Thursday, March 02, 2017 10:58:55 AM
I believe only documented revenue in hand will move the price because of their long history of misleading statements about revenue. But there is no denying they are getting close to having a product that can be marketed. The evidence of there actually being a market for their MG product is also piling up.
- The have the ex-Navistar executive willing to put his own money in the product development,
- another company believing in mobile generation and getting capital to develop it themselves,
- and now a large successful company whose primary customer base is the target market believing it could allow them to increase revenues. If they decide its a viable technology and provide engineering to support it their will be sales.
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