Friday, August 22, 2014 12:00:56 PM
It has crossed my mind reasons that since the PR about an agreement entered for patent rights, that Steve hasn't released any update stating whether or not it's a done deal.
That said, if I were a president of a start-up, and I knew that there are large companies out there that could offer almost anything this patent holder wants, it behooves me that he hasn't signed yet.
Two reasons come to mind. Either what ever Mr. Tomassi was offered wasn't enough, thereby leaving the door open for other companies to steal it away, or he was contacted with much better offers.
Losing this deal is a monumental loss for both the company, and those of us who invested thousands into this company.
I know Steve is a savey business man who can spot an opportunity to move his or any company ahead.
However, if negotiating with the patent holder in the hopes that he can get this deal signed by low balling so as to get away cheap, then he loses it all for both him, and us as stock holders.
This isn't good strategy with so much at stake.
My advice Steve...Call him, offer him something he can't turn down. You know and I know that the settlement for obtaining this patent could mean billions for your company in the end, and to play the offer and counter offer game is the lamest way to deal with this opportunity.
If I were Medbox, I would be contacting this guy in the hopes he would consider providing the opportnity to do business. Any company for that matter will be banging on his door.
You were offered the patent rights Steve, and you need to think about what proposals you may have offered, and re-think about an offer that would make sense to someone who holds the future of any company in this field.
Also you should realize the potential not for just weed being dispensed, but for all regulated products from pharmaceuticals to alcohol and tobacco and everything in between.
So get with it Steve, we need this deal. Do what it takes.
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