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Re: grantg2 post# 6643

Friday, 08/22/2014 8:59:14 AM

Friday, August 22, 2014 8:59:14 AM

Post# of 10487
no registration required ... took like 2 mins... here you go:

link to yahoo message board entry

Attended shareholder meeting in San Diego
.

First of all, let me state that Keith is my favorite nerd. He handles himself brilliantly and when this is a big company, he will represent us on T.V. very well. I never expected a big announcement, that is not their style. My takeways from the meeting were very positive, they are building a strong business for the long term. What I did discover,and perhaps many of you already know, is that in April of this year they have signed a contract for the 3D assays, which is paying them real dollars. Not a ton of money, but nevertheless, proof of concept. They are gearing up for the release, later this year to multiple first tier companies. Glad I am long and would be scared SH**less to be short. Another takeaway, is how many different income streams they potentially have from their technology. Look at a company called Charles River Labs, which I shorted then covered at a loss, because my thinking was that ONVO would really eat into their business. Keith explained that they are working with them for possible distribution outlets, so they are more likely to be a collaboration rather than a heads up opponent. This was very interesting to me as I have watched this company since when it was called Charles River Breeding and they have been very successful for a long period of time. I am thinking Skyworks/Apple on a smaller scale. At the end of the presentation, there was applause from all in attendance .Enough said.
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