Post by
AucontraireII on Oct 21, 2023 10:27am
So where
Do we go from here, anybody? First of all thanks to mnf and zembala for their unique insights. Does anyone see a good outcome for the common shareholder? It certainly seems now that our money has been used to bring the project forward.... whether this has been intentional or accidental, I don't know. But with so much left to do before there's any profitability and with a total lack of credibility, debt etc....I don't see them moving the ball forward much more. Add to that lawsuits and even the possibility that the process has not been completely rid of bugs which lower the quality of the product. But even if they do have a solid process I don't see a good result for us. Maybe this has been the plan? Develop a process and then take it private? I have no idea. I remember stockprobe being so giddy when the metal was first made like that was all that was required and nothing more. Never mind how do we grow this into a profitable company for shareholders' sake because ....damn it.... the metal has been made. Enough! This always struck me as an insider hinting at the way they were thinking and that is, sorry suckers, thanks for the money. We made the metal and now it's time for you all to exit. I could be wrong.
If the process is real and it is profitable to operate, it will go somewhere and make somebody money, but I think for us...fuggetabottit. I certainly hope I am wrong. So does anybody else see how we can make a comeback?
I always thought that one reasonable hope, a straw in the wind, was leasing the technology to a skilled and well heeled partner like, or example, Alcoa or any other producer of specialty metals with sufficiently deep pockets. It obviously has to be a collaborative effort given the amount of money required which can never simply be raised in the open market from schmucks like us. So partners like Tesla and others, use your imagination, could have helped by getting some exclusive rights, but when this didn't happen we should have known that there's more to the story than they are telling....