The on line interview was more informative than others on this MicroCap show. Kelly was very positive, concise & professional in the was he explained the benefits of the systems they have developed, as well as how the integration of Emcore / Entech will enhance their technology & competitive growth. I don't know if all this will work out - at least for the foreseeable future, the contracts, margins, and sales/profit will double every year. They have already hired the personnel (financial and technical) to meet the needs of international demand.
Look at the outstanding qualifications of the newly appointed Officers and Directors...
This document really explains the real world potential of the systems that WorldWater and Emcore are developing. With this weekends new scientific information on Global Warming; the over a barrel of oil for terror and energy independence; the health and pollution costs; the political climate on the Hill; the energy credit system implementation, etc... This all seems very timely.
I am particularly impressed with the dirty energy smoothing module that is incorporated into the solar systems. This keeps spikes from damaging delicate electronics that are a necessity for these advanced systems to function in various modern manufacturing facilities. I believe that it could be used as a stand alone system between the direct normal power grid (that does not have this capability), and the equipment being served at just about any facility....??
Also click on the Idyllwild Water District link at the bottom of the article.
NOTHING WAS said specifically as to when they would have positive cash flow. q.k. was asked about gross margins, responded that 1mw 7.8million acw avocado tree farm had 24% gm and $400,000 fresno state project was 36% gm. q.k. stated the "teams" that do these projects have learned how to be profitable. take it with a grain of salt but they shouldn't have to worry about cash in 2007 imho.