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Friday, August 19, 2016 8:05:33 AM
making investments is my real job...
as for the DNA technology, I agree that in this day and age extracting and encapsulating the DNA is not a big deal, marking itself can be done very cheap, the real problem is not on the marking side but on the side of reading the mark, DNA authentication is expensive and time consuming and will NEVER be cost effective solution for real time supply chain monitoring, and for the same reason it is NOT the right solution for counterfeit problem...
it can have some limited use in law enforcement where cost is not an issue, however this company's management is so inept that it can't identify and go after real business opportunities where DNA marking can be good fit
the CEO keeps talking big and misleading investors implying as if this tech can have future in pharma and other retail markets, which is why I called hid a fraud, he had this tech for 10years and it generates zero sales, 10 years from now it will continue generating zero sales, CEO and his friends will keep printing shares and enjoying life on shareholder's dime, nothing will change about this company
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