No Profit here..worth )$0.25 per share.This stock no where to go but down.
There is no interest or marketable products ready for the market. It will take a few more years to produce a cost effective product. Think out it...It is linked to the price of Oil. Oil goes up so does the cost to produce. Secondly, Copper is still cheaper.
When you are a manufacturer it is the bottom line that matters. The royalty deals this company expects make the end product way over priced comapred to conventional manufacturing.
Hate to pop your bubbles. Unless managemnt gets thier act together, which they won't ...note past history, in the real world this is just an over inflated stock with no where to go but down. You will lose money when nothing happens in the next six months.
Stock should be trading in the low twenty cents mark. Not where it is on misinformation. I doubt there will be much demand for a product that is over priced at manufacturing level...needless to say at the retail level at a higher price than a competitive product already with consumer loyalty.
Only people making money here are the two Management level jobs. They keep hoping new product patents will keep stock high. No manufacturer is interested in procducing products for rediculous amounts of royalties. It costs millions to revamp a plant to pay higher royalties then using copper or other conductive materials. Now what about the environmental issues of recycling the byproducts. Conductive plastic will fill landfills and not be recyclable as I understand it..could be wrong but don't think so.
My opinion based on 4 years of research is that it is not going anywhere fast. In another few years, it might start being used by manufacturers after the stock bottoms out and management is brought back to the reality of their situation.
SELL and save yourselves lots of money and time...5 years from now it will be a different story but what are the odds of that...not very good.