One big order does indeed change it all. How does a little shell company get their widget through vetting without some burn and R&D?. To state they have debt is like saying the earth is round. I guess they could not have been approved, then I would be concerned. On that note, can someone please point me to the last multi million $$ ETD order from either Smith's or Morpho?. I found the one's from 2010, other than follow on's from those I can't seem to find anything since. I'm not counting that 100 unit order to Canada last spring - that was a complete homer deal as the unit is mgf'd there. BTW that model was approved in 2006, wonder if they have anything new?
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