Monday, December 05, 2011 1:40:31 PM
Also we don't know what, if any, other levels of armor have been submitted to NIJ. Bourque made his splash at the demos and the NIJ submittal, IMO, not for the body armor but for other uses. Other posters have pointed out how other body armor and Chenney are both formidable rocks in the road regardless of how well the armor works. From what I have read here and elsewhere, there exists a market for which Bourque can make a lot of sales without having to grovel in the mud with much competition. This is just my opinion based upon how the factory at Drexel is set up and a few other clues. I don't have any secret information, only many years of experience in the playing field Bourque is now in. Kryron is what it is. The uses for it are much more valuable in products other than body armor.
I think too many people jump to conclusions about what they want to hear and ask the question "so why no action there". We don't know what action is or is not happening. We will all hear the "numbers" soon enough but may never hear "what the action is".
We will never hear specifics about some customers. IMO we have already heard too much!
NIJ would be nice but I want to see the next financials. The delay is expected and welcomed by me. I am really glad they delayed the Pink Sheet initial financials as long as they did. I don't expect the quarterlies to be filed until 1st quarter next year, although sooner would be nice because it would tell me that they are ahead of where I thought they were.
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