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Tuesday, November 07, 2017 11:30:52 PM
1) the coal landscape has changed here in the US and it is more pro-coal than in the last 8
2) this technology was designed and engineered by SAIC
3) it has been independently tested and proven
4) they have partnered after 8 months of due diligence with the University of Wyoming
5) they have moved to Kiewit who from my research appear to know coal
6) they have received revenue for the first time since 2012.
7) they have eliminated all legacy law suits
8) they have eleminated all convertible notes other than their main investor
9) their technology is under review by the DOE
10) most other technologies have failed if not multi billion dollar coal companies but some how these two guys got this company through a difficult time that most others with a hell of a lot more money, assets and manpower couldn't
(The points above are all factual). Where subjective opinion comes in is me saying i am confident these guys will surprise a lot of people both at the government level as well at the big business level. Sometimes the quality of a management team is not how they manage a bankruptcy but how they avoid it but of course that will never be known as it was avoided.
To avoid the obvious response of good management makes money and increases SP let me remind all this is a coal technology in the US where all coal businness were desimated in the last 4 years.
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