low volume, page-26

Yes Kev it could. But then again it might not, and might happen to a competing tachnology. And until we know, there is a significant chance that (putting all the tech analysis to one side) the share price might dribble in the 30 - 37 range ...

Ultimately, CNX has to:
1. demonstrate the profitability of its technology;
2. obtain some MOU's;
3. either be taken over, raise substantial funds or issue to raise $ for the next stage;
4. lobby the state govt effectively.

All doable, and great progress is being made, but there is still a way before it realistically might be IMO potentially the subject of a takeover. Pure Energy was very well marketed and used CS gas with which people are slightly more familiar and comfortable. Still, my money is on CNX.