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Wednesday, April 13, 2011 9:30:08 AM
According to my recent conversation with IR, WDRP is working on completing their prototype unit. The unit would be completed by end of April. In the meantime, they have already starting UL Testing process in conjunction with prototype development. (Please research on UL website that this is a recommended procedure.) Then the next step they would produce multiple 'field units' or preproduction units for PR purpose, for additional testing purposes, and so on. The goal is still that they would try to launch the product in a very short time period.
Just when the prototype unit is complete based on UL testing requirements (even though the UL testing process is not complete), the PPS would jump so much from this level-0.10-0.20 pps, who knows? If they are ready to do mass production, pps would be much higher. At that time, we would talk about Buy out or additional sale agreements are coming...or something like that....
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