Friday, September 9, 2011
Talked with the WDRP
I have been thinking more about my conversation yesterday with IR and I believe there are a few more things to note. In my own line of work the question is often asked, "what do I need to be afraid of?" or "what is the worst that can happen?". So that is what I asked. The two obvious answers are: Robert Simoneau taking his invention elsewhere and/or the technology just not working. In regards to the second, I didn't need too much more information because we know that they have moved forward with the development process based on positive evidence shown from tests already accomplished. The first heat exchanger that Robert designed was successful enough for continuation. In fact, in continuing the heat exchanger was made even better, for which they filed two more patents. In regards to Robert Simoneau taking his technology and brains elsewhere, I was reassured with the information that Robert has signed another continuing contract well into next year. This I am told is a standard way to operate. Up to this point, they have signed multiple contracts continuing the process. Robert has been extremely happy with Wanderport's business plan and how he feels it will move this product forward. We are within a few weeks of the efficiency numbers, the new website and the announcement of the trade show. Positive outcomes will no doubt move the price per share in the right direction and I hope you are ready.
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