Thanks for your reponse. I see piles of dirt around the country in various stages of soil remediation, and even called the association of electroplating industry once, and they are literally crying for someone to help them meet new pollution and disposal standards. Why doesn't Commodore have an army of salespeople out their proposing, and then installing new systems?
Either they are still too busy fiddling around with stock manipulation and financings, or their tech is still on the bench in the test tube. Maybe they have already approached all of the 10,000 businesses out there, and they are all stalling, ...but I'd bet they aren't all.
Seems to me that if we would begin seeing $1 to $3 million PER QUARTER increase in revenue, the stock price would take care of itself, as well as the need for cash. Maybe they are content to let the tech stay in the test tube while waiting for the BIG DEAL to pop.
Perhaps now that they get a piece of the $40 million, there will be some cash to tide them over until they can actually sell something.
But I keep wondering if there isn't the will on the part of management to play to the needs of the very industries they so clearly have identified in their own reports as being their target markets. It just needs to get off the prospectus and into action. And this, I would argue will take a manager who knows how to commercialize the tech. They have been saying it, but not DOING it.
Hopefully, something will happen in the third year coming up. Shareholders can't micro-manage the company, but I wonder whether anyone as ever clamored for specifics as to what it would take to begin installing systems at industrial plants around the country.
Russ |
