Weeks becomes months then becomes years, but while you wait, STI repeatedly dilutes, which eventually requires a reverse split, then repeat the cycle, has been working for 29 YEARS. Why change a winning (for management) strategy?
Remember when STI was promising 1,500 Km per year 2011/2012 in STI Investor Presentation May 6, 2010.
Wire Volume Production – Phase II – 2011/12
» Class 10,000 Clean Room - 5,000 sq ft
» Gen 1 Production units – 2G HTS Wire, IBAD, SDP, slitting and lamination equipment
» Capacity: 1,500 Km of 4mm wire per year
The boilerroom scamsters are desperate, anyone can read the 2015Q4 SA transcript, JQ, "Our efforts remain focused on completing the previously identified mechanical stress test for our target applications. During recent lifecycle testing with key customers, we have determined that we must improve the mechanical strength of our Conductus wire prior to adding the final finishing layers of silver and copper."
What are STI "target applications", per the last Q, "Our initial product roadmap targets three important applications: superconducting high power transmission cable, superconducting fault current limiters (SFCL) and high field magnets. "
STI didn't ship any wire in the last Q as reflected by "no sales of our Conductus wire were recorded", get use to reading "no sales" till Chapter 7 is filed.
[Reply to Reverse Stock Split VOTE - March 2013 by warren06 •Jan 22, 2013 5:43 PM
calrenwick • Jan 23, 2013 9:56 AM
"I suspect this is a precaution. The expectation is they will announce 100M lengths before then and perhaps a deal with a commercial partner. The share price will easily rise over $1 on the news."]
Less than TWO MONTHS after this calrenwick shill, 1:12 R/S implemented.
Mask is incorrect/lying once again. Also I referred only to his quotation which is specific to power line conductors where JQ addressed both performance and mechanical factors. Moreover using quotes out of context leads to mask using deceitful tactics to support his lies. And what heck is a "SPCL".
From the 2015 Q4 transcript:
"Bill Lapp: I'd like a little more clarification on the stress test for the wire, is this for all applications or just the fault media?
Jeff Quiram: The primary application we’re focused on now on these stress test, Bill is for the fault current limiter" (aka SFCL meaning Superconducting Current Fault Limiter)"
The fact is that power transmission cables have different (less severe) mechanical stress requirements than do SFCLs.
Mask continues his deceitful and misleading tactics to support his lies.
Ask yourself why would losers like mask and d_o_r_k_headjohnson endlessly post about STI. The answer is simple (and also the reason why sconroller and all his aliases does too): They are paid shills/bashers.
The boilerroom scamsters are up to their old tricks of impersonation.
Using impersonation proves this board is infested with boilerroom scamsters pumping a scam stock. Legitimate posters are limited by YAHOO to two aliases, but boilerrooms scamsters don't have this limit, as they circumvent this limit in numerous ways.
Readers be ware, when one sees impersonators, its a sure sign a bogus company is being pumped.
Per 2015Q4 SA EC transcript, JQ: ..."we have determined that we must improve the mechanical strength of our Conductus wire prior to adding the final finishing layers of silver and copper."
Notice JQ didn't limit this "mechanical strength"/delamination failure to SPCL, only wire that needed "finishing layers of silver and copper", which is all applications.
Notice I refer to the EC transcripts, lying boilerroom scamsters using impersonation just out and out lies, but that's what boilerroom scamsters do.
I appreciate that. I truly couldn't find any info. And thanks for the assist in finding it, But I'm not the enemy.
Actually my boy, tis you who are lying. The area where STI is having difficultly is for current fault limiters and not "power transmission cables" which was the area in which JQ cited success. Such an obvious misstatement such as your must be a lie. tsk. tsk
Thanks for the clarification, bgrubb. You cast a veil of suspicion on yourself by using a new name (created today) and asking for help to find information otherwise readily available from several sources.
I think not, Cap. Been watching this stock for years, actually. And understanding Generator and Motor rewinds as I do, this is a very interesting stock to be tabs on. Bought in at 17 cents, so I have not lost "97%" as most of you have seemed to have done.
I actually work in the industry and understand the far-reaching benefits of an HTC wire. And I can tell you first hand that Areva, GE, Westinghouse and other big market rewinders are looking at this company with coveting eyes.
Some of you on this board seem to only want to bash, no matter who or what the comment. Some of actually have had entire conversations with yourselves without anyone else commenting. Some of you sound like intelligent, financially minded investors, while some of you are from either. The past comments about "Beast Wife" and "Pulse Bar" show your immaturity.
But I wonder how you made the jump from asking a simple question about the vote somehow vaulted me to the of the line of Bashers? Your dot-connecting skills need some serious work.
As for the wire, I have no doubt that this technology will change the face of the electrical world as we know it. And I think that STI is closer than anyone else in the world in figuring out how to manufacture and distribute it. It took 83 years of failure to create a successful light bulb, gents. Lots of failures. But it finally worked. I think they're closer than everyone thinks.
Yeah, I'm kinda tired of the "weeks if not days" double-talk, like all of you. But I'm in for the long haul. And when it hits, I hope all of you make your money back.
How's that for Bashing, Cap?
Hellooooooo Jeffrey! Anybody home down there? Tell us what do you and your associates have been doing. The investors who own the company would like to know.
Giving hand jobs under the bar? We grieve your loss r2d2. Should have stuck to pleasuring yourself outside all boy schools I suppose.
Sentiment: Strong Sell
Yea sconroller, I cannot think of a single reason why S(CON) should be bashed - can you? Get lost already fraud boy.
Sentiment: Strong Sell
Good point, game, but the RS voter approval was a remedial step required by Nasdaq to get the last 6 month extension. It doesn't necessarily mean they'll do it ... if they really do have the wire problem fixed. Quiram needs to be more transparent.