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home / news releases / OPTT - Ocean Power: Could Come Crashing Down

OPTT - Ocean Power: Could Come Crashing Down

Ocean Power Technologies Inc.
  • Ocean Power Technologies is currently moving out of the R&D phase of its business cycle to now focus heavily on commercialization.
  • The company does not have a Gross Profit rather it has a Gross loss. The company is losing money on the cost of materials on every product sold.
  • The company is a "going concern" risk and may run out of cash soon. At the very least current investors should expect dilution.

For further details see:

Ocean Power: Could Come Crashing Down
Stock Information
Company Name: Ocean Power Technologies Inc.
Stock Symbol: OPTT
Market: NYSE
Website: oceanpowertechnologies.com
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