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Ecomike

08/28/11 5:21 PM

#2451 RE: xr4ti5647 #2450

Add to that the fact that they have been in the product development mode for about 11 years, and have only issued about 50 millions shares in that time, as they have kept expenses way down, and now they have issued patents even in China, and multiple license deals under way on the detonation cycle engines with huge firms in the east, China and Japan (one in China is owned by Mitsubishi in Japan IIRC), and now the hydrogen generator marketing deal, all of which are real hardware, not smoke and mirrors, and not vapor ware or perpetual motions BS, this is a great price and time to buy. IIRC the price has never fallen under .10/share in 11 years! It was up at 70 cents about 18 months ago!!!

Only reason we are on sale so cheap here is the market wide fear (as you mentioned), and the lack of any actual revenue so far, and a 6 month slow news cycle we just emerged from with TTEG. But I have seen similar firms command a market cap of 3-10 times this one's in similar situations.