That said Cecil sounded VERY CONFIDENT in this last update.
He also sounded very confident when he predicted the ZEFs would make the company profitable in 2010. Also sounded pretty confident about the Haven flow loop, TCPL and KM... Oh ya.. let's not forget how confident he was about China, Iraq, the pumping platform.. Energy Tech Africa..lol.
Hydrostatic test is simply a pressure test. It's meaning does not change to fit a narrative. The fact they turned on the unit during the test, and mention that, doesn't change that. The question is, as always, why they need to fluff up a non event? Engineering calls could simply be to Bolt Supply House, and probably is since he didn't really explain any of it in detail.. as per usual to let the rubes run with it. And beating the TCPL test could simple be that they could turn it on, and the power supply functions, but it still does nothing.. that would beat it wouldn't it?
And 'syndicate' lol? ooouuuu pretty thkarey shadow group. If this laughable figment of someone's imagination had been shorting since 2014, they would have gone from $1 down to $0.02 at multiple points during the last year. And we're supposed to believe that they would stay in and not covered for what.. another 2% to try and get a 100% return vs taking the 98% they already have? Laughable.
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