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Technology Stocks : JMAR Technologies(JMAR)

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To: Richaaard who wrote (6415)8/22/1998 5:48:00 PM
From: Starlight  Read Replies (1) of 9695
 
Richard - I believe I explained that earlier. The XRL delay was caused because the govt. funding was delayed. Some of the sub-contractors to JMAR who were involved in reporting to the govt., didn't get their paperwork filed properly. Until that was done, the money couldn't be released to JMAR and JMAR couldn't spend it's own money to go ahead because the govt. wouldn't reimburse for money already spent. (You know how the government is.<g> Nothing is simple.)

Britelight, as far as I know, has been going ahead on the low-power demos for R&D applications. The higher power Britelight for XRL is what was delayed.

Betty
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