Ener-Core, Inc. (ENCR)

[blissedout]

I agree that the presentation has potentially conservative projections, but CEO also says that revenue is deferred 6-12 months until installation is complete. So a huge number of orders could hit in 2015/2016 but not recognized until 2016/2017. Once the picture gets a little clearer the stock will price itself for the future revenue "hockey stick".

In the meantime I am fine with "under-promise and over-deliver".