Jun. 19 at 3:37 PM
$CLIR Jim Deller has never forecast or promised
$100 million in sales. Rather, in being questioned on the possible upside, Mr.Deller said that the next goal is
$16M in revenue to get to breakeven (he said there is a line of sight). Upon being pressed on the upside on a podcast called “Upside,” Jim cautiously stated that this is “highly speculative so everyone beware but
$100 million revenue is reasonable with what we have today.” He further characterized that as a “foreseeable possibility.”
In reality, Jim might be being conservative as he qualified the
$100M is based off of what CLIR had at that time. I am fairly certain but do not know for sure that the
$100M possibility jumps maybe 2x when and if Clearsign makes inroads with ethylene cracking. I think that is in fact at least “a reasonable possibility” if not more likely than not to be feasible today.
Good luck and be wary. Savvy longs know that Clearsign is a venture capital type play.
