Okay, Ive read everyone's reports regarding the shareholder meeting. Thanks very much for your diligence.
As a long time holder of this stock, and long time professional knowledge of 3d graphics, etc, I have to say, from a technical standpoint my gut reaction is very mixed.
Alarm bells went off when I read they are now looking at laminar flow of a liquid through a cooling process.
Looking back, the company first started with a mechanical spinning screen. This was before I heard of them. If thats all they offered I would not have invested, as thats 19th century technology that others have tried and failed to improve upon.
When I invested, was when they already (rightfully) moved onto a solid state device. IMO this is the *only* reasonable way to go.
Apparently they were looking at some aerogel material.
Chemistry is not my forte, so sure go for it.
Then they moved onto nano-crystals. Again, I know very little of molecular science, but apparently sounds like they were moving onto a more refined approach.
But now instead of hearing things are going well, we're told they are now using a liquid, which would be fine, except 1) it now needs a cooling phase and MORE IMPORTANTLY 2) needs a laminar flow to avoid distortion.
Man, this sets off huge warning bells for me. It went from a solid, light cube, to a moving flow of water that needs to be moving in a notoriously finicky way to avoid distorting the image.
Its like drawing in the river.
I cannot imagine FDA approval will be easy when it will *definitely* be plagued for sometime with flowing distortions through the image.
The only thing that tempers my severe cynicism is Sid's claim that a prototype may be ready in 6 months to 12. But again, that could very well be wishful thinking.
I need some very strong arguments that abandoning a solid display surface to a flowing refrigerated liquid will produce a more reliable system.
I could be totally wrong, but thought it would be dishonest to keep my analysis to myself.
Lets hope Im missing something important,
Rob.
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