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Wednesday, 10/28/2015 11:22:13 AM

Wednesday, October 28, 2015 11:22:13 AM

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So now the company wants to go from a "luxury" product manufacturer to licensing its IP. I actually think thats the ONLY way this can go because this CEO, who has a track record in retail, but not consumer electronics retail, lost Mr. NG who is high up in Next Biometrics, but realizes now, not every good idea works. I wonder if the loss of Mr. NG also means that the NEXT agreement to purchase its sensors is also done. I actually liked the product and it does have an application, and Jack should just eat humble pie and contact Lorraine. As far as licensing its technology, that poses substantially new hurdles. If its truly unique, this is probably the right path for this company. Call Lorraine, Jack. She is the ONLY person who has sold 10's thousands of consumer biometrics products with $20M in sales and orders. I am sure you don't want to hear that but she is one of 3 people with this track record that could help you.
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