What new applications are you talking about? There aren't any that I'm aware of?
I'll say that I do hope that we see somethings going on here in the first six-eight months of this year. If I don't see CYPW follow the timeline to some sort of degree, I'll rethink this whole thing. I, however, believe that they'll take this to the next level...
You call it parallel work (the LSR car), and it is; but its a marketing tool (a powerful one) and one that happens to be a huge passion for many of these Cyclone engineers. I frequently follow the steam phorum where they talk about it. Chuk with his money is taking the car to some big steam conference out west in the next couple days. It'll be a headliner at the conference thats the way its set up at least.
You keep talking about signed deals. You've got to let the horses pull the cart and not jump out front.. They've got to put their product on the market before they get more deals.
If you don't have the patience, then get out. Its as simple as that. I personally prefer these cheap shares. I think its a risk worth taking! (in my not so humble opinion)