Litarion will be out of money sometime in the first half of next year without some large and or a numerous amount of contracts. The payroll of some 150 people including 10 Ph.Ds and many others with Advanced degrees is enormous. As such, the market will not wait until the money is gone before the stock sell off will occur. Its now over the 2 months since the line that Andy drew in the sand, some sizzle but not much else.
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I am going to wait to see what the quarterly report indicated as far as revenue. It wolud be nice if they had a product to sell though. I am also waiting on December for partner announcements. Between those two, the price should not sink very far. There is no telling what Daimler will do next year, but it must be something to earn the exponential revenue expected next year....but you are right. Now it is all mirrors and hope for fork lifts.
Sanker must be expecting this thing to take off. It looks like he hired the next CEO to take a look at for a few months plus he needed a good CFO to get the multi nation finances straightened out. It was evident Paul Hart was over his head.