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jetlife84

07/07/18 9:54 AM

#75167 RE: drugmanrx #75165

I'll give you some credit on what the focus was/is but you still said "time will tell" when it came to the tech as I said you did...

From post #73740

SGSI and MEA

The focus of Ponder and Hayter has been and will be going forward the growth of the telecom side of the business, that is their expertise after all.

They have in place a very aggressive plan to up list to NASDAQ by the end of Q1 2019.

Between now and then they plan on making not one but two more acquisitions to bring the company revenue to over 80 million a year.

IMHO most likely there will be a reverse split of some sort probably announced in Q3 2018.

Where does that leave MEA and Larry?

Alive to continue moving forward.

Free to operate independently of the telecom side.

Free from carrying the cost burden and time consuming duties of remaining SEC compliant.

I don't know whether MEA will ever succeed in bringing their technology to market, but what I do know is that MEA is in negotiations with a company presently to do so.

What I also know is that the more hydrogen is being looked at as the energy of the future the more eyes are looking at formic acid to store it and transport it.

MEA technologies.

ERC - produces formic acid

MRFC- a fuel cell made from formic acid (yes I know, the 10q of 4/9 tells two different stories of whether MEA still retains the licenses. That disclaimer of license expires also appeared in earlier filings.
So whether that part of a 10q was a copy and paste from an earlier 10q or is still current I am looking into. All I know at this time in the company's presentation of 3/6/2018 the MRFC was listed as a technology under control of MEA.)

Energy Storage- using formic acid to store and transport hydrogen.

While there are no guarantees that MEA technology will ever be used, as long as the company remains active (per SEC Filings of SGSI it is) the possibilities of any one or all three of the technologies making it to market exist.

As a poster who post a lot of junk on this board says "read between the lines"

If the company had no long term plans for MEA or thought MEA offered no future value at all for SGSI, after the reverse merger MEA would have been cut free or made to disappeared from SGSI.

They haven't.

Time will tell.