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Artsy

08/13/12 1:53 PM

#14248 RE: elleryqueen #14247

Is it possible that the prototype is already finished and they are keeping a lid on it until the acquisition is completed? Sounds plausible to me. They must be showing the company SOMETHING! Hopes and dreams wouldn't cut it. I am keeping the faith...How Willner is playing the cards is his own choosing by looking from the inside out. I believe he is savvy enough to handle it all wisely for the benefit of the company. We can only guess....looking from the OUTSIDE IN.

Glad to see you posting, Ellery.

Mountain Dog

08/13/12 2:50 PM

#14249 RE: elleryqueen #14247

Ellery,

According to Sid's Nov. 1st letter the TSP completion was 12 months which would be mid October, early November 2012. So we are still within that projection. And, I may be mistaken but wasn't the EVTB approach scrapped when Willner took over? I'm not sure if the 12-month TSP projection still holds with Willner. Maybe I'll email the company and ask if this projection is accurate at this time.

"The timeline estimated for the Engineering Verification Test Bed which would give us the ability to initiate commercialization efforts was estimated to be approximately 6 months and approximately 12 months for the final TSP."