Makes sense to me. Biad def undervalued based on IP. Don't see how Zenos other IP can be worth anything considering their 10k states they stopped funding it in 2016 and are focused solely on developing Mids. The recent US patent definitely helps to validate the tech for me. I was on the bid all day today but couldn't get any shares.
Sounds like we are solely reliant on the mystery investor. Investor is willing to take shares in lieu of loan repayment if I'm reading correctly so person seems confident.
I emailed Tom Barr a few days ago to ask if Mids is still moving forward and this was his quote
Yes it is. For detection testing purposes we now have a micro fluidic strip with an associated PCB and Hall sensors - the Hybrid strip, which is as close as we can get without going to a full production model. Flow testing appears good. We are currently producing a magnetic jig to suit and will start testing the hybrid strip for its ability to detect assay sized accumulations of nanoparticles shortly.
I used this email and stuck his description of the device into a google search and the Mids med website popped up on first page. Then I did a patent search and saw the patent recently received. Thanks to der kamf for finding Zeno. Would like to know how he came across that since Barr seems pretty tight lipped about everything.
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