This an unfortunate start to the year and a bad kick-off for the new CEO. It stinks of Fairfull for sure. Badly executed, badly managed. There would have been no harm in putting out an official news release once the baseline testing was complete. If anyone else is currently testing at CARB it's not going to make a difference either way, and if there's not a line-up of competitors I don't think it would cause one. You've either got a H2 system to submit for testing or you don't, simple as. They missed an opportunity for market exposure whilst showing their incompetence. It would have also given Jerry something to drive home at The Richmond Club, now what's he got?
As far as SP goes, the only time I've heard $100/share in the past was from Tom himself. I can't see $10 either, but $5 isn't out of the question. However, just having a certified product isn't going to get it there alone. It's time that this company hired some real savvy people. Clearly those who have their hands on the controls right now way out of their respective depths.
There's lessons to be learned here Jerry. I hope you're listening.
All the best,
Rich