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DMN

01/12/16 9:50 AM

#80767 RE: gorgol #80766

All I know is what the numbers say, and they say there are virtually no sales. Having enough sales to support current expenses and a bloated executive staff and salaries still seems to still be far away.

Regarding RFQs, my early career was in sales. I fully understand that RFQs are responses to inquiries and not sales. We had a leading position with the best quality products in the industry, and I converted about 10%. This is a new, unproven material and process for high volume production. It's a big uphill push. The RFQs are a good sign, but I am at the point where I need to see sales.

I was going to buy more, but until I see some signs of life, I'd rather buy at 30 cents on actuals than buy on fluff.

HIKER_II

01/12/16 10:59 AM

#80768 RE: gorgol #80766

Well there is one big lie so far. Out of Steipps own mouth.....major European contract to be announced FALL of 2015! That time has come and gone Buddy. wouldnt you think since he said it he would have gotten back to us shareholders about the subject....whether it happened, not gonna happen, or in the works, but still a secret..........give the shareholders that are funding your salary a little well deserved respect!

poop deck pappy

01/12/16 11:17 AM

#80769 RE: gorgol #80766

Tom in a CC in 2013 reported 900 inquiries in the first quarter.

That's what RFQs were called then.

The percentage of contracts from those inquiries is 0.0