Ann: Preliminary Final Report , page-5

All good points, though it takes forever to get a customer on board. They have to go through a small trial of 6-12 months. Then a larger trial for another 6-12 months and then negotiate a reasonbly sized installation.

They had previously been at the stage where major potential customers had told them to "prepare to negotiate" and then pulled out at the last minute.

IMO it will be worth missing out on buying in now because HTI will either become a 500m company or go broke. Right now the risks are too great IMO.

So buying in at 10-20m market cap is still going to see you make substantial gains on any future investment.