Good post teeskay, there's no doubt the SP got ahead of itself and yet at 2c it has a MC of $20M and the MC was as high as $50M - for a company with no earnings and two different businesses both pre-commercial. With minimal scanning you will find dozens of charts of stocks in the pre-commercial phase that look just like that. Thats the roller coaster LT investor must patiently sit on (while traders of course only ride part of a sngle wave).
Chillout, you raise a bery good point about research funding so I think its worth banging on about this subject. There is a ton of government money out there if you fit certain criteria and I would think SHE would qualify for any one of a number of remewable energy related grants. If anyone is interested check out grantguru (free to sign up - disclosure I have no affilation other than as a user) or similar site which aggregate all federal, state, local and other business grants and you can see how much is out there. Far better to get governmentfunding than to keep tapping on the shoulders of investors.
Cheers, Sharks
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