First, they didn't just open up licensing a week ago----they announced it April 21, and posted an update April, 26. If; you think that companies will jump all over themselves to pay $1M for a 3 year license to produce/sell in only one State, and not own the equipment, when they can own the equipment and do what they want with it for ass long as they want, and for a very tiny fraction of the cost, you need to start thinking about Lotto and give up on equities.
Second, I'm not surprised that you haven't seen any dilution since you've been invested in PBIO. You're in love with the stock/company. In the 10k they had 13.6 million common shares on Dec. 31. They now have over 19 million common shares after just over 4 months. The debt for equity swap was “preferred” shares---not common shares. That's some serious dilution, and it's all because the company doesn't generate the cash needed to pay their debts and interest. So, you think that stock dilution to fund the company has not been their MO, huh? There are two ways to fund a company via stock dilution. 1) Have an ATM, and 2) trade common stock for debt/interest. PBIO uses #2.
Thirdly, I assume that you are pointing out, in error, that PBIO doesn't use surfacants or emulsifiers, but others do. Wrong again. Surfacants and emulsifiers are used to keep drops of ANY SIZE from coalescing when they come in contact with each other. Some emulsions need them, and other emulsions may not, and it has nothing to do with whether they are made with ultrasound or high pressure pump/valve. Industrial Sonomechanics has been selling their ultrasound nano-emulsifier for 6-7 years, and have had the time, and inclination, to develop their own as an OPTION, just as chillers are an OPTION. PBIO has yet to commercialize their UST equipment (the $75K Safer Medical order being the exception) .
You really need to 1) read, 2) understand, 3) think, before you post.
"Never fall in love with a stock; always have an open mind.".... Peter Lynch
“Never fall in love with a stock---rent the bitches---they might have the clap.”....Me
