Yesterday I listened to the Adam Adler interview-again.( from Nov.2011) Today I listened to the Rubin Hanan radio interview. Again, I think anyone interested in FUSE should listen to both. I jotted some notes of both interviews that I found insightful, and would like to share them with those who didn't listen to these interviews. I was as surprised as any at today's price action. I read and hear such POSITIVE news- then the stock starts trading. Amazing! a real disconnect-however I'm convinced things will change!
One of the first things Mr. Adler discussed was taking Fuse public.
He explained how this move would provide Fuse with a "medium of exchange" ( i.e. stock shares), so the Company had equity to bring in PARTNERS like Tiger and Ortiz(athletes) and Tuffin and Hanan (stellar management). I was very impressed by the idea of "Equity Partners." Discussing his athletic background, Adler then mentioned that at first he thought of Fuse in terms of a sports application. Only after putting in a lot more R&D, did he see enormous potential in other areas. He also spoke about the importance of intellectual property and technology, and how Fuse had just filed 5 more patents to protect them.
Two quotes I found interesting- "We're only scratching the surface with what we've done to Fuse." "The majority of our business is really licensing the technology to major pharma companies." He then mentioned National Securities Investments-Banking Division for Financing, as the bank helping Fuse to get financing.
Finally, the signing of Tiger Woods.I will say again, from reading our posts, this has always been pointed to as the "game closer," the final piece of the puzzle that convinced many of us to invest in Fuse. He stated "The amount of due diligence, the process that we went through, Tiger's doctor, Biochemists, The CEO of the Tiger Woods Foundation, Tiger's agent, his marketing company, EVERYBODY vetted us for months!!" "After going through every piece of due diligence, Tiger and his team came to the conclusion that Tiger really wants to be part of something game changing-they believe in what we were doing."
As to Mr. Hanan, President and CEO of Champs Sports. Before that, President and CEO of Foot Locker, Canada. Now President and COO of Fuse!!!
