IRVINESULLY, thanks for your fair, reasonable and balanced answer...
I'll try to find out how much they are spending on R&D. I hope it's more than the rent ($600,000+).
One of the problems I see is that any income from the sensors is going to be eaten up by the expenses of developing fuel cells. One cannot reasonably expect positive earnings derived from the fuel cells for many, many years to come.
As I have previously stated, the only people who stand to benefit from the current situation, are those affiliated with the research (Northwestern University appears to be one of them), the landlord and obviously, RAM Capital and Oshinsky the promoters.
To be able to benefit in any other ways, you have to be well capitalized, like Ballard, with some $440,000,000 cash in the kitty, and yet, it'll be a long time before they become profitable, if ever.
When I found about the true situation at DCHT, I preferred to sell at a loss and invest in worthwhile stocks where I had a good run, such as: IMOT, SNMM, WCAP and more recently XNET, VXCH and ZSUN.
I hope your investments treat you well and look forward to meet you on other threads.
Regards, F. Goelo + + +
|
