If the polarization technology works as claimed and the patent is defensible and unique, what is the bear case? The main reason why this wouldn't be bought out for a billion dollars imo is if the company is incapable of executing on anything that will actually generate revenue. For example, why does the Aelia store website have a space between Tony Hawk and "apostrophe s" so that the apostrophe is facing the wrong direction in the font being used, in the big ad blurb saying it's his favorite product? This is just ridiculously stupid that they have a billion dollar IP and can't type properly. Who the hell manages the marketing? Someone else with the CEO's last name, probably his son, as it seems on the management team page of the IR website. Not a good look.
So either we have to conclude that the consumer retail side is managed incompetently or is there to strengthen the narrative as a sucker stock which exists to pay salaries for the family.
That leaves the most realistic pathway to shareholders profiting being a buyout or licensing deal, or other b2b type windfall such as government contracts for Escozine as a Covid treatment. If the polarization technology is real and truly proprietary / protected then it should be worth billions of dollars but maybe they can't even accomplish anything with it before the patent expires. Maybe the fact that patents expire is why patent plays aren't safe bets when the management is incompetent on execution.
It honestly scares me how there is absolutely no hype around this no matter what PRs get released. It means nobody cares, either because no one believes them or because truthfulness wouldn't mitigate the above bearish cases enough to gamble on the company.
Any thoughts about this analysis? Agree or disagree?
I am not a financial professional and nothing I say should be construed as financial advice, only as my personal non-professional opinion.
AI
