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Re: kwitz22 post# 910

Thursday, 11/16/2017 4:14:09 PM

Thursday, November 16, 2017 4:14:09 PM

Post# of 5702
It was really hard to buy then, but, based on their careers and where they had taken the technology at that point I made a gambled that they weren't going to give up on bringing their technology to market so the decision revolved around how low could it go during the reverse split mess. I held back on what I bought in the 0.03 to 0.02 level (I never got anything below 0.02) because at that time I fully believed they would go sub penny paying off their convertibles. Which they would of if they hadn't been bailed out by Ustian and others on the board hadn't bailed them out. I'm glad they didn't go sub penny. I'm not hoping they go lower now. I am just commenting that if they did I would probably pick up a few (not a a lot), but a few more shares.

I think our break is anytime between now and April. If they announce more large deals it will be hard for the market to ignore.

The recent PR noted "Full production system engineering and testing, including design failure mode effect analysis, have been completed to ensure the technology meets or exceeds the standards set for class 3 Ford F-350s to Class 7 International Durastars® or Workstars®"
Which I think means the possibility of unknown surprise issues with the design are behind us. Which was probably a criteria for the customer to sign the commitment.