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16:02
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Originally posted by Teddyward:
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In CCE fantasy land they seem to believe they will be able to mount one of their PTO units ( that they haven't built or tested in water yet ) on each corner of a barge amongst deepwater fish farms. They seem to believe ( although shareholders have seen nothing in regards to current industry energy use and it's cost of diesel / solar) that it would be ecconomical?? Unless the PTO have massive overcapacity and wave action never goes below a min threshold they will still need batteries ( hmmm great with salt air and water) and for safety genset ( yes scaled down). If they are using electric day tender boats they will also need charging.
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I hear ya Teddy. I have long held CCE and began with a noble cause and belief in the company. All that went out the window with MO and his "management", Now I'm just hoping and praying that I can get a return and get out. I don't care too much for the science anymore but rather want to see if they can produce a product flog it off and make some money. Actually don't care about making money as much as creating hype in the stock price. CETO back in the water seems a pipedream at the moment, so I'm hoping MoorPower or the wave predictor or the tensioner will generate the income to boost share price.
(20min delay)
