More TruthWonder why the stock isn't rocketing up today on this huge news...well because there is no news in this release. This is a pressure release by AMY to stop all the questions about the demo plant.
It's beyond me why the great transparent Larry can not say that parts are on order or some pieces of equipment are being tweaked, or whatever the case may be. Everyone knows that something is wrong by now.
In January of this year Larry was super excited to have all the equipment in and that the plant would be up and running by the end of February.
Then we heard crickets until Zarko stated that the plant was in the commissioning phase, which is an engineering testing phase.
Later Larry stated that he did not like timelines as things break and new parts are needed during this R&D process, but did not come out and say that that is exactly what is holding up the demo plant.
Today, AMY has officially released that it's beginning "Stage 1" of testing of demo plant. Well how is this different than commissioning??? and how many stages are there?
It's still progress but everyone is waiting on this plant being completed and moreover a JV partner or partners to step in and move this tech to the forefront of recycling.
The stock will continue to languish until AMY comes clean with what is going on, and gets interest in this project. Obvioulsy, with this complete lack of volume that AMY is not getting the message out.
I would suggest that when this demo plant is finally up and running, that AMY get a spot on BNN to promote this plant.
Like I have always stated throughout the years that if AMY goes it alone, then it's a very bad sign that the tech is too exspensive or too niche for someone to pick up. Or Larry had his head in the clouds for too long long thinking this was a multi billion dollar company when it was only worth a few million.
And with the complete lack of any progress in the past three years to secure a partner in this project, it doesn't look good and the stock price has reflected the interest.
Only Tesla can save us now....so for the longs it's our only hope.