GLCP P.S., Was running on battery last night and had to make it quick, so some more background,
The excitement on GLCP, started before the penny pumper dumpers showed up. They came in the middle of the party, and were "Challenged", by myself and others. I posted their record and the abysmal performance thereto.
IMO, had there been no RS and progress on the PRODUCT (Airlink) the share price would be much higher. It was during this time that the test sites expierenced problems with the product (at least the discovery of said)
The concept of Airlink has exciting prospects. It is a technology that is in use on a commercial basis by many utilities, My wife works for a major utility and they use a similar technology at their distribution stations. The advantage is that they have a constant and unlimited power supply. It is not practical at this time for residential use, but if it does, the utility can achieve MAJOR cost savings, buy up to 90% reduction in meter reading costs, and for a bonus, be able to monitor utility demand as well as detect problems. (Demand is a big issue, particularly with electricity, large consumers like steel companies pay big premiums for usage over certain levels at certain times of the day. I.e, it is cheaper to charge an electric furnace at 5am vs 5pm)
Thats where Airlink comes in; low power, long distance communications over the airways; if they could just get the radio to work. It is my understanding that transmission distance is less than 1/2 mile at this point. Needs to be at least that if not more. FCC approval should not be an issue, talked to cheif of approvals of FCC me-self, who would not comment on approval but reviewed the technology and discussed it on a non-product / non-company specific basis. He says no problem.
I am keeping an eye on it, imo, the price has a bit more falling to do. But before a buy, first, the company must perform, and the management, well, otc is a risk anyway. |
