re gah yes motive to spread out biz all over world has got to make financial sense. the projects have got to be big enuf to cover the costs of international finance and lawyers . It cant be about ego and being able to fly executives around to sign papers and enjoy octoberfest. there is a benefit though in diverse currency income,when USD falls having Euro income is benefit. Also important to grow a fast market share position is key.
ocean buoy system cud turn out to be huge because it has great potential for scaling up fast and is somewhat portable. If the buoy product turns out to be the leading wave machine this side of FVR will be the big right hand knock out punch.
best to get as much finance cash as possible now cause money is starting to get tight and will cost more next year.
regards steve