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Re: None

Monday, 11/18/2013 11:20:38 AM

Monday, November 18, 2013 11:20:38 AM

Post# of 232815
"Prototypes" implies "early stage". "Production prototype" implies commitment to program.

Steipp expanded his definitions, sure, after some input.

What I would want to hear: "commitment to program" and "meeting established milestones" and "expected delivery timeframe" or "schedule has slipped due to ...."

I would be looking for a company that follows std project management ( the majors do; everybody in big business or from large companies understands the lingo).

If Steipp for instance never managed R&D before, but instead has a history of focusing on operations associated with established or new ( but established) product lines, or if he has primarily been a sales guy (alot of talk, just wants the product delivered, don't waste my time on details guys, yada yada), that might explain the glossed over, "in the midst" descriptions that can make it difficult for investors to figure out what is going on and how long it might take.
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