Ekso Bionics Holdings Inc (EKSO)

[skepticone]

Rhet...I realize that a prototype is beyond IP... My point is, until they figure out how to put this to use in a real life hands on product that they can generate revenue from, they need to concentrate on getting the products that they already have in the market generating serious revenues. They already know the company can't survive on sales like last quarter. Artemis is not ready to generate revenue.

I really wish they would communicate a step by step plan/strategy and what is being done to implement it. The appearance is that they are in crisis management mode and dealing with thing as they pop up and unable to get ahead of things. That may not be the case, but that seems to be the perception. Stock price would not be this low and flirting with dropping lower if there was confidence.

These statements come from the press release...

While advancing medical and industrial exoskeleton technology, the company is exploring applying Artemis in their product development pipeline.


Recently a team of Harvard engineers published their latest findings which show promise. Ekso engineers will be able to further explore how to maximize the advantages of soft exoskeletons thanks to the Artemis prototype.”

The key word in both of the above statements is EXPLORING...to me that means nothing near ready for production, sales and REVENUE.

It is encouraging that something has come from the military project but the CFO stated that revenue from that is finished. I just think that the payoff is still a ways off.