SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : THE OZONE COMPANY! (OZON)
OZON 11.600.0%Nov 28 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Aishwarya who wrote (1177)11/6/1997 9:35:00 PM
From: Jeffrey L. Henken  Read Replies (1) of 4356
 
Sri my money is certainly on the line in this one. So of course I think and hope it's poised to take off. Unfortunately I have no insight into when the next press release will be released. Soon? I certainly hope so and I will say that it has been my experience that most companies seem to release a number of press releases within a short period of time. Hopefully we will get something substantial in the way of a contract announcement. But I have to agree with you that the funding recieved today probably has nothing to do with expected R&D or production costs. My best guess is that funding for all ongoing projects will be picked up by the company's partners or third parties.

Let me explain. In the case of the aerospace polymer for instance potential applications may be lucrative enough that Foster Miller would be willing to underwrite all the associated startup costs. More likely if the polymer has shown enough promise as an aerospace material an interested party, say NASA for instance, might pay for testing for whatever use they have in mind.

I'll admit I was a bit confused by your last post as to what you were asking so I hope I helped answer your question(s). Regards, Jeff
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext