If I needed another reason to back off from CTC, this is it.
" These larger installations than what they have been doing lately. These would be in the "5-20 mile range and some longer than that. Some of these deals should come in the short-term."
Are we pinning our hopes on a few 5-20 mile sales? They are going to need sales of hundreds of miles to get this thing moving any way but down. Didn't I read that CTC has financing through Sept? Are they maintaining the burn rate that was based on? What happens if they just have a few 5-20 mile sales by then?
OK. 3M has an inferior product. Do you all think they have said "Shucks! No use trying to improve our composite core product." I don't think so! Good Luck!
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