We had a recent pump and dump on the back of BIT surging. The company seems undervalued where it is now with a market cap of 10 million and an almost commercialised product. I don't think there is much doubt that the Felix works, they are just getting confirmation from industry. It's not like a drug undergoing clinical trials to see if it actually works, it's more like a working product being sent out for industry to try out and see if they like it. What would be really valuable is knowing how much cash they've got left - does anyone have a guesstimate?
What is driving MEM Share Price?, page-82
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