Unfortunately we really don't have any idea as to the value of Pilus. The IP is one single patent, which hasn't drawn a lot of "big investor" attention! If really valuable, you'd think "the largest brewery in the World" might have negotiated a deal by now! Or a venture capital outfit would have put up some cash in the form of a private equity deal! Here's the downside...think about when the Pilus deal came about. It was shortly after Seth Shaw hooked up with Bruce Harmon. Was Seth just throwing crap against the wall, looking for something to stick? Is it possible Pilus sounded good in concept, but really didn't have the "underlying science" to become a viable commercial product?
After watching Pilus essentially disappear, one has to ask "how could this happen?" First GUESS, it is not as good as "HYPED" (and Stella Sung was bright enough to know it)!
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