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Thursday, June 20, 2013 4:22:23 PM
CEO Mr.Jack Merck noted that company has reached the point where licensing and real life production is possible, but since there is outstanding ongoing R&D, the company should focus on bringing the system to its maximum capacity prior to prototype testing and production can follow.
The Company is looking forward to being in production within the next calendar year and corporate projections show the Company being cash flow positive in year one and in a healthy profit position in year two. By year 3 of production, the Company is projecting revenues in excess of $125,000,000 and profit per share north of $0.25 per share.
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