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Friday, November 06, 2009 2:56:20 PM
The fact that VSPC already has in place agreements with Samsung, Dragon Power and the US military, say a lot about its credibility.
Our IPA subsidiary is cash flow positive, and has essentially ended dilution.
Our VGE subsidirary has planted grass in several parts of China, and has signed a deal with Dragon Power.
Our DMFCC subsidiary has exclusive rights to patents that essentially control the fuel cell market in the USA and are working with Samsung closely.
I have done a few valuation models, and think we should be around $0.15 now and $0.30 by year.
later
BigD
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