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Bill_ENG

01/13/16 3:08 AM

#16603 RE: nojay #16602

Answer what questions ?

NEAH has announced many mergers, teaming agreements and development contracts for years. Still waiting on one to lead to an actual money bearing contract.

IN the past they announced a development agreement with a mysterious DOD contractor and nobody bit. If this was true they should have had products developed that fit other applications to sell to others, yet they always claim to need time to go back to the drawing board. They cannot claim victory on this one.

Development LOI or MOU with ION geophysical then they said nothing for a long while supposed to lead to 88 units, perfect for non-air application then after ignoring the questions on Agoracom for a while they announced it was a no go uh no money to develop (we thought they already had a non air breathing fuel cell),do you see the pattern ? They cannot claim victory on this one.

DRDO...they worked this for a year and claimed victory...searched but did not find the DRDO response. oh well, no sale yet, maybe never, they have been in high level negotiations and waiting to meet for almost 8 months.

Tectonica demo was supposed to be in October they hired Quality stocks to PR/Pump this and then nothing but silence, they did not claim victory and have not addressed it.

So an agreement to develop something is very vague as they do not set a timeline. If they stayed quiet about something for a year and then boom had contracts that would be a different situation.

NEAH seems to announce, then get quiet, ignore the subject for a while and let it die. They then take a different direction. Who knows ? They don't put anything of substance on their website.

JMHO

Bill

bullrunner7

01/13/16 10:57 AM

#16605 RE: nojay #16602

at this point i believe one day and this year things at neah will come to fruition but i am waiting to be proven right !

Bill_ENG

01/13/16 11:27 AM

#16606 RE: nojay #16602

As for the financing that did not happen, since you like to forget the unpleasant parts of NEAH, they could not get a 1 million dollar loan last year in order to supposedly merge with Shorai.

We went thru update after update, next month, then next month and they never got the financing.

Your assertions that these guys are busy like elves behind the scenes doesn't follow with accomplishments announced, with the lack of operating capital available and lack of follow thru on other teaming agreements.

This ain't crying, this is stating an observation as to where we are at, it's not up to me to change that, it is up to NEAH to announce the milestones, unfortunately they don't ever seem to achieve those.

jmho

Bill