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Microcap & Penny Stocks : REFR Since Gauzy

REFR 1.490

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From: dimtint	11/10/2025 8:34:02 AM
	1 Recommendation Recommended By N. Dixon Read Replies (2) of 1664

Two follow up cc questions answered from JH my questions below. To: me · Mon, Nov 10 at 8:17 AM I think what's different here is that the price targets were set based on lower cost alternative technologies. In the past the price targets might have been higher because of the cars in question or the perceived added value by the customer at the high end and having the better performing technology. On the conference call I indicated some of the factors going into the decision not to have a capital raise at this time. Joe -- Joseph M. Harary, President and CEO Research Frontiers Incorporated 240 Crossways Park Drive Woodbury, New York 11797-2033 Tel: 516-364-1902 ext. 220 or 888-SPD-REFR ext.220 Fax: 516-364-3798 Email: Harary@SmartGlass.com Internet: smartglass.com "Can Your Glass Do This?" Hi Joe, I'll post your response, if any, on a public board. Many times in the past, you've said that SPD has met the price requirements for adoption and that SPD was specified for particular models--many of which then came out with PDLC systems. This cc you said that SPD was able to meet the required price targets, and so maybe price was no longer an issue. Is this somehow different than in the recent past? Or is it some kind of an incremental improvement that perhaps gets us closer to a tipping point of mass adoption. You've often said that it's best to raise money when you don't need it. AFAIR, the auditors start threatening going concern letters at these cash levels. Is the language around capital raise a signal that you expect a jump in sales or simply a face value statement about the auditor position given burn rate. Thank you

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