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Re: carramrod post# 5739

Tuesday, 12/14/2021 9:03:04 PM

Tuesday, December 14, 2021 9:03:04 PM

Post# of 6251
The issue is very clear imo…product only became ready for use a few months ago…then you have to get companies interested..no one is spending millions instantly without iterative testing …it’s a huge liability..so sales cycle takes a good year..meanwhile former mgmt blew a ton of money on unproven ideas while warrants never came thru…so we have to raise money while we wait for big sales to come in…which most will be subscription based which means more predictable but down side is it trickles in…of course Covid delayed/screwed us as well…that’s the story of Pat as I see it…lots of pain..and hopefully they come thru in 2022….if and when that happens we get bought out…if the industry doesn’t like the product we likely go to zero