The company will have way too many shares on issue.
On this basis alone they have no hope of making money for shareholders.
Will need to consolidate sooner or later, and as in almost every case, shareholders will lose capital value.
With existing cash the company has and cash to be raised, it is still a trivial amount in the scale of things.
Must admit I don't fully understand the technology.
But if it's that easy, they won't be the only players in the park.
Revenues will ( if they ever eventuate) be a long way off and on an eps basis on their issued shares, will be meaningless.
