Good Question. Signet has no working prototype for any technology so whether or not the technologies work is an unanswered question.
What Signet has done is obtain licensing rights of intellectual property developed by FIU.
Professors at FIU patented these ideas but have done zero product development toward commercialization. That's where these technologies sit, at an idea stage that has been patented.
Read the SEC Filings. Signet has spent ZERO working capital on the development of any technology. All they are doing is looking for a major company to step in and take over. Which is the exact same thing the licensing office of FIU did (and failed) before giving the options to Signet.
All of these technologies have substantial barriers to entry.
They need engineers, materials and expertise to take the patents and create a working prototype to show the technologies actually work, not just theoretically.
They need to secure raw materials in a tight Supply Chain. Some of the raws needed for the battery or graphene deicer are rare earth minerals. What is the supplier?
They need real manufacturing and technology development expertise and they need a lot of cash to fund all of this speculative work.
Signet's CEO is over 80 years old and has zero experience in industrial manufacturing. For much of his career, the CEO was a boxing and event promoter.
He promotes these technologies as the best thing since sliced bread with smoke and mirrors.
He signs up a distributor in South Korea for a product that doesn't exist.
The news is something a promoter will use to pump things up, but is not a sign of progress.
We have salespeople! Says the hype, without mentioning they have no products for the distributor to sell.
The only thing that drives Signet stock up is speculation from a handful of people who think this is a lottery ticket.
The reality is that Signet is like most lottery tickets, it's worthless.
If you can make some money selling at 35 cents, do it.
I know some here expect a $3 share price. If it happens it will be for a brief period of time since the company has zero revenues let alone profits.
It will be based on some promotion by the company that fools people into thinking there is something real.
As I've said multiple times, Caveat Emptor.
