Tbone, you're asking the same questions we've been asking for a long time now. Needless to say, information is always thin with this company. Every few months Tom seems to drum up a bunch of hype and the stock moves a little before crashing back to under a penny. His latest venture is solar integration, which is also my field.
I've owned this stock for better than six years now and it's been a disappointment the whole time. I've been with Tom through his patented solar glass, CIGS, and now solar integration which I personally believe to he a straw grasp at best, and outright deception at worst.
Tom claims to have made sales and signed contracts, but details on customers, costs, and just about anything which would be verifiable never seem to come......this is what we're all waiting for.
Is Tom a genius waiting for exactly the right time to release a bunch of great news which will drive the stock to a buck, or a shyster dangling a carrot in an attempt to get less savvy investors to cough up some cash so he can make another car payment? While I'm hoping for the former, my gut and experience tells me it's the latter. Either way, this stock is about played out.....Tom will either make good soon or XsunX will become another bad memory.
As far as his patents......that's laughable. Solar glass was a complete bust. His CIGS manufacturing showed promise, but fell by the wayside as Si prices fell through the floor leaving CIGS as a good idea that will never be competitive in the real world. I wouldn't expect to ever see a patent on his CIGS, and I'm betting he is no longer putting capital into it......just doesn't make sense.
Others on this board think Tom may be using integration to generate revenue to continue his foray with CIGS, but any rational for such thinking is completely lacking leading me to conclude that they are either being optimistic and hoping it will blossom, or more likely, that they fully understand that CIGS is a dead technology and they are simply talking it up in order to drive the stock price up to where they can jump ship without taking too big a loss.
A highly successful integration business may take the stock to a nickle.....margins are just too thin in this highly competitive market to expect any more than that. Tom, if you're listening how about moving into energy storage......use your skills of hype and hyperbole to push a flow battery.....that's where the new money in RE will be generated over the next five years.
AI
