Of course it is three years, and that's under the best of circumstances.
Couple that with a company barely able to get their name out and man you are looking at a long downtime for your money to sit, while Verb gathers steam.
Any reason why this F'ed up company NEVER mentions its partners, or suppliers, or anything concrete like medical institutions where it is (or will be?) evaluated. Never anything to give one iota of concrete grounding in what is happening in the real world. Like, "Here is a video of SPORT in action on a cadaver procedure, being driven by Dr. Joe-Blow". OK, he mentioned Columbia U. Big deal - been known for ages. How about mentioning Ximedica (unless I missed it). First time I've EVER heard explicitly stated that the snake arms may be more natural to use than wristed instruments. Went right over the audiences head, I'm sure.
The only bait he threw to the supposed money-lenders out there was mentioning ISRG, and by implication that we are the next to take space in their market. Really!!?? Not at this frigg'n rate.
He should have said, "We need big money now and we can turn this thing in to the FDA in one year gentlemen!".
So my take away is that there is still a lot of technical hardware and software work to do. How many people at Ximedica, at this moment, are working on that? That's WTF I'd like to know.
I want a buyout within a year. It'll take a miracle otherwise to see this stock over $2 in two years.
