This is very good news. Now hopefully there will be two strong SP drivers, lots of news, and a faster path to funding and commercialization.
The very reason I'm invested in SHE is because I can see the potential for quicker commercialization of the design, the world's need for power delivery in the format that Protean WEC delivers (transmission is one of the largest costs associated with power delivery, and having the generation closer to the consumption on coastal cities is perfect. BTW carting of diesel is "transmission" also!).
With the arrival of Brendan Hammond, I don't think there's a small-cap out there with better potential and a stronger person at the captain's spot (my opinion only - DYOR).
Despite the bloodbath in China and European woes, I expect SHE to make another positive run coming up with the KORID transaction completion and hopefully other Protean related information this month.
As someone who was personally invested in PDN from the start (I believe it was 2c average) and sold at ~ $10, I know exactly what kind of profits this type of stock can bring.
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