News Focus
News Focus
icon url

DrivenByPain

10/21/11 11:27 PM

#36429 RE: Thermoking #36427

Wanderport will have a manufacturing contract by that time.

jmo
icon url

TASBES0101

10/21/11 11:52 PM

#36433 RE: Thermoking #36427

Thermo, does the contract really expire in March? Is it possible Robert can just stall this thing (assuming there is really a water heater) and walk away with the IP leaving investors holding the bag? That does not sound good, if it's true!
icon url

gharma

10/22/11 3:51 AM

#36441 RE: Thermoking #36427

Hate to say it Thermo, but that is pretty much what my gut has been saying to me since the AMF thing made me so acutely aware of the total lack of business acumen held by current management (i.e. Andrew and his assistant Martel).
I do not know of contract expiration and possible continuation clauses, but performance clauses could get triggered, with the costs ahead and only 760 million shares to dilute with at penny prices, with some sizable cap ex ahead for test units and testers/tests, plus final engineering independent confirmations.
JMO