Tuesday, March 04, 2014 6:47:42 PM
He said the company is basically a shell at this stage. It had a few near misses with some major contracts that unfortunately didn't pan out.
There is some technology they still own, but because the way technology has advanced so much the last 10 years it has little value.
As far as Mapsands failure, he believes because it had the capability of lethal force as it's final option, this scared away the politicians.
They haven't sold any radomes the last few years.
As far as the filters. They were offered a contract, which required them to come up with a million dollars to meet production needs. They tried but were unable to do so.
He is surprised as anyone that it still trades as much as it does and believes that the future here maybe be reverse merger as it is a clean shell.
Thanks for the number
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