Agree its painful but as the last preso said deal/s should start happening this quarter (Q2) - i've done a fair bit of research on this co as well and there is nothing i can find that shows that it is inferior to anything else out there, infact upside seems huge and applications are broad. Just one small deal worth a few $m will probably double the share price and validate the commercial direction the company is taking, not to mention that the first deal is always the hardest to do, the other ones that follow are always easier and come much quicker. One last thing just think if this technology gets applied to the shipping industry to reduce water friction on ships hulls? Any percentage increase in fuel efficiency in shipping will result in potential billions of $ in savings. Think big and wait till Q3 in case you bail out to early, yeh i know hard to do in this crappy market but look, downside is very limited from here.
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Agree its painful but as the last preso said deal/s should start...
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