Monday, January 30, 2017 7:45:05 PM
The report/company did not clearly state that.
The report actually stated ..
"Upon completion of the mass production run, the company expects full approval and industry testing to be completed within a 4 to 6 weeks timeframe."
Interestingly, the report stated in the paragraph directly above that quote ..
"..the company is expecting the new card to be out of mass production over the next six weeks."
Every person I spoke with who read that report interpreted the words as meaning the company is waiting 6 weeks for mass production, then another 6 weeks for approval in testing. Words from the report!
It would seem to me that 6 weeks plus 6 weeks equals 12 weeks. Again, the company is not clearly stating anything, but merely putting out material that may be interpreted one way or another depending on one's attitude. Historically the company has accused readers of misinterpreting information when timelines have not been met, or when release of a product to market actually meant testing the market with a limited release.
We all seek your clarification. Is it 6 weeks or 12 weeks? Or even something else?
While we are it seeking clarification.... does the company know of any other likely impediments to the mass production run? Is there likely to be another small component part that might need to be found and exchanged at the last minute, thus preventing or delaying actual positive news? Are we likely to hear of another problem in 6 weeks?
I ask the question because I have been preparing for my 17th birthday of late. Yep, next month I will celebrate my 17th anniversary of investing with this company (including various iterations of its predecessors). As you would know, there have been many times that we have been on the edge of success and then told that there was a widget or inappropriate bezel that got in the way.
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