Post by
Eric69 on May 11, 2022 2:40pm
NHHH- a Crossroads coming
Until someone independent has verified that Fuel Positive stock really has a technology that works, and a working proptotype to seen working, this stock is unfortunately going no where. I say unfortunately because I have a pile of the stuff. The other caveat is the track record of the predecessor company, ZENN/ EESTOR whoe track record on develping a capacitive battery technology, then super capacitors was all bad. A lot of money was raised, but there never was a viable product, only promises. Whether this was all a fraud, or good intentions gone bad is a mute point. The track record is as it is. Finally, there may be anissue on the patents supporting this technology, as to ownership of licernsing agreements. It is unclear based on news releases , which od course may or may not be the real story.
Lets keep our fingers crossed. One bad sign, would be NHHH going out to the market for more cash beore the release of a working prototype. Now if the prototype works, and the cost model works and the stock rises up into the $1:00 to $2:00 range, then more money would be required. Self-finacing from internally generated profits would be a very long haul indeed.
Comment by
Riskitbiscuit on May 19, 2022 2:11am
The first demonstration unit is supposed to be "fully validated" and deployed at the pilot project late summer, 2022. Who is selling shares at this point?
Comment by
bayoubucks on May 26, 2022 11:37am
When is "late summer" in Canada? That would be Sep in the U.S.