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Re: Patrick Bateman post# 16976

Thursday, 02/26/2015 4:47:33 PM

Thursday, February 26, 2015 4:47:33 PM

Post# of 115051
And that is exactly the point. Company mgmt made the mistake almost 13 months ago of - in hindsight - setting expectations of a meaningful agreement from a revenue standpoint happening fairly soon after that January 29, 2014 press release. Whether it was unrealistic expectations or hubris will be revealed with the further passage of time, but at the margin, management credibility took a hit in the eyes of some existing shareholders as well as many prospective investors. Company deal makers must be extremely careful when forging deals with much larger companies with more resources, financial and otherwise. Less than ironclad deals with respect to intellectual property rights and royalties can be fatal. This is now a show-me story, and only meaningful progress toward a significant revenue ramp - be it the apparent deals with Pilot and Flying J, further announcements of significant partnerships, and/or demonstrated progress of important metrics in future quarterly reports - will justify further upside in the current market cap near $100mm.