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Re: basssque post# 9296

Wednesday, 04/27/2016 9:58:00 AM

Wednesday, April 27, 2016 9:58:00 AM

Post# of 21159
Yes basssque, this is why I love this company so much and have been doing nothing but building up my long position for the past year. They're doing R&D on a new technology in the best way possible. They're taking their time doing things right in a sector that is largely ignored if not ridiculed (looking at you Elon). They look for the most efficient, most stable, most cost efficient methods. A number of startups are killed because they go to market too soon and the next guy comes out with a better solution.

Also, although they have lots of debt they have been keeping costs low by teaming with universities for use of their research facilities and students. They are investigating new paths that show promise. Remember this company started just building the solar concentrating/filtering coating, later discovering that this coating showed promise in the area of photoelectrochemical hydrogen production. Knowing when to pivot is a key element of a successful startup.

I have no problem with this taking a few more years to come to market because there's more time to build up my long holds on this beauty.
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