You are 100% correct But i have faith there is something here. In the works. Look at how there costs are coming down. Look at the management. yes on paper and numbers it looks bad, but if this executes cancellation again and news about its first sale. Look at the companys website if this waas real by the looks of it this is exactly how i would sell it.
Things take time took my company 2 years. Could be a scam, but management background not by whats on paper looks fishy, but if someone wanted to strike rich wouldnt you want to buy cheap shares for a long time for 2 years when you know you have something big.