RE:RE:RE:RE:RE:Re Press ReleaseYes drilling fluids were mentioned by Mr. Nazarpour during the Q3 conference call Dumont.
If you are waiting for that development opportinity to begin contributing to graphene enhanced products revenues generation, you should be willing to wait about 4 to 5 years.
Mr. Nazarpour suggested the drilling fluids product development is not as far along as the graphene enhanced insulative foam product, which NanoXplore is trying to work out a commerical agreement with a well recognized chemicals company for the manufacturing of.
What's more, contrary to my previous thinking, the graphene enhanced insulative foam product is not likely to contribute any serious revenues to the NanoXplore balance sheet for quite some time now.
After all, just because Mr. Nazarpour said that the graphene enhanced insulative foam product is further along in the commercial development stage does not mean to suggest that we can reasonably expect anything in the nearer term from said product deveopment or from what would some day be ( 2 to 3 years form now perhaps) a successfully achieved and finally consummated commercial agreement with that well recognized chemicals company.
As you suggested Dumont. NanoXplore representatives have nothing at all "bankable" to share with shareholders and "the street" generally.
I expect the NanoXplore share price would now be made to act accordingly.
Enjoy the ride downward to $2.29 and perhaps much lower ($2.05 to $2.07) during the interim, i.e. until such time as something bankable is actually publicly disseminated by and on behalf of NanoXplore and/or the for now 100% owned VoltaXplore enterprise.
Tax loss selling season would perhaps be "a female dog" for we NanoXplore "minority" shareholders. Be prepared for much of the same from NanoXplore's share price.
Obviously, I hope I am absolutely wrong about this Dumont.