This is my reply to him on yahoo till he mysteriously left just to go repopulate other boards...
It is normal for a start-up to offer their employees a large sum of shares, instead of paying them wages.
Although I agree R&D is on the low side, it is very clear their main concern for this year is building a strong team and getting themselves organized.
Your statement that they have no product is false. If you go to their webpage, you will see they have 3 different 3D printers available, various bio degradable filaments, and accessories. They have also released a curriculum called Tinkerine U.
Although 3D printing has existed since the 1980's, the consumer market is just now realizing a need for it. Based on the information available it seems Tinkerine market is the education sector and prosumers.
As for the Market Cap I think its more speculative then anything, because investors are looking past their nose.
I am actually surprised that Tinkerine has a positive Net Income, most start-ups are negative in such an early stage.
Companies history suggests it was a student (CEO) attending a BC university. He was Tinkerine with 3d printers (I assume reverse engineering to improve) and soon afterwards the Litto was born followed by its other 2 predecessors. The original intent was a student wanting to experiment but in the end saw something in his creation. Hence the low cost to build the 3D printer.
The Google image is the wrong address.
As the small and short sighted sells, Fidelity Clearing Canada ULC
is buying at a bargain. Of course I could be wrong and Fidelity Clearing Canada ULC could also be a scam, perhaps homebrew can copy and paste some things about them as well.
Long story short Homebrew knows nothing about investing, his only skill I've observed so far is his ability to copy and paste, and skirt rebuttals.
