Fred:
Thanks for your SI comments.
Would you be willing to explain the following statements, taken as a whole, that you have just made on SI? It would help me with my continued due diligence on my investment in this company.
Reply #3750
a. "Don't discount my chums at EVRC and their NiZn. They are well financed and have deeper pockets behind them than we. They have an impressive array of executives…"
b. "…we…(ECD)…are already leaders of the pack (ahead of Lion, and waaaay ahead of NiZn) on VOLUMETRIC storage of energy…(wh/l)..."
Reply #3752
Reply #3752 referred to CD-RW, but to me ECD's business strategy is the same for all its product lines.
a. "…coupled with the posts about CD-RW taking over the ZIP market maybe we can get on with some standardization, some VOLUME, and some ROYALTIES…"
My specific questions are:
1. Why, if ECD's batteries are way ahead of the pack, is ECD not better financed and have deeper pockets that EVRC?
2. When do you forecast earnings per share will turn positive? Could you be quantitative in your reply?
Lest some company analysts on this Silicon Investor Board consider earnings not to be desired at ECD, let me point out that by having earnings ECD would be able to self-finance its social goals of a cleaner energy supply and cleaner cars for our planet.
Royalties, in volume, would allow ECD have strong positive earnings per share and, therefore, to be self-financed (with equity using retained earnings and with debt using corporate bonds…etc.). By self-financing here, I mean ECD using its own balance sheet and cash flow as the basis for getting equity and debt financing and not self-financing the firm just out of retained earnings. Self-financing would allow ECD to become better financed than perhaps even EVRC.
I appreciate your comments.
With kind regards for a nice summer.
Michael
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