Saturday, January 19, 2019 12:32:37 PM
ADOPTION is the key !!!!
Take for instance some of the big players like SiriusXM and MannKind a Biotech Pharmaceutical company founded by Alfred Mann, a multiple $Billion philanthropist.
Since the early 2000 both companies were struggling it out spending much $$$ adding content as they try to build subscribers
Sirius & XM with much dilution into the Billion of shares finally agreed to merge in 2008 between them to survive.
It has been a slow grind trying to gain subscribers, but now here we are 2019 and the subscriber base is beginning gain traction as consumers are ADOPTING to Satellite Radio.
I remember my brother laughing at me when I first invested into Sirius saying why would people pay for radio when you can get it for free.
http://investor.siriusxm.com/investor-overview/press-releases/press-release-details/2008/SIRIUS-and-XM-Complete-Merger/default.aspx
Same for MannKind..... Since the early 2000 they been working on an Inhaled Insulin with several setbacks by the FDA.
MannKind was not diluted like Sirius due to the infusion of up to a $Billion dollars from Alfred Mann. The drug finally got approved in 2014. Unfortunately Alfred Mann died not to long after at the age of 91.
As the company continue its uphill battle against Big Parma, it finally has put the right management team together as the Insulin depended community have begun to ADOPT to a safer and better product.
https://www.nytimes.com/2014/06/28/business/afrezza-a-new-inhaled-insulin-is-approved-by-fda.html
ITS ALL ABOUT ADOPTING AND CHANGING TO SOME NEWER, SAFER, AND BETTER !!!
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