I cannot see a favourable risk vs reward scenario with this...

I cannot see a favourable risk vs reward scenario with this stock. They need to make 10 mil + npat to justify the market cap. They reckon they are prepared for wimax because they have the license on the spectrum on which wimax will operate. But they don't have the full spectrum and the wimax standard is not finalised. Their current modem is a brick and needs external power source. Not very mobile is it?

High risk, low upside imho. Perfect for hc daytraders.