i think that last post reflects your frustrations more than the good work gray and his team have been doing. you underestimate the challenge of pushing new technology to companies who have extended decision making cycles. having been on the other end of the table, i can understand.
to be honest, since gray has come on board, he has been very pragmatic, frank and honest with where the company is at. he has also made what would appear to be a couple of very good appointments.
they were far too gung ho in the beginning and ran into some bad luck. things happen. but have a look at what they have done since then to right the ship.
we are very close to a number of multi-million dollar contracts in hong kong, china and the UK....who knows what will happen in the middle east too.
the ground work these guys have put in has to be recognised. unfortunately, we have nothing to show for it yet and it has to be said, not entirely of their own doing either.
metronet/LUL have accepted the solution, seem to be indicating they have every intention of working with HTI further throughout the network and if not for budgetary issues or the unfortunate temporary administration of metronet, we would have a contract under out belts already and flying high.
its frustrating, but lets not sell the company short. in the overall scheme of things, you and i took the risk of being ground floor investors and wouldve reaped the proportionate rewards if it had come off by now. the way things go is that we may get a little less and a little later, but its still going to be good when it comes around.
you know as well as me that if we sort out the cash, we will be just fine.
HTI Price at posting:
1.8¢ Sentiment: Buy Disclosure: Held