@dbd25 definitely value your posting and thoughts. FYI some of...

@dbd25 definitely value your posting and thoughts. FYI some of WBT's initial claims around its performance proved wildly optimistic but helped bring interest early on.
Not sure why BLG is being discussed but I am one of the punters who is helping fund this great Aussie invention through development to commercialisation.
From the 2022 Annual Report, President Jim Hadden's address outlines BLG's purchase of its laser diode manufacturing facility which cost circa $US4mill.
"Therefore, we jumped at a once-in-a-lifetime opportunity toacquire a full-suite commercial laser diode fab for a fractionof the circa US$40 million it would cost us to build today. Theacquisition of our Silicon Valley facility is game-changing for thebusiness. Acquiring a captive fab and expert manufacturingteam aligns and accelerates our longer-term growth plans tobring core fabrication processes in-house, increasing our speedof development and production, while halving forecasted waferproduction costs. Gaining operational control has additionalbenefits, including improving the quality and consistency ofour laser diodes and allowing BluGlass to launch higher-valueproducts sooner"
In December the final Contract Manufacturer was brought in house so BLG can now iterate faster and control its destiny.
By the way BLG was the only Australian company included in any of the 7 Hubs formed under the Chips Act to take Semiconductor Technology from lab to fab. The CLAWS hub received the second highest funding in the 1st yr of 5 yrs. That Hub has only 7 companies in it, the least of all of them, and is backed by the DOD probably why it's all very hush hush.
Bluglass has struggled to commercialise this tech but the employment of Jim Hadden has proved a master-stroke and the recent CR with free attaching options plus piggyback option reminds me a lot of WBT's 28c raise at the lows. [email protected] listed 10th April, today's close 3.8c, options .008c so participants are well in the money. Today was first close above 3.7c raise price. That took 4 weeks with WBT which then went on to 90c or 3x just 2 weeks after breaking 28c. Many WBT holders didn't understand the value of those options but those that did had a life changing experience. Many WBT holders are also backing BLG and quite a few of them like myself were WBT holders from the beginning
While BLG may not have anywhere near WBT's earning potential it certainly has the US Government interested.
For full disclosure first investment in BLG Jan 2023 and as per WBT have massively increased my position at what I consider the bottom to top20 status with all options exercised. I will not discuss or respond any further about BLG but felt there may be a bit of misunderstanding about it and the great opportunity I think it represents. Please DYOR.