Wednesday, January 20, 2021 12:14:32 PM
Universities fund academic researchers who come up with patentable ideas. That's where University funding ends.
University budgets do not include working venture capital to fund speculative product developments that have no guarantee of success.
Universities patent technologies then find someone who wants to license the patent and fund the development of the technology into a sellable product.
FIU couldn't find anyone to license these patents and eventually settled on Signet to see if Signet could find the partner willing the fund product development and commercialization.
Every cent spent on product development (working prototypes) and commercialization is at risk with zero guarantee of return.
That's the reality of university developed patents.
In Signet's 15 year history, they have never licensed a technology or secured the first dollar of revenue for any of their other technologies - 4D TV, Sports Promotion, etc.
With no successes over the past 15 years, what makes you think a company with one employee who is over 80 years old will find a large company to license a technology that doesn't even have a working prototype.
And if a working prototype of the battery existed, wouldn't that be what is featured on social media? Actual video of the battery powering some electric devices?
Keep talking about thin float and all the "technicals" you want.
Signet has not achieved one commercial / business accomplishment over 15 years. The only people making money on SIGN are selling shares they bought at 15 cents to others for 25 cents.
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