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Tuesday, May 17, 2011 11:14:51 AM
However... It is really not obvious from the PR if they are still tweaking the prototype and could make major changes to it or they are 99.9% done and are just getting stats from it. Everything says "subject to change", the enclosure is not build (which we were fairly confident Design1st already had done) and they have no actual numbers which must mean the device is not 100% complete...
Also, nothing at all about the 30 million shares which considering how riled up investors were about them is very very strange.
I guess the fact there are no deadlines or time estimates at all could be explained by the fact they kept missing them so didn't want to get in trouble again. Still, I would have liked to know at least specifically what they have to do before production can start so we can get an idea of how long we'll need to wait.
To be perfectly honest what they have now, a temporary box with components in it on a table, without any numbers, I assumed they had at least 6 months ago, from what they were saying.
Still, I'm excited and might pick up more once they release a better PR. As long as we don't go another month with no news we'll do really well. We could in theory get numbers within a week, testing done within a month and in production by the end of summer...
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