Prof. Li ordered raw material for some reason so we have to wait and see. He has under promised, over delivered, asked for a little patience. That’s good enough for me.
I have a tiny fraction invested compared to his 60+ million. If he is confident, so am I.
Yes and it’s been this redundant process year after year that led to no contracts and revenue that Steipp finally came out and said was a great EMBARRASSMENT to the company.
Interesting that he only admitted this after diluting the cr*p out of our shares, after giving bonuses to all upper management for years, and after resigning.
I am in this until March with Li. If he doesn’t bring anything substantial to the table by then it will be time for an exit.
It was the cost partly, but I think the real stopper was the limited size of item that could be made. I think that's what stopped many of the RFQ's. But there was no real money to do the RFQ's anyway. We were sold a bill of goods while Steipp negotiated with Li. All the RFQ's were for show.... but they are going back to them, for another evaluation.
SIZE MATTERS....the cost on some items may have been justifiable.....if it cut down failure rates... such as gears....
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