Friday, July 05, 2019 6:34:25 AM
In my opinion this news was an other classic Nader PR stunt in the light of the current TO offer. Putting out news of commercialization of a new product without any (conservative) indication what the potential revenue could be. Is it in the range of a few thousand, ten thousand, hundred thousand bucks for 2019 and 2020? What are the (conservative) expectations of the company? Why sell it if you cant estimate if it makes economical sense to sell the product?
If they have any kind of business plan they would have made revenue planning, market size analysis, future potential etc. You know those are the things successful companies usually do before they develop or even try to sell a product, even if it is a kind of by-product.
Did we ever get informed about anything, why not?
But I guess he is rather busy with his proactive investor interviews where he likes to talk about fictitious numbers (e.g. expected TO result) instead talking about real numbers.
By Nader literally saying he took something out from the trash bin and the company tries to sell it now, pretty much tells the story how this company is lead.
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