Post by
ARIMA11 on Oct 24, 2022 12:31pm
Interesting
This page was refreshed: https://www.appliedmaterials.com/us/en/applied-ventures.html
And BTI Imaging is still listed as an investment.
https://www.appliedmaterials.com/us/en/applied-ventures/portfolio.html
ACU has a BTI link to their homepage
https://aurorasolartech.com
Is there a possibility that Applied Venture is still invested somehow?
"Aurora Solar Technologies, together with our subsidiary BT Imaging..."
The acquisition had a private placement tied to it. Which also has warrants.
During the last investor call Mr. Deans insisted" We don't need two CEOs", " I'm staying as a CEO" A few months later he "retires". Who driving that? ACU has not sold much in a while (DM's or Insight) and BTI is their ticket to revenue, Why would BTI agree to be acquired at that price?
More and more this looks like an RTO. While Mr. Dodd is accomplished, does he have the scientific expertise to be running ACU and BTI? Maybe its not needed but let's see if this an interim role.
Also the corporate presentation is one year old. Come on.
https://aurorasolartech.com/content/uploads/2021/09/ACU-presentation-abridged-210908.pdf
Comment by
tannin on Oct 25, 2022 2:11am
interesting, maybe a rto. Whichever, before it, we had a future, but no 'present', now we have both. Like the 'future' acu aiming at, possibly very nearly achieved.....wonder what the 'China' factor will mean...
Comment by
ARIMA11 on Nov 01, 2022 9:24am
That's well put. Investors just need to know a little more about direction, milestones and timelines.