Well seeing as no one could give me a decent answer as to what would happen when the factory opens in October with no customers (we had to wait 12 months for the first powder to be sold!!! - a repeat perhaps?), I thought I would raise it again.
Clearly we have a good product, clearly it could be a great seller and very profitable (when produced at scale, ie: > 10,000 units), but when the companies market cap is $180mil and no significant revenues can be seen until 2012 (first UK orders - no other countries look like being ready before this!), I am struggling to see the price stay above 10 cents if the markets correct themselves shortly.
traders love this stock at the moment, not sure investors do.
interesting article:
http://www.economist.com/opinion/displaystory.cfm?story_id=14167834
doesn't change my opinion though. Need something to happen before 2012 orders, or could be raising capital at 5 cents again.
overvalued
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