He has the accessed the technology, he has made the claims re timelines for revenue, he has set up “deals”.........the only important ingredient missing is..........does the technology actually produce commercial benefits to the customer in a BATTERY!
I invested on the communications that he and his company made in terms of their story.
So now I wait to see if he has the capacity to relate the technology to the market place or is he just another entrepreneur playing the micro cap game.
I believed him...
If he is an opportunist business person and fails, I do my cash and he does his credibility. If he is the real deal and makes it happens I win and he establishes his name as a successful businessman and makes serious money.
its up to him really. If he succeeds my investment will increase, if he is bullshit I do my money and make sure I do not cross paths with his company involvements in any future investments.
Simple.
UTR Price at posting:
1.0¢ Sentiment: None Disclosure: Held