Not so much 1/2 full or half empty......just that the water in the glass is a bit stagnant, really since the PR last year, where the CE Mark was announced with the lawsuit news silently tucked in.
Had DR proven, at any point since the company began, the capacity to generate revenue, all the forward looking DD and 411 about share structure, inside buying, etc, would be moot.
But DD shows that CTGI has followed many different business ideas in the past 10 years which haven't panned out (the CO2 seperater and before) which have not generated a nickel. (And Low, you were just as zealous in your defense of DR and Chastang as you are of DR and LTC today)
We know DR has high hopes and good ideas. We know he's been buying lots of shares. We know there are outstanding lawsuits and obligations against the company (Gordon, Cornell) and we know that DR/CTGI haven't made any money to date.
Add it all up and you get the current PPS. How do you value a company like this?
I salute your unflinching faith Lowman, but I think many investors require something more tangible before risking their $$. Hopefully the day will soon come when we're discussing the merits of financing arrangements or production facilities instead of arguing over who believes more.
