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News Focus
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barbaruba

05/20/10 9:51 AM

#11283 RE: syracuseo #11282

you may have a point but they announced distributors and their exuberant sales projections based on having this product.
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extrinsic55

05/20/10 9:51 AM

#11284 RE: syracuseo #11282

syracuseo Wall Street is forward looking as I am sure you know. So in this case even if its 6 months to a year till workable unit, I believe one should accumilate shares at the lowest possible prices just in case it all works out. We all know its a gamble but every now and then you hit a big one.

Is this going to be a big one or a loser.

Only Time Will Tell.

I like the odds and the possiblities.
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Gold_Icon

05/20/10 11:20 AM

#11285 RE: syracuseo #11282

They had to , because of the innovative of the product , theat could be a big thing on the water heater industry , if they start trying to produce with no sales commitments or projected sales , if and I say If someone offer a buyout the price will much lower than the actual case , thats one of the points .
secondly I think that give confidence to investors that what they are saying is not just smoke like many other pinksheet do , that they have actual contracts with several companies to sell the product is a big step foward.

I know some were expecting some numbers , but they have a lot to do , before product is ready to third party testing , they cant afford to get the a product and then have to go back cause it didnt meet the standars , they taking their time and doing everything they have to have a good product ready to pass UL and any other certification needed , and they letting us know about it.

Can you ask for more ???.... I guess some will...

JMHO
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mwolfe

05/20/10 5:17 PM

#11288 RE: syracuseo #11282

How can you say they don't have a working model? It basically says they do in the PR. all they are doing now is fine tuning all of the safety features by testing their working model and then taking it apart to fine tune. Then, they will make "pre-launch units" or duplicates of the tuned model so when they do send them off the the UL or third party it doesn't get sent right back to wanderport and the company loses all of its investors.plus it will also make the process go a lot faster.