It’s simple. KT has no credibility. He has to show sales and he has to show he can mass produce. His rosy outlooks are worthless to the market. He’s cried wolf too many times.
The market cap is already almost 40 million. One can argue it’s overvalued even at 5 cents. No patents and can’t be sure he can effectively protect IP. Add continued dilution to that and the fact that mass production still hasn’t been demonstrated .... we can’t be surprised this remains at a nickel. It’s still a very high risk stock. I hold because I believe that KT will eventually get there but I don’t blame the market one bit for not buying into this yet. Only when he finally shuts up and puts up will the SP follow.
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