Reply 117039 jk2018, You're points are well founded. My point was that we're good for another 6 months, without the added milestone payments, with the money we have today working with Cambridge(?).
I know the other 2 milestone payments are not guaranteed, but they will (I'm guessing) get us further down the road. Why would we only go to next May with 4 milestone payments with MDT, and compete with them? While we don't know what's in the agreement, I don't think ANYONE develops a competitors product, using in-house IP for your own robot, except to use it for mutual benefit. (clear a path to FDA). I think these 4 milestones are to get to a point where MDT is more comfortable with TMDI b/4 BO. I'm just not sure when MDT decides. I'm not sure MDT knows, except these project(s) are a trial to integrate our IP somehow and see if Mc/Genova can run the integration project(s) and finish the work. Someone's got to run the SP division for MDT. Where are all the MDT engineers going when HUGO/Amadeus is done?
Today TMDI can't build anything - no engineering resources. That (again) leads me to postulate that MDT wants TMDI to make further progress in R&D for the SP, and MDT is comfortable with Cambridge working from existing blueprints on auto-pilot. My gut tells me we had the design and most if-not-all hardware built, until the MDT agreement. I think this last bit of work is software - and it's not necessary to make the device work properly and safely.
Even if I'm wrong, make ENOS 1.0 a hammer, and quit accessorizing. I say quit screwing with ENOS and get it done. Mc has to know delays caused by too many bells-and-whistles could be his last hurrah. Which means (to me) TMDI is working on an MDT specific version, otherwise our timeline to FDA/CE would be shorter, and TMDI would probably go CE first, instead of FDA first. Going FDA first just leads me to conclude MDT said we'll do CE and you use it as the predicate. It fits in my mind.
Your points are very valid. I just couldn't let that BS Gloom-and-doom go by without an alternate point of view.
Good luck to all. Regards,BK
