"the whole idea (2 years back) of the licensing theory was to get third parties to get commercial machines up and running, based on 3DM's prototype, thereby reducing development costs"
Yes
AND pay a 10% licence fee.
10% is a very large take.. if the product is wildly successful it is of course fully justified.
If, however, no-one puts the product into commercial production, then 10% of nothing is less than 2.5% of something..
Behind all the verbiage I am sure there is a commercial product somewhere and I am sure the new CEO will focus on that : whatever it is. Until then it's either yachts or fenceposts or recylced medical waste or houses or parts for Ford or pick up cabs or....
Focus? John Prescott knows more about focus than the management. imo.