OT: Stock
1. I believe you did the right thing. Even assuming the IP they bought it's OK, from IP to manufacturing (especially for thin film solar cells, it's a long, long way. I know about the strugle all US and some foreign a-Si manufacturers have and still are having to put together a good fab. And, unlike this guy (who has no skill whatsoever in PV solar) those legit companies have each a bounch of scientists that produced their own IP's and manufacturing technologies. Unlike crystalline Si, where due to the volume (93% of the PV cell market), you can buy a turn key fab, while in case of a-Si, you kind of have to make everything from scratch, and this takes many, many years, and many skilfull people (if you want to avoid paying licenses to someone for every piece of equipment). Regardless, if not anything else, one thing is clear to me: based on the previous sad history of this now "XX" company, I wouldn't trust this guy.
Re: GDVI - I guess I was wrong. Last year they came up with the 10-Q on March 16. So, since no late filling form (NT 10-Q) was filled today, they may fill tomorrow, or in the next few days (they have 5 days to do it, and if they know they won't be able to make it, they have to fill the NT form).
Re: CKEI - the Mgmt., in order to save money, they don't pay themselves salaries, and get shares. To their merit, they never sold (nor intended to) any shares, which is why the float is so low compared to the OS. If they can extend in several other states, I they most probably will, this company will have a very good chance to do very well, IMO. So, it depends on your investment strategy. If you are in for a fast in and out, this might not be the best company to be in. If you are looking (as I am) for a medium-, to long-term investment, IMO, you are in the right place.
Mike
Mike
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