Oiling Up..., page-41

Yes it could certainly run that way. Certainly Peter is the brains behind the tech. But then again Zeiss or Pentax could always have taken controlling interest and made it more worth while to Peter than it currently is. I do worry because if their tech was integral to big sales by Zeiss I would have thought controlling interest would be exactly what they would try for. Mind you they wouldn't get controlling interest for 5 cents a share either.

I think the value today is around 12 million and it might take double that. Still small change. Maybe they have lost confidence in things getting to market o maybe too they are waiting for the right moment to pounce. OIL have been on life support for a number of years so they may well have been biding their time.

By the way, whatever happened to Pentax? Last time I looked at OIL many years ago they were going to be the big one. I can't help thinking OIL would have been better off producing and actually selling their own units many years ago. I know they tried but had dismal staff in sales and marketing from what I know. They always seemed to have tech that those in the know were interested in though. It seems remarkable they could be in this position now. And, I do think the reputation of Gus as a driver when he picked up the bits as been good. He has given a lot of money and effort into it and he must be as frustrated as anyone. Ex Investment banker or something like that as far as I know?