<< The original contract was to DEVELOP a fibre for the US MILITARY. We were SUCCESSFUL. >>
That is totally incorrect.
The original contract (for about $100K) was for shootpacks.
The extended contract (for about $900K) was for 220 lbs. of custom fiber.
For the extended contract, they CLAIMED that they "developed" a fiber for the Army in-house, but they never DELIVERED it. It was due last Aug / Sep, and is now almost 1 year late. And that is why they haven't gotten paid for it.
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