It's incredible reading this thread and taking the blatant ramping by some as anything other than a joke. There have been many CRs over the last 5 years, and everyone that participated in any of them is losing money, yet here is the company again gaining capital the only way they know how, by milking investors.
Every prior Cap Raise has had the same 'hope', 'wish' or 'feel' of the bigorder just around the corner, yet all that happens is more of the same. The odd sale here and there with no real consistency of orders. Always another big customer with potential for 10,000 units buys a few then seems to go quiet.
Somehow there are people still posting that this time will be different, using exactly the same arguments as last time and the time before that.
The company has one product that is way too expensive for what it is, a simple(not so simple) generator that runs efficiently on gas. It is not particularly green as it relies on gas, with figures coming out that show that if you include the losses to the atmosphere of the methane, added to it's 27 times more effective heat trapping than CO2, then use of gas does nothing for climate change 'savings'.
We all do some of our money on a dog of a stock from time to time, for me this said woof over 5 years ago when it got it's marketing and sales price all wrong.
Good luck to anyone that does take up this offer because you sure will needit!!
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