David, hopefully you did pretty good getting out at .25. The company did secure a line of credit for $3,000,000 which would provide sufficient capital for the next twelve months or so for operations. The fuel cell is working, although my understanding is that it had to be redesigned. This came from a West Coast source through a third party who has shares in the company. I don't think they would be making a presentation to the South Carolina contingency unless they had a good working model, and if they could sell 20 units with one order, they would be in business for sure. Their statement that they are represented on the SC council that has oversight on fuel cell implementation is a fact. They are in good position for the deal, I think. But they need more action. It has definitely taken much longer than they projected with their initial statements, and they haven't helped the situation with their lack of public information to keep investors informed. Perhaps they don't understand that this is not the Army, where no news is good news. Investors look for news everyday, or get discontented, and ultimately sell and move on. If they would simply send out a PR that the damn thing has been certified, and by what company, that would really help your idea of at least knowing they have a fuel cell that works. The certification was mentioned by Bob Farr back in the Spring, and no news regarding same yet. Here it's been about six months since he stated they would have it around July. Here it's October, and quickly rolling toward November. Also, they have announced a possible acquisition. This would be an additional opportunity and I think a good one. So, minus their lack of support for the investors, ie. keeping the public posted on the goings on of the company, I agree with you that they have still failed miserably on their time table to accomplish much of anything. But I still think they have a good opportunity and hopefully they will bring it to fruition.
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