Digital Locations Inc (DLOC)

[Ecomike]

I don't think they had or needed a plant on the board(s), with the CEO being one of the best PR guys in the public company business.

They had (and have) a great idea, and presumably some real, new tech behind it, but they have failed to get a pilot plant funded, which was needed to debug any preliminary design flaws and prove out the idea and IP, and to create any additional IP needed to make it work cost effectively. They tried modifying the IP to a more marketable format, which had (and has promise), but until they get a JV funded deal signed and funded, and a lot more transparency it is just another slowly sinking ship, bleeding cash along the way.

Sad too see so many promising IP technologies die these slow deaths like this, as the dreams of solving real world problems slowly drown. I won't be surprised to see their Tech installed and operational in 10-20 years. All one needs to do is look at ones that actually got DOE funding, like Solyndra and Beacon Power, that are now in BK, to see how tough it is to get major game changing alt energy new tech to the market.