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They have multiple facilities they use. They do business just fine. Doing amazing things.
But already into the 2 years and further ahead than they thought. Pretty awesome.
Because him and Hayes have been friends for over 15+ years. They want to build a company together and they want the freedom to build what they want how they want. They want to build the worlds first wearable smart contact lens. It's their passion.
Markus presentation was amazing. The detail and info he gave on the patents and why they filed these specific patents was fascinating. Showing the problems that they were able to overcome in manufacturing a real smart lens. They are the only company to do such things in silicone hydrogel lenses. It was incredible.
The conference was the pretty much everything investors could ask for. You had David Markus describe the details on how they solved the problems of dealing with manufacturing hydrogel lenses and built their technology around manufacturing, whereas the other contact lens companies built their technology first and are trying to fit their tech into lenses, which doesn't work because they can't use the silicon hydrogel lenses.
They talked about what they learned from the Coopervision experience and how it helped them make better tech and how much further ahead they are than they thought on their tech.
Then Michael shared that they are on a 2 year smart lens development plan. He said he wouldn't tell us where they are at in that phase, but said that we are close.
After listening to the conference I can't believe how exciting this is. We are a part of technology that will change the way everything is viewed and experienced. Huge.
Anytime in the next 2 years you will have a smart lens ready for retail. That is pretty crazy to think.
They were. 71 registered with a plus 1. Is what they stated. Why does it matter how many attended? This was done for shareholders not for EPGL. They did it out of good will.
He won't be there.
Haha. So true. Epgl is producing results and I love it.
I really think that is all it is. Just a chance to meet the EPGL team in person and hear from them. I doubt there is going to be a major announcement or anything like that. Should be fun!
Pretty soon all attending the conference will have met Michael and David. Pretty exciting.
EPGLMed history:
2012 - EPGL restructured under Michael Hayes and PWC to start a medical device company
2012 - EPGL hired David Markus who specializes in BioMems - They put together plans for 16 new medical devices that they would develop and invent. 2 of which were relating to vision care and smart contact lenses.
2013 - Signed a development agreement with Coopervision.
2015 - Coopervision tried to take the tech without having to pay what the original development agreement had stated. EPGL throated to sue. EPGL signed a development agreement with AT&T to develop multiple products for concussion with NFLspeaks, and other technologies that haven't been disclosed.
2016 - EPGL got out of the agreement with Coopervision & obtained rights to all their tech 100%. Signed a first rights of purchase agreement with Johnson & Johnson. EPGL obtained it's first patent award and has many more coming soon.
Michael Hayes isn't a liar. He is a CEO trying to build a business from scratch. He made a conscious decision to set the MPDD aside and focus on Bio Mems when David Markus joined the team, because the opportunity was much greater and the technology was ground breaking. He has moved EPGL from .001 to our current levels and kept us informed along the way. Been a fun ride and he has stated that EPGLs buyout target is .88 to 1.0 a share.
Doesn't seem to work. Can you repost?
Apple didn't post on their Twitter account. Their account has been inactive for years and their first tweet was covering their event on Wed. They haven't tweeted about EPGL. Apple doesn't comment about meetings they hold. Just an FYI.
No it is saying by not investing in EPGL based on what the company is telling us that it will be very costly to each of us in lost opportunity cost. We will miss out on big gains if we fail to invest. Many already have.
The claims are coming from EPGL's estimates and then built upon from their. Their patent attorneys have done valuations on their technology we learned from when they were battling with Coopervision. So we have an educated guess of what the company will be worth when their patents and tech are ready for purchase.
To ignore that info is unwise and will be very costly in the end.
Haha. Like said doesn't really matter
What the pps does. Having shares is the key.
The market overall doesn't know about this patent. The PR's have never had very far reach. Pps really doesn't matter. It's all about the end game. The buyout. That is what many of us are holding for.
EPGL isn't going to give their tech away. It's not speculation at all. Read all the articles talking about J&J and their research and development into smart contacts and virtual reality. There are many companies that want the tech and don't have the ability to develop it on their own.
Time will tell all. So we will wait and see. I am fairly certain my hypothesis will be correct based on everything I have researched and read.
No it's not. They did the very same thing with Coopervision from the very beginning. Coopervision knew what the cost was of the development agreement. Once the tech was developed hey tried to take the tech for less because they couldn't afford it. Guaranteed they set valuation parameters with J&J. Otherwise EPGL wouldn't have wasted their time.
Who says there hasn't been a deal already completed? See the problem is I and many of us have been told that this couldn't happen.....DTC chill wouldn't be lifted, patents were never filed, patents would never be approved, so on and so forth.
The tech is real. J&J wants it bad. How do I know that? Because other companies want it just as bad, especially Novartis. Yet EPGL signed the agreement with J&J. So then that means J&J was offering what EPGL wanted.
No way. Presentations and meetings were held based on tweets. Of course they talked valuations before they signed a first rights of technology agreement. They would be idiots not to know what the potential cost to them would be.
Ya 100% guaranteed that didn't happen. This is much further along with J&J than you are realizing.
Sure it does. Especially if you have patented wiper blades that are better than anything out there. What you are failing to recognize is that J&J needs EPGL's patents and technology. Michael Hayes has put a number out there of .88 to 1.0. My researched guess is J&J is well aware of those numbers and is fine with them.
First rights to purchase? Purchase = monetary value. So I disagree. J&J didn't sign the agreement just for fun.
It's more than wishful thinking with their agreement with J&J. It's more of how much will they be bought for?
Pretty good chance if 15 patents are approved.
I need to clarify. I believe J&J has actually acknowledged EPGL by signing their agreement with them. What I was trying to say to Gman is vikings post didn't originate from J&J. Just to clarify.
J&J didn't recognize EPGL. It was just a news feed attached to their Ticker Symbol. I too look forward to that day!!
Yep may not. At this point it doesn't really matter what the price is. Just matters what the buyout price is.
Can't call them liars any longer. They have published patents. Sorry that language doesn't work any more.
Uh...it came from the US patent office. That is a pretty good source.
Buyout has always been the only way this will work for EPGL and PWC.
Because having shares is key. If people sell their shares they will be left out. So protecting the integrity and truth of what EPGL is trying to do is important.
Simple. Stock doesn't need to go up. Buyout is independent of stock price. Plain and simple.
Listen people that don't understand what the play is here are going to be frustrated. This has never been a stock to invest and flip for short term gains. That is too high a gamble with the high volatility. This is a buy out play. Invest....accumulate shares....and wait for the buyout. no one will have to sell a share. The buyout will take care of it all.
Exactly. Whining about Hayes is ridiculous. Dude has taken a company from the brink of complete annihilation to a major player in a brand new emerging field of smart contact lenses. Smh. Dude is a genius.
Doesn't matter. It doesn't matter if the pps never changes. The buyout will happen either way. So I could care less if people jump on the EPGL Train or not. I have my shares and so do other shareholders. We are just waiting for the buyout. It's an easy investment because I don't worry about share price.
Doesn't really matter what they think of Hayes. The tech is there and the relationships are there. The buyout will happen and those that don't like Hayes will miss out on the opportunity. Simple as that.
He said with all their tech and patents they are worth .88. Been the same all along.
Worth .10 today and the goal is .88 to 1.0.