Bombs away

Quite possibly the most fascinating licensee REFR has ever had (and continues to, to this day), is an outfit called InspecTech Aero Service, out of Fort Lauderdale.

Just to give a preview of coming attractions, a quote from REFR's 2002 annual report:

"More recently, InspecTech won an order to provide SPD windows for the Bombardier Challenger, an intercontinental business jet with a wide body cabin."

Two years later, there is no evidence that there is or ever was any relationship between InspecTech and Bombardier. The promoters are presently attempting to make the claim that there was no implication that the order was with Bombardier, but rather that it was merely for some number of Bombardier Challenger jets. Not to put too fine a point on it, but, yeah right.

This is a prime example of the pattern the promoters follow. Play anything with a resolution date in the future as "the big one" that will launch REFR into the stratosphere. Then, when the date passes, reverse course and claim nothing meaningful was ever implied nor expected.

It's all deliciously dishonest of them and I intend to feast on their disingenuity for a long time to come on this blog.

As for InspecTech, the Bombardier "order" is merely an appetizer.