It seems as if the wait for the other high end cars is dragging on a bit to long. I offer the thought that Mercedes may have cut a exclusive deal for SPD for an extended period of time. If this is true then only Joe, who still draws a big paycheck and perks, may the the only one not impacted by what may be a very long wait for the other car companies to join the SPD ranks.
Mercedes will build and sell low numbers of cars with SPD windows. There will be sales but not enough to generate big profits. Small profits that will never flow to the REFR shareholders.
Airplane windows will also never yield big numbers, there aren't that many airplanes.
SPD still hasn't found the mass market that will generate big profits. Windows in high rises, if that market ever develops can generate big profits. That market still hasn't come to pass. But there might be a real problem in the buildings market since home skylights seems to have never happened after some examples were discussed.
The retrofit car market has never come along, and that could be big, since there are a lot of cars already on the road.
Just some thoughts on REFR and those of us who hold and pray.
22M shares at $10/share = $220M/cost of aquisition
22N shares at $15/share = $330M/cost of aquisition
22M shares at $20/share = $440M/cost of aqusition
If the various income projections used on this board are even close to reality than a Sovereign Fund or a buyout Hedge Fund or China buyout of REFR would position them to do what they like to do best, make a lot of money..
OK, so what is the takeover price?