Thanx as usual
Gary
It remains a tough call. With new technology such as theirs, we need to look for third party confirmation. This is best done by actual sales. And sales here remain minimal. It is losing money, with negative cash flow. It has distribution agreements and has received payments, which will show up next quarter. But these will be small to start. Meanwhile, after a 430% one-year gain, market cap is $220M and expectations are already very high here. Often, sales ramp is slower than expected. But, insiders own 27% and have been buyers. Momentum is very impressive even in a horrible market. With partnerships it does have global potential. It is a tough market for low-revenue small caps. It needs to be considered speculative, for sure. We think it is interesting, but would certainly start at a lower weighting than 2% due to the high risks here.