Why 23 cents?, page-31

Another way to look at it is the price has been too high and the market wasn't interested in energy storage for a long time. It was always a long play to develop an entirely new technology and bring it to market when macro conditions were at a tipping point. Not selling during those times and making sales on a much larger scale in the future energy market are entirely different propositions. You can either see that or you can judge the company by the old numbers.