Ideal Power Inc (IPWR)

[tykundegex]

Very underwhelming conf call just now. More blah blah about commercial potential and how they're now an "asset light" company (they have always said that).

They are still only in a "prototype" phase of the B-TRAN, and seeking partnerships with Universities and government funds/grants for R&D.

In other words, there is still zero commercial traction. Not even one LOI.. just "customer sampling".

In their own words, commercialization is "time consuming" as most customers will want something proven. Initial revenues will likely be government funding and partnerships.

Looks like this stock is going nowhere for at least 6-12 more months.