china discussionWe have probably all bought something made in China over the last few years. I've had some experience with a Chinese made diesel engine. It has a ways to go but over the last 1 to 2 years they have made tremendous progress. Point is, they are not ready to copy a complex system like cwi's yet. It is only Demers' posturing that claims the technology to be unreversible. But, I would not rule it out in the future. I don't hold much faith in an mou. Signed, sealed, delivered contract with numbers would be much better.
You mention the "Buffet Way", bags. I don't believe Buffet would hold wpt now or in the near future. Reason: he likes undervalued companies. By definition that would mean they have or have had earnings (everybody is entitled to a bad year or 2). But then again perhaps he just is unaware of wpt. You should phone him and tell him about this company that has no profit, likely won't for some forseeable time, and is running dangerously low on capital to fuel their rather extensive burn rate. Remember, cash flow positive (our near term goal) does not translate into profit.