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jackfree

05/22/08 12:46 PM

#2694 RE: charhorse #2693

Bruce runs a pink sheet investment blog and has been investing in CFRI this is his evaluation of the latest update.

"I've spent many years in new product development and I know that it takes forever to get from a viable prototype to significant revenue. The delays with CFRI don't surprise me in the least. There may be additional delays. Given CFRI's experience in the industry, I suspect a total outsider like BASF would experience even longer delays in fully understanding and meeting customer requirements.

Having 900 TEUs in field trials is a good sign. Customers are serious about the product.

The value of success with CFRI is big enough that waiting an extra year or two doesn't change things."

Link to full evaluation and his previous views on CFRI.
http://pink-sheets.blogspot.com/2008/05/conforce-international-cfri-update.html