For comparison on how long to 'siliconize'a revolutionary 'disruptive' technology, have a look at POET Technologies.
V.PTK
Pull up a 20 year chart.
Big potential, and a couple of starts up the ladder, that retraced, and obviously a lot of frustrated longs if in fact there are any original 'retail' types left in the stock from the previous two or three false starts.
At this stage of the game they have about $150,000,000 in Accumulated Deficit.
i.e. they have spent that much trying to 'go commercial'.
And they have issued about 300,000,000 shares in the float to get to this point.
BUT it seems that 3rd time up the ladder may be the 'charm' this time arond.
The fact of the matter is that they stuck to their knitting for over a decade, and look to be on the verge of 'bringing it home'.
For comparison:
Pull up a NXO Long Term Chart (Stockhouse goes back to ~2011)
It has an Accumulated Deficit of $83,000,000
and a float of about 150,000,000 shares.
About 1/2 the Deficit and about 1/2 the outstanding shares comperd to PTK.
But they also are sticking to their knitting.
The 'new' NXO, the one that was reborn out of a junior mining exploration company (Elissa), is only about 6 years old in the 'tech' space.
Yep, a couple of false starts...but all the while making progress.
And as Bezos says 'The company is not the stock and the stock is not the company.'
As to why current management doesn't spend on 'touting' the stock to create trading opportunites for scalpers...because the money is better spent on R&D.
Build it...they will come!
I've been here for awhile..and not going anywhere.
I just wish that some of the non-investor types here whose posts are always blaming management for the 'delay' in getting the next lift-off in stock price would get together and dump their holdings all at once.
A nice knock down through $0.40 should hit all the sell stops that have been/are accumulating around there.
A nice spike down on big volume so that I, and others like me, can absorb their position.
The sooner the better.
After which, I'm pretty sure we wouldn't have long to wait, investment style wise, for a decent return.
DYDD
GLTA
Happy New Year!