Gooch you can dredge up the past, but I think we have gone far beyond that. We have the first x-ray breakthroughs with more to come this year. This is not the boy who cried wolf as you are making it out to be. In all these years, we never had articles from third parties saying we have a breakthrough. This time its real. I suspect that other people have your attitude, which explains the current stock price. JMAR's earnings in the past are not anything to compare to the future earnings. The future will have high margin JMAR patented x-ray sources, Brightlight, and programmable chips as the mainstay of growth, instead of the lower margin low revenue sales that we have seen. The growth starts now.
Yes, these technologies have been delayed and were expected to be in earlier years...so what. Look at where we are in the present not the past. To live in the past is to make the mistake of seeing the future. JMAR this year has introduced the Brightlight, and made major breakthroughs in X-ray. That is where we stand. Not the promises of the past, but reality of the future.
**I acknowlege that JMAR's R&D has been partially funded by the government, but it also put a great deal in itself, the new hirings, etc.
--Bilberry |