HydroPhi Technologies Group Inc. (fka HPTG)

[dbbogey87]

Ok that's fair enough and I can buy that.

The company did announce they received an initial purchase order of $1M, which would be more than double their current market cap if it's TRUE. This was the big whale that got most of the investor interest in the first place, not as much the Poland deal or HTE.

Now if that revenue is never realized, they have no foreseeable need for dilution. Based on their two Form D's (one in April and one this month) it doesn't appear that happened.

So either there's a delay in installing (which we have no idea, company hasn't communicated) OR they just flat out lied.

I guess we'll know more when the quarterly is released. Until then, this could easily get crushed further I don't see what would stop that.