I totally agree with you. all financial report/sales/progress update needs to be in writing, in black and white. The use of video update does not capture the real nuance of the situation on the ground, misleading shareholder. It should continue to be used when they built a new cool part or talked about the technology. I thought they have already produced the parts and were ahead of schedule for NATO certification? Is this why an interim CEO is brought in to take the bullet at the upcoming AGM, waving his 'I am a Newbee' flag?![]()
However, to be fair, TTT has achieved a lot in the past 3 years and the process of bringing in a disruptive technology to mainstream process is NOT EASY. Tesla was a few days away from bankruptcy in 2008 and only became profitable this year after more than decades of persistence hard work. Once we get some of these certifications, perhaps all these companies that TTT had engaged over the years will find more urgency to pay up. Until then, TTT is a big research facility with cool toys
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