Yeah except we were supposed to hear in Q4 2015 about 6 million dollar funding ( heard nothing ) , then in Q1 2016 ( heard nothing ) then in May 2016 ( heard nothing ).
Now in June with the stock price at just about WORTHLESS, the story shifts to "we just do Batteries that's our new route" yet RWFZS touts national labs that do "fuel cell testing" , which is it?
Hmmm lets look at what would be possible at the end of June even if there were a positive outcome.
Possible yes on Funding - we may find out which lab actually will collaborate with NEAH and how much development dollars would be granted for development. Grant money is for that specific purpose not generating revenue yet, just government aid in completing development of a product. A product of which there are many other competing products also funded by the DOE. No victory dance yet..just the validation of an idea.
Possible no funding...death toll, however I am sure in accordance with NEAH protocol we would then hear of "FUNDING" in september.
This stock has survived not on accomplishments but on possible "FUTURE" wins "SOON" speculation for the last three years. The story constantly changes due to the inability to follow through by this company on any of its strategies/business plans.
The pisspoor pumps orchestrated are one to two day affairs with heavy volume, a small price pop accompanied by a large amount of selling which the results in a stock price lower after 3 to 4 days then the stock price before the earth shattering news.
The chart tells it all.
JMHO
Bill
