RE: Westaim is NOT a development companyWhat makes a development company vs any other type of company?
" The technology they are touting is not even close to what others can supply for less money and we see 50 inch screens now at less than 2200 Cdn and they are still saying the same old thing, pretty soon. Down with a vengance tomorrow "
Which technology are you refering to ? The 50" screens you are refering to are no doubt projection T.V.'s which don't hold a candle to LCD or Plasma, which again don't hold a candle to iFire technology. True there are a couple of new T.V.'s out there that are using a mixture of technology's but from what I've seen none of them compare to a plasma screen. I have not seen an iFire screen but judging from the specs. it is going to be awesome !!!
Anyone in there right mind would not have expected to see a positive balance sheet at this time. And what we see is better than I expected.Even if corporate costs where up, they where explained.
The thing I really like is management putting their money where there mouth is and seeing the volume/accumulation numbers still rising even after the IPO. This tells me people are buying and holding as they see the light at the end of the tunnel.
John