RE: WPT over $2 by Tuesday this time. TechnicalsJim, I basically agree with your take on things but think management is running a bit scared re: hpdi. They are trying to cover tracks made years ago with the hype surrounding hpdi, which to me was clearly their reason d'etre. They regret the term because it hasn't grown to fruitiion as they obviously (and we investors) hoped it would. There was no separate program because it was the only program.
Its not dead, of course, or where would the $ from r&d wpt be going? Now its a matter of developing the market and waiting for government eco rules to legislate the change. Demers had said that gov incentives wouldn't be necessary as the tech would carry itself. Now he says that the legislative change is necessary. To me that says the technology is not as affordable or effective as was once declared. Management is being flexible and thats a good thing.