Pink-Sheet Blog on Conforce Update

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jackfree

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Pink-Sheet Blog on Conforce Update

posted on May 22, 2008 08:44AM

Bruce runs a pink sheet investment blog and has been investing in CFRI this is his evaluation of the latest update.

"I've spent many years in new product development and I know that it takes forever to get from a viable prototype to significant revenue. The delays with CFRI don't surprise me in the least. There may be additional delays. Given CFRI's experience in the industry, I suspect a total outsider like BASF would experience even longer delays in fully understanding and meeting customer requirements.

Having 900 TEUs in field trials is a good sign. Customers are serious about the product.

The value of success with CFRI is big enough that waiting an extra year or two doesn't change things."