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FBR General Discussion, page-1713

  1. 1,198 Posts.
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    I agree with you on a lot of things, not all. I appreciate all your posts. What I will say is that I hope FBR start to think business/profit first. I believe general consensus is that a deal that puts machines in use now is better than waiting for a machine (110) that has not even been finished in design.

    What we know is that it works (109), that locally they have more work than they can handle. We know this mopdel is not ideal but it works. We also know we don't yet have a partner to fund the machines and reap the rewards.

    We know a lot of effort and time has been put into 109+. If the machines are needed which I believe they are based on the local and international interest we should stop waiting for perfection and set those 109+ to work with limited capacity as the first production model. There is a chance that this is the plan and that would make a lot of holders very happy however we are left to speculate.

    Calling a virtual AGM this year with no Covid in the state and blaming it on Covid like last year was a very weak move, they do not care for the questions, input etc of us investors. We are a burden to them. They should care because they can answer questions and set us straight in future business focus. As a holder, I am becoming more aware of this and accepting it seeing the bigger picture knowing timelines will be blown out again and maybe again and again (feel free to date this post and refer to it later).

    If we have a lot of markets ready we shouldn't wait. Let the company become self-sufficient in one or two of those markets next year and even better start to make a profit which can be spent on further R&D and fasten things up on all angles for the larger picture with the funding becoming available for much larger resource's.

    If they get 10-20 109+ working we may just find they can afford further people to work on development. This is why I want them to start to make money. We all know what WA stands for (Bdawg as crazy as he is may have a few points that are very valid).

    The question that remains for me is are we correct or completely wrong in thinking we have another year or two perfecting the perfect machine before spending another year or two commercializing. The truth is I don't know.

    This tech is completely disruptive, they will succeed at one point in time or another but why are we waiting. Why can't we meet with them this year in an open forum where questions won't be selected individually to suit the narrative. Let's not wait for the perfect contract, that is b^&&s&*t, and let's get to work like any other self-performing company with 109+ as the first production model even if limited to 10-50 machines.

    FBR definitely a love and hate for me. I will hold it out knowing it will be very lucrative one day, I am just frustrated at my belief of how this company prioritises the chance for a self-sustaining position and opportunity to grow rapidly over the opportunity of perfection and overnight success.
 
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