You’re being generous in calling it great tech. It had solid...

You’re being generous in calling it great tech. It had solid potential, yes; but it’s now very clear that the company didn’t have it working at scale, nor for an acceptable duration. Technology that has that level of issues is not great tech - not until the problems are solved satisfactorily.

In hindsight, they should have called it demonstration technology, and worked with two or three clients to find and fix these issues. That would have been a somewhat harder sell to shareholders; but it would have significantly reduced the company liability for faulty units, and the capital raised would have gone further towards development instead of propping up the house of cards. They went to market far too early.

Too late now. The tech could end up with someone who has the capability to build a solid product; but it’s more likely to end up in the dustbin of history.