AMY Loses Tier One CompaniesLarry just came out and said that AMY lost the Tier One Companies that did testing with them.
This is horrible news for the company and it's future as a player in the field. This is why Larry keeps arguing the patents. But if the Tier Ones chuck AMY to the curb, not many others will follow.
This basically means that AMY will be a niche market battery recycle company. And Larry is not saying which niche this will be...which is also a bad sign.
AMY always had this mystery about it, and at least now we know the truth. AMY will not be a universal player in this field. This is why this stock has done nothing for years on so called positive news. AMY is obviously not for everyone and Larry just admitted it. He can't make 100 factories. He can only make one for maybe one customer??
Larry states that he is now going down the line to the next interested party "that he thinks will work". He won't say which market this business lies. With such diluted share value I don't think AMY has the potential to make good on Larry's previous claims of wonder that AMY offered.
AMY is now dead until Larry states who AMY can help.
What a waste of time. Selling off.