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Re: None

Monday, 04/10/2017 11:31:43 AM

Monday, April 10, 2017 11:31:43 AM

Post# of 5702
Demo will include 80kvA MG. I believe that power level requires using a generator that uses their patented technology. That is a significant step. It also means that they have been diluting to move their development forward Not a bad thing at all. Especially given my hope that having $$ is also what has held back submersible pump market. Now the concern is that the demo goes off without a hitch. If they get orders than major impact on stock value. If they don't, same thing, major impact on stock value.
I don't expect any news on submersible pumps until the demo is past and they have successfully got the MG business on its way. I suspect the insider investors who paid for the MG development last fall made focusing on the MG business solely for awhile a prerequisite for the funds.