Thursday, April 16, 2015 3:18:43 PM
For example, rather than focus on getting a proof-of-concept application for their MRFC, they ought simply to prove the science, reliability, and cost. The applications can come later, whether it's a scooter, off-grid power storage, or anything else.
In addition to getting screwed by a OTC fraud (JBII/PTOI), I have also invested in companies with amazing technology and IP only to see them screw up the market timing (CERP) and bad debt.
The are no guarantees in this kind of investment -- even once the science and commercial viability are validated. And in the case of Mantra, we don't even have those yet.
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