SentiSearch, Inc. (SSRC)

[e-ore]

The 2010 10K

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7832457

I don't see anything extraordinary in it, except for what I quoted in my previous post, and it's nice to see some revenue from the Bayer agreement. It's full of the same extremely cautionary statements that have always been in their filings, and it appears to be a copy of last year's 10K, except for the financials and the details of the Bayer agreement. For example, they state that they are in competition with Yale and Vanderbilt Universities, who are doing the same type of research. So why did Bayer decide to enter into a 2 year research and product development agreement with SSRC, give them an upfront fee, and then feature them in the "2010 Highlights" section of the Bayer 2010 annual report? And why did the Bill and Melinda Gates Foundation renew the $5 million grant to the scientists whos' work will fall under the SSRC license agreement? :)

Seems to me there's tremendous potential here. If products like this (below) went into common usage, SSRC will recieve a royalty on sales.

Blocking the insect sense of smell and taste may afford a potential strategy to inhibit insect reproduction, feeding behavior, and damage to humans, animals, crops and stored products. Such a technology would not require genetic modification of the plant or insect and may rely solely on compounds that are natural, non-toxic and compatible with organic farming methods. This technology has the potential to offer a high level of specificity providing for the targeting of an individual species, reduction of environmental disruption and less chance of insect resistance."

I'm happy that Bayer has chosen to partner with SSRC, and I'm very happy to be tagging along with them, and the insiders and beneficial owners, who still own (restricted) almost 75% of the outstanding stock.