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Thursday, May 23, 2019 11:04:07 AM
Unfortunately, they have been delayed by a few issues:
1.) a Packaging issue (That's why EVERY world-class company in the world does "pilot" builds and normally 2 of them ! I used to be a proj. leader on Ag Tractor builds & know that you ALWAYS run into problems - Always ! That's why you do them -to find and fix the issues before you ramp up major volumes. The fact that the company is being transparent, is a good thing.
2.) They are still finalizing their patents - No one should want them to sell testers until this step is "locked up". They already have a few, but the last time I checked, they are trying to nail down international patents & are "expediting" it. (SMART)
The key point:
Is the company overly worried about these things? Answer: NO
If they were, they would "NOT" have bought "ADDITIONAL" testing components and would "NOT" be ramping up assembly already if they were. (Used to be in purchasing too !)
With a 20 Mil market cap, this stock should jump in the Fall.
Just my take, of course . . but the reason I am still adding to my position each month.
PS No one should question the technology - They won "best in class" at a cannabis conference. That's a big vote of confidence from users. When companies don't want to return your "pilot" testers, that tells you something. (They see a big benefit in "keeping them")
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