Very similar story here. The product is good enough, they have done well to get this far. 110, in US, JV structure, mass manufacture MOU.
Now just need to get it done with JV, unfortunately playing with the big big boys and sometimes they play a different game. Hope we get that final sign off, everything is waiting on this at FBR. The last 3 years and $50 mill or so of cash has got shareholders to this point.
good luck
FBR Price at posting:
3.7¢ Sentiment: Hold Disclosure: Held
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