RE:CO2 Solutions is a loser company with a loser CEOI think the tech is good. As for Management, I was reading their 2016 AGM presentation and they appear to have done/doing a lot of what they said they would do in 2017 in spite of some challenges (Whitehouse's position on climate change, changes in management at CST, and the VCQ committee).
Not trying to sway anyone either way but I think that CST has kept pursuing other areas of the business that it could. On a pure "statistical odds" basis, they have a roughly 30% chance of winning half the of the $20Mil XPRIZE thanks to having formed so many partnerships (much better than a 6% statistical chance if they were on their own).
While I do think the their technology is good, I am worried about competing technologies because it seems other companies (e.g. FuelCell tech) are getting contracts now for their solution. My hope is that Total SA, Hatch and BBA can each play a role in bringing CST's technology to market sooner than later.
I am a little puzzled that there's been nothing discussed about the 2017 AGM on Nov 22. There's a communication on Sedar, but I haven't seen it posted elsewhere online or on CST's site (maybe they postponed it before publishing the release?).
Not sure if any of this helps but in my view, it's too soon to call. CST has publicly stated that they expect to be financially independent in 2020, which means I'm expecting either numerous sales contracts anytime now, and well into 2018. If they continue to survive only on funding well into 2018 without any contracts, then either they don't have a sellable product or they aren't getting the word out.
JoeMess wrote: Is stock price low because the technology and/or management is garbage? CO2 capture is important, but given the performance of this company I have serious doubts about thier management and/or technology. If the technology is good, then they must have the worst management possible. How can a company get as much free govt money as this one and just see the stock price go down? It has to be one or the other or both:
1. Bad Technology,
2, Bad Management
3. Bad tech and management.
Rather than pump this stock, you should be calling for management change because you cant change the technology.