Waitedg: "To me there is a fine line between wise speculative investing and just gambling."
I think you cossed that fine line about 500 miles back! LOL!
Why I haven't bought yet:
S-8's for 30 million shares over the past year or so.
Big bonuses paid, big slap in the face of loyal longs, IMO, and longs keep buying the newly printed shares.
Few "principals", God forbid, but a bad illness or accident pretty much would shut the company down. These things do happen.
Past history of sales sucks and the design isn't even finalized yet. No one is beating a path to the FASC door for this "better mousetrap".
Irons in the fire, they have had irons in the fire for years. Zeolite was hyped so much by longs, but the fact is, the revenues probably will be so small it will be lucky to break even. Longs were talking about KDS's all over the world to service HAL. What a joke. Other irons, just some money from govenment agents paid to give it away, will just use up personnel time when they should be looking for real customers.
ALMI? Will probably buy conventional processing equipment if sales occur, slim chance there too.
The authorized will probably be used up this year, either authorize more or leave it where it is and reverse split.
Fun to watch though and read how others "think".
Cash is King until further notice!!!
My comments on companies are usually my opinion of long term success (years). The PPS may go up or down greatly in the meantime depending on the number of greedy suckers with money.
