Awesome post, the pictures are worth more than you know. The mere fact that you can drive up and see this for yourself speaks loudly. You can see the business for itself and you can see the product. Here in a couple of weeks there will be a PBR going up in that spot filling up that 6000 sq ft space, and another objective will be met. Next week another objective will be met, each time something is completed it gets much more difficult to build a case that this will not succeed.
The action the past couple of days was predictable. Not going to get too far with 54% in gains in a single week without profit taking when there is no information to sustain buying when the profits takers sell. It is irrelevant in the big scheme of things, the settling point after the sale was a much more crucial piece to understand where we are. The stock is doing well it did not go back to test what we already knew was in place. Too many people are excited at this point and know the company is close to being in production of the 6M contract order. Never mind that no one is focusing on the other revenues being generated by the company, the small unit sales have been already occurring.
The company appears to be on track to meeting their objective of Q1 revenues and having at least two PBR’s up and running. The other two contracts remain to be seen, but I do want to point out something that needs clarification. That North Las Vegas project is not ENTK, remember ENTK was always a 10 acre unit then doubled to the 20 acre. This one acre PBR was for a company operating a diesel fleet of vehicles and construction equipment. The whole ENTK fiasco remains to be seen as it is quite apparent they have no funds and were relying upon a pump from PSC to raise investor equity and dilute shares in the process to raise the capital needed for further expansion. That CE has pretty much strangled that stock into submission and now only current shareholders buy those out who can no longer stand the pain of the slow death. So funding is going to be an ongoing issue.
