CFO 0.00% 0.2¢ cfoam limited

We have never had big partners before Consol involved in Cfoam's...

  1. 23 Posts.
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    We have never had big partners before Consol involved in Cfoam's development. We disussed this before the bigger names you mentioned are our clients from different industries where Cfoam could be potentially used then those clients turned away from Cfoam mainly due to its high cost. But those clients don't help us to improve Cfoam. After Consol teamed up with Cfoam then we got more partners like DOE, Innovearo, Ohio University and MIT and more to coming I believe. They are here to help cutting cost and making mass production. Bring a disruptive technology to the market is never easy. It takes time and just start if you consider Covid interruption in the US. Consol and DOE contributed near $10M into this few $M Cap companies. Cfoam itself raised $8M recently and I don't think it had bigger funding than this in such a short time in its 5 years history.
 
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