If he had, his cajones would now be flatter than a pancake...even flatter than a crepe wrap! LOL! LOL! LOL!
Where or where have all the bashers gone, ....
Their percentage of ownership will decrease when the IPO occurs because of the convertible note which converts to stock and makes RESN debt free.
Some large blocks (e.g. 67,700) have sold at/near the daily highs ($3.50+). Good positive indicators.
It seems as though our new resident basher/slammer GBushwannabee got things backwards so I thought I use the reverse of his subject as my subject!
Hey bushwannabee, don't get too excited. You might have a hissy fit if you aren't careful. Just in case you haven't noticed the entire market is down except GLD SLV and SCON (among a few others) which are still GREEN. That's a very positive indicator, especially when your boss is trying soooooo hard to drive the price down! LOL! LOL! LOL!
GOD! These bashers are sooooo stupid!
Mr xiashahou2015 who has made all of 2 posts [made just for SCON - which proves how desperate the shorts are getting] is just another alias from our favorite basher hedge fund!
OUr GeorgeBush wannabee is really getting squeezed in his cojones...at least his boss is...that's the hedge fund that pays him pennies a post.
I love to watch the really frantic posting of the paid slammer/bashers as the squeeze tightens......Just LOVING IT! LOL! LOL! LOL!
Hmmm I wonder where our UNMASKED IDIOTIC LYING TROLL has gone...and his lovey dovey lying buddy the "fool".also...
The posting style can't be masked. The only thing we are missing is the profanity which Yahoo has come down on very hard. He talks big, but like the appendage between his legs, he is really nothing at all. He can't afford to eat in a real restaurant on what they pay him. LOL! LOL! LOL!
Idiots like this with false visions of grandeur! What a joke they are... We all know that a hedge fund is manipulating the stock price and this joker is nothing but a paid stooge! And a lousy one at that!
I'm not mad over anything that idiots like you say you've done. Your lies are too obvious. Grow up little boy!
Care to explain how you sold at $3.60 when it never hit that level? Did you realize that later, and then changed your story to shorting it at $3.50. In any event I doubt you have the cents (double entendre) to short anything!
The only thing that you've held in a bag is #$%$"!
Don't you mean your boss is shorting it and driving down the price to take advantage of the next big jump?
Phase 1 =initial evaluation and testing of the HTS wire and its performance. (wire from multiple vendors possible)
Phase 2 = evaluation and testing of the HTS wire to a specific product application (wire from only 2 vendors likely)
Phase 3= The selected vendor's wire will be incorporated into the customer's product design and the entire product will be tested.
Phase 4= Production HTS wire will be delivered to customer specifications tailored to the product application.
SCON is in the process of building the production machine capable of producing 750 km/year. It will have to be tested and tweaked to get it up to the production capacity. It could be ready by this time next year, but improbable that it will be ready before that time. Positive cash flow will depend on the demand and the ability to meet specific customer requirements. I wouldn't project solid revenues until late next year to be safe.
The 100meter machine which was discussed in today's PR was supposed to be ready to make 500A/cm wire in August 2012, approximately 20 months ago. As with anything new, Murphy's Law prevails. The scale up from a 100 meter to a 1000 meter machine should be much smoother, but Murphy always manages to sneak in somewhere.
IN recent calls, JQ indicated that the 750 km machine would provide up 40 Million revenue per year at current estimated pricing. Pricing will vary depending upon application and wire Ampacity.
I want to point out also that the language of the PR ("Fully loaded") indicates they are now producing high quality 100 meter lengths with significant Ampacity. Still not yet at the 500 A/cm but higher than any figures I've seen from any other manufacturer.
Got to run will comment more later today.
Yesterday's big rise has prompted those who got in cheaply to sell today. There have been a number of large block trades early. Let's see where the new support level lies.