More than $100 million spent over 10 years and still no commercial product?
Holy moly.
I reckon the CEO knew the game was up after CETO 5 and that's when they introduced the diversification strategy and eventual purchase of EMC.
They knew they'd have to go back to the drawing board on CETO and needed an income buffer to do it, or they were looking at ground zero.
And now we are here.
What a mess.
