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Re: janice shell post# 51354

Saturday, 04/25/2015 9:31:43 PM

Saturday, April 25, 2015 9:31:43 PM

Post# of 53980
They did replace their CFO, but the prior CFO re-started the technology and was activist in a number of areas, as many long-termers here know.

I honestly don't know why enough machines weren't sold to keep the filings current, but my opinion was they were simply short-handed following the death of the prior CFO.

I don't know the answer to your second question. The biomass industry itself has suffered from financing issues for a number of years as it has attempted to grow worldwide, and most likely has affected KDS sales.

Over the last 6 months or so, I have noticed an apparent break in that issue, and projects seem to be moving forward with more frequency. I base this mostly on my reviews of several biomass magazines and other industry sources.

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