At this point, it's disappointing to see the slowdown in revs over the last few Q's and I begrudgingly accept EFL's explanation regarding Raymond's time required to train and educate the global sales force on how to go about selling the new products. Sales should start ramping up substantially over the next few Q's if this is indeed true. Although sales were disappointing, the quality of the orders they did get are very impressive.

If I read the tape correctly, it appears some players are loading up again through this lull. Which would make sense as the bashers (shrimp) are back to do their hatchet job on Stockhouse Board.

Based on the unexpected slowdown, it would appear the Nasdaq listing will probably be pushed back 6-12 months until sales momentum gets back on track. SP will have to move back up, ... and stay up.

Also, my guess would be their Canadian Financial Institution will continue to finace their cash requirements as long as Raymond is involved and sales start tracking upward again. 

The bus battery must be close to some bigtime orders. Remember, they had already done a lot of research work back in Europe years ago. Remember the spike through the battery test EFL claimed (if I recall correctly) they were the only product to survive.