Bren, the company went from outsourcing storage to inhouse storage. According to the CEO "a delta" had been reached. Did he not calculate the expense involved with becoming a producer and profits needed to support the core?
The present model has a major flaw because it doesn't look to profits to support the entity. It considers us the revs engine. The CEO stated in his GO speech he relied heavily on crowd funding from twitter, facebook, other social media (ihub) and that he did very well with the drive for funds prior to opening the doors.
There is no disclaimer on a public announcement to the world like in SEC filings, websites, or FB. What he reported in January 2010 does not enjoy a disclaimer for forward view so I am looking for ROI based on that speech. I purchased looking forward to a healthy ROI based on that speech as did the more than 200 witnesses and thousands of investors who have watched the video.
Another video surface prior to an official pr regarding China... it was almost like a poorly scripted leak attempt. Again, it enjoys no disclaimer as it looks forward to levels being added to the lab and R&D discussions were abound.
Let me know your thoughts.
Lastly, how about the free storage? Is it possible we acquired IBC/CorCell and it generates few for revs because the samples are free storage. Let me know your thoughts.
AI
