Yes a good day for SCIA, lots of buyers. I don't understand that market either, or the other products they make. One of the things I liked about SCIA, and what I look for in other companies, is their ability to show improved revenue and margins based on "economy of scale," which they clearly showed in this last quarter. I also liked the new cadmium free solar panel process. And the engagement of Wickersham. I also liked that they have improved their production capacity. They are now hiring.
I don't think it's worth more than 3.25. In my opinion the wild card is the cadmium-free solar panel process which removes that toxic material and also is more efficient. They could be worth a lot more than 3.25 if a Fortune 500 company wants the process
"SCI Engineered Materials, Inc. (SCI) (OTCQB:SCIA), a global supplier and manufacturer of advanced materials for physical vapor deposition thin film applications, including thin film solar products, today announced Case Western Reserve Universitys (CWRU) successful evaluation of test films using SCIs Zinc Magnesium Oxide (MZO) material. These results support use of SCIs innovative material in thin film solar applications that could lead to higher efficiencies. Jing Yang PhD, SCIs Senior Product Development Engineer, said, We are pleased to receive CWRUs independent confirmation that SCIs MZO material has certain advantages versus other buffer materials. For CIGS applications, these include wider bandgaps and improved compatibility of band alignment with zinc oxide based transparent conducting oxide, potentially superior solar cell efficiencies plus opportunities for manufacturers to label their products Cadmium free.
Jeremy Young , Vice President of Operations, commented, We are pleased to add MZO to our portfolio of material and product offerings. It reflects SCIs ongoing commitment to research and development of innovative solutions for our markets and growing customer base. This application enables us to reach a greater number of thin film solar manufacturers."
They can supply the new process immediately and without cost for upgrades and have an order already
"Importantly, we are able to use existing manufacturing equipment to produce this new application. An initial order for targets utilizing MZO has been received and we are actively marketing it to current and potential customers."
My posts are my opinion. Do not be influenced by anything you read on any message board website unless you can confirm it.
