From Reddit:
$Crown Electrokinetics(CRKN.US$
As many of you know, Crown has been working towards achieving a path to develop its embossing master for 12-inch-wide film. The path that Crown embarked on quite some time ago involved combining its internal techniques with the efforts of its European vendor. I'm keenly aware that Crown has missed deadlines in the past, this communication is not meant to be an excuse, but rather an explanation. Crown is attempting to create something that has never been done before, technical discovery can often be inherently unpredictable. Crown has had many factors that delayed our mastering development, but with the delays came critical learning eventually leading to progress.
I am happy to announce that Crown's EK film team has solved the 12-inch mastering challenge for its "Gen 1" smart window insert. While some minor refining is required, including some tooling replication, Crown is in a great position to start shipping first product in small quantities in July! The big bears are banking on us getting scared and screwed. Don’t be a bear !!
As many of you know, Crown has been working towards achieving a path to develop its embossing master for 12-inch-wide film. The path that Crown embarked on quite some time ago involved combining its internal techniques with the efforts of its European vendor. I'm keenly aware that Crown has missed deadlines in the past, this communication is not meant to be an excuse, but rather an explanation. Crown is attempting to create something that has never been done before, technical discovery can often be inherently unpredictable. Crown has had many factors that delayed our mastering development, but with the delays came critical learning eventually leading to progress.
I am happy to announce that Crown's EK film team has solved the 12-inch mastering challenge for its "Gen 1" smart window insert. While some minor refining is required, including some tooling replication, Crown is in a great position to start shipping first product in small quantities in July! The big bears are banking on us getting scared and screwed. Don’t be a bear !!
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mindwork OP The Only Way is Up : Crown Electrokinetics Issues Letter to Shareholders