Look my blog back in January 2015 and before, I had written about PSY MEMS discovery is a mere conceptual thing that can be displayed on a piece of paper and it would take a long time before it could be transformed into a reality.
I am sure that many would be many engineers and good brains physicist on this form that would be able to understand what today's PSY announcement mean. ERJ market capitalisation is far less than PSY. More so, things are still in a research phase and not in a product development phase.
In my view, PSY management has little idea as to which direction they want to go. I very much doubt whether they have any real product at this stage to show to their investors. All concepts without a real product.
Keep watching.....
Lack substance
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