InvestorsHub Logo

xwing229

10/12/11 7:10 AM

#1436 RE: teq0904 #1435

Hello teq0904,


I've been around long enough to see the expected sales reported from Q1 2011 to mid-year 2011 to now Q4 2011. Sales has been delayed because new discoveries, like black silicon, has been made and that they adjusted their gameplan down the road to add these features. My point is that they have sale agreement (At least with TLNZ), they have a product that can be sold and that ultimately they'll run out of liquidity in Q1 or maybe Q2 2012 and as a shareholder, I'm always concerned about dilution of an equity and I would be annoyed to see them do some financing at this price level that I feel do not reflect the company intrinsic value. They are not the in the same position as a year ago when they had no product, no sale agreement and no Kodak,no Phono and MX Group in the picture. Like I said previously the next milestone for a sale completion is year end so I'm waiting for this moment to make my investment decision but I really feel I'm going to hold for a while here.


Good luck!