I was under the impression that the ABB contract was a 3 year 10M contract with 1M,3M and 5M the last year. Is that not true? Is there real concern that ABB's committment to BRHI's vision technology is not secure? This would a serious blow to credibility and prospects if not renewed.
Prior discussion with management indicated that the "recession" in auto industry not necessarily bad for BRHI because companies want to downsize labor force with all its costs like insurance and retirement and replace with robots; however, have not heard of any installations in a long time.
again, there seems to be a major disconnect between a technological success versus a commercial one; continued research and development are necessary but we have to more than a developmental company after all this time. From my grandiose dreams when I initially purchased the stock years ago, I would readily accept .25 profit and a 4-5 stock. Does anyone on this board "envision" maybe a bad term or sore point now BRHI selling enough product to net a profit of 10-15M in the next year or 2? Ever?
they continue to raise money and give select "investors" shares a rock bottom prices with options to buy in future at low prices; time does not seem to be the side of original investors.