Wednesday, June 29, 2016 2:50:39 PM
I tend to question why you're holding 2M plus shares if you don't believe in them anymore. I have three reasons why I disagree with your assessment that they'll basically wither away into nothing without ever accomplishing anything:
1. Since 2012 when they started working on producing clean renewable hydrogen they've increased voltage from 0.25v to 1.55v which very few if any have been able to do using any type of water.
2. They have sponsored research agreements with two extremely credible universities. They wouldn't add universities or continue being able to renew these agreements if the universities didn't believe they were moving in the right direction.
3. They just added a full time employee. They wouldn't do that if they were strapped for cash and worried that they would be out of business soon. Likewise, why would someone take a position if they believed this was a failure? My thoughts are she had a lot more info than us when she took the position and that's why she accepted.
I'm not one of the people here to pump the stock. I've been holding for 3 years now and will continue to do so and hope for the best. I honestly believe they have made quite a bit of progress in 4 years. Consider that new prescription drugs take an average of 12 years from lab to market.
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