Monday, October 20, 2014 3:19:48 PM
It is just beyond me how people can much credit to the technical reports posted by STWA, even though they are verified by third parties, because the baseline can easily be adjusted to fit the eventual outcome.
This company has spent $5.2mln in R&D between 2009-2013 versus a multiple on that on executive compensation, and has hardly a credible technical team to support groundbreaking research and product development. If AOT was truly that revolutionary with that little capital spent on actual R&D and has such a small team to support these efforts, why would all energy companies or energy service companies with much larger R&D budgets and professional teams be unable to come up with similar results.
First of all, we don't have any orders yet from TC. Nor is there any indication that KM will extend this lease agreement. Besides, if this product was that revolutionary, why wouldn't any large energy service company have purchased this company on the cheap in the past? Perhaps, because the product viability is not what the bulls hope it is.
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