re: wanchoi never had information Sorry to disappoint but have een away. Latest announcement is another distraction. Where is Portugal, where are the contracts coming from the EPA approval? Please focus on revenue, we all know the technology is good, the problem is whether these guys can commercialise it. The answer to this is simply in the top line of the financial statements, at the moment it is still largely blank.
Desalination is great technology too but few people other than rich Arabs can buy it because it is impractical and not commercial, at least until the world runs out of fresh water completely. Same with Viro, few want to buy it yet, regardless of how good it is.
The price might be 70c but that is because of us punters having a good time. Will only stay there long term if there is some sales revenue, and there is no indication that there are sufficient sales coming on board to justify a valuation of over $100 million.
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