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Saturday, September 13, 2014 2:36:52 PM
Where is the "gotcha" that I've overlooked? This stock seems too good to be true. In 2-3 years when they start selling 100's of these at $800K and $2M each revenue is going to go through the roof. And they plan to eventually roll-out even larger units which I can only assume will sell for even higher prices.
Only things I can think of is they take this up to Northern Alberta in the winter and have some technical difficulties in the freezing cold conditions. Or they have too many orders eventually and can't build them fast enough?
Brilliant to couple this technology with huge companies with established sales force and they can just ride piggyback with them to get orders. Demand sounds very high with companies/industries ENCR had not even targeted calling the company to ask what they can do for them!
So what risks have I overlooked?
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