I don't know -- there are still a lot of ifs...
1) Will the engine perform as advertised? (By David's admission, they have never actually run it on real sour gas, and real world testing can sometime expose surprising issues that never appear in bench testing).
2) How long a period of trial will it take to confirm that the engine can run reliably for the longer term? This isn't something you can sort out in days or weeks -- more like months or even years.
3) Related to the above -- Are they in a position to keep the company operating (from a financial perspective) while 1) and 2) are determined? In the last financial reporting released by MI (three years ago), their daily operating expenses were $8000/day, and they at that point they had free rent and their employees weren't being paid. What does it cost to operate the company now when they're trying to actually look credible? $250,000 (the amount they loaned earlier this year) doesn't seem like a lot of money in that light.
4) Assuming that they demonstrate that the engine works as advertised -- How do they manufacture it in quantity? What happens when the remaining stock of parts for the OMC engines from the seventies runs out?
What they really need to do is demonstrate that their engine fills some kind of niche for small scale installations that isn't met by existing sour gas engines.
AI
