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Saturday, October 02, 2010 10:36:57 AM
I have talked to Michael previously on the telephone. It seems that his normal manner of speaking is to talk slow. I had difficulty hearing him talk on the webinar because he was linked through a connection. My thought is that once Michael listens to the webinar, he will recognize that he must talk louder and faster in future presentations.
The key point I drew from the webinar is that the board of directors prefers to delay a strategic partnership now is because the shareholders will not benefit as much as once the product is better recognized. Thus, the need to do piecemeal financing to commercialize, market and support the product. Hopefully, the company may be introduced to investors who see investment value and will do a large investment at a cost that is less dilutive to shareholders (e.g. financing above market price).
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