YJ, you are correct, the Dupont deal is simply a pr, at the moment, in the continuing war of PRs between the players in this space. However, this is exactly the PR that I expected from Neom, and that is what has ticked me off to this degree. It is the PR that we would have had, if Neom hadn't run itself into the ground over the past year. And yes, it isn't much on its own; no indication of revenues, etc, etc, but to me, it speaks volumes re the lawsuit and the competition between Qode and other systems. I really feel that Neom needs to put out a pr, very quickly, indicating its own successes here, or they will have no means of negotiation with brands or vertical players to get Qode into use. Everyone in this space is going to be looking at Scanbuy, and they aren't going to be simply comparing the tech (a comparison which I believe qode wins), but comparing the companies/services behind that tech. That's where Qode sorely loses. Brands will be afraid of contracting, for years, with a company that has no clear future. Same goes for capital, in the form of big gorilla investors. I'm afraid that big Gorillas will see this dupont/scanbuy deal as an indication of how the tech competition will eventually play out.
I'm not all gloom and doom; i still think Neom can crawl out of this hole, but not if they don't start NOW with PR's. They don't have six months to find a CEO, get some deals in the works, etc. In six months, Scanbuy and others will clearly dominate this space, and leave qode in the dust.
I don't think it's as simpe as hold-em or fold-em. That would have been the proper strategy six months ago, when neom management authorized 5 billion shares and while the founder was selling his own shares into the dwindling market. Now, for me anyway, it's time to hold what's left and pray that neom makes that hail mary pass.
Best
Joe
