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Radiant Energy Corporation V.RDT

Radiant is the developer and marketer of Radiant Deicing Systems. Radiant's product is the only non-glycol based alternative approved by the US Federal Aviation Administration for the pre-flight ground deicing of aircraft. Aircraft deicing with Radiant's technology offers savings to airports and airlines over the use of conventional glycol-based deicing systems, reducing aircraft treatment costs.


TSXV:RDT - Post by User

Post by penguinwinson Jul 14, 2010 1:49pm
356 Views
Post# 17268938

confidence

confidenceTo me this is not filling pockets with bonus shares. First off it takes four months to get them and the company needs money. Also it was only 40,000 shares. I am sure mgmt would be glad to give them to you if you put in $250,000.

To me it shows confidence that they may actually get a sale soon. They keep putting money into this pit, so they must think it is close. The management has had a hard time selling the units but if it ever takes off it will be huge. It also may never take off but I am willing to gamble that something will happen someday and I am happy that the owners deep pockets keep the company going.
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