I have been into CFU for years and slowly accumulated a good holding. I'm as bullish as the next enthusiast; believe the company is generally well run; believe in the potential; and this raising wil help take them to the next stage etc. But the SP can't seem to get any real traction and I must ask where is the evidence that all the testing by electricity and gas utilities is going anywhere? Some of this stuff has been out there for quite a while now. Is anyone seriously considering BlueGen as a retail product? Is anyone actually developing a prodcut with an integrated CFU stack? Do any of the utilities testing BlueGen units have any misgivings? Some clarity around these questions would make me feel more comfortable about stumping up again.
CFU Price at posting:
18.6¢ Sentiment: LT Buy Disclosure: Held