Thanks for the tech research. I am not a tech man but I am quite impressed by the process the company trying to introduce the tech to a new market. From a project manager point of view, they have been doing very well in some fronts.
1. Engage in all parts of the supply chain. Manufacture, testing,demo,market education,distribution.
2. Globalization but Localization.Partnership with local big companies.You will find some big names in all the engagements.
3. Government relationship. You can't live without it in any emerging markets. Getting government approval is just first solid step, many works to do in the following market introduction and re engineering .
4. Clear targets and milestones with projected time line
The question is why the SP is keeping under pressure?
Recent large scale placement. Company didn't communicate enough with the big boys in the market. what's it? Investor relationship management. However, capital hungry is a common character through every stage in small company development.
To Sum up, good company and product.Market will prove it.
EDE Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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