This is reminiscent of a company I 1st saw in 2011. They had just picked up tech from the U.S. military for non toxic fire retardents. The armed forces were also wanting new FR uniforms. Seemed a no brainer, their products were touted as disruptive.
13 years later and the military are still testing, the products are obviously not what the company promoted or they would have been bought out for a pittance.
That was AJX and it's quite a sordid tale in its own way.
The same question arises here as to, if the tech is so great, and majors have been testing it with great results, then why not buy the lot for not very much in the scheme of things.
Yesterdays avoidance of answering any significant questions leaves a lot to be desired.
As requested by Alex, I emailed in my comments and asked as to why there was a box for questions to be answered by staff, but never were. His response, if any and I suspect no answer, will be interesting, to say the least.
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ADO Price at posting:
2.9¢ Sentiment: Hold Disclosure: Held
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