It’s not the number of announcements, it’s what’s in them.
MNS often announces massive amounts of nothingness. Many of the releases are a few pages of info we either already knew, or “MOU” type situations which aren’t worth the paper they’re written on in most cases (for all companies not just MNS).
The NY delay is a big issue too IMO. There’s no financing set up, we don’t know exactly what’s going on behind the scenes, and as I predicted production got delayed. I bet a couple of users here that I’d never post again if they got production up by mid 2019. My prediction is end of 2020 for the first commercial battery off the line, that’s if they do finally get there. If this ends up being the case, there may need to be a CR in between to keep things moving.
Just my opinion based on the long history of delays with MNS.
MNS Price at posting:
29.0¢ Sentiment: None Disclosure: Not Held