"NASA wanted controlling interest in the technology"
Lamar, You have made many asinine claims about the revolutionary technology that Redox has but this one might move to the head of the class. NASA is merely a governmental agency, they control no other company's technology as they sub-contract nearly all of their work to companies such as Rockwell, IBM, etc. They don't have control any of these company's technology but you want me to believe that Redox is so unique that they don't have to resort to the likes of IBM, Rockwell, General Dynamics,etc. Let me see if I understand you....IBM is one of the world's premier companies with their stock trading over $100 a share and REDOX has revolutionary technology that no one will loan them any money to manufacture, they have zilch money in the bank and they are in a position to tell NASA to take their CONTRACT and "shove it". Lamar, just in case you have forgotten....it has been nearly a year that has REDOX has promised funding. The last time they said anything it was coming within thirty days. All the other news release that promise so much, wouldn't it be normal to give the names of the other companies that they are on the verge of buying their technology, so that any normal investor could check it out? By the way, how are they going to pay for these submersible motors? Darn! I forget. It is your money. |