units for Ireland over four years they have hardly cornering the market. As for units on long term field test etc etc...... re orders, as they have said before without CE approval they carnt sell you one, so why would even an already sign up partners fill a warehouse with Gennex units or Bluegens, once they have the approval things will move at a pace, but even then the four main partners currently signed up have to integrate the Gennex unit into their own mchp unit, again this will need testing as you will only get one chance at releasing this new technology to the market, if ever the term crash and burn was appropriate. Testing complete this as a unit will require CE approval before introduction into the market, hence CFCL prediction of profitability in 2011.
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