I watched the presentation, I have talked to management in the past, but more importantly, I have watched ONE date after another after another go bye while they talk about new applications without getting the other ones productive.
Listen, talk by the company is cheap, Parallel work is fine IF you can afford it. But the company is simply spending too much without Revenue to pay for it. Yes, I am familiar with start ups and could list several with good tech, that NEVER got the funding management talked about as they attempted to expand their product line. Some of which had very impressive names interested. Of course they wanted things cheap, or the rights to their patents or low license fees.
I am just looking for SIGNED DEALS!! AND ones that produce real $$$ not paper minimums, that I am not even sure they ever collected from some of the older deals.. I see them over extended financially which just by looking at the charts from the meeting you can see. They are dependent on getting the financing they plan on. And the more they spend, without more Revenue the worse deal they would be offered. I knew penny land CEO's who went to sign with banks who changed the terms at the last minute. Nothing is done until it is done.
Again, with all this confidence, Why are so many shares up for sale?? Constantly for the last month or so...?? Why aren't any of the OEM's thinking about jumping in ? Especially if they don't have inside info. I know I dealt with some small companies.. and I would have jumped in if I didn't know what I was contracting for and how much $$$ that would be worth. Hey, some I looked at to buy products and bypassed, Bottom line.. Just show me the money!!! I believe in the Tech, or I wouldn't have invested... just getting dragged out AGAIN.. I don't even know how long I have been around this one anymore...
Anyway.. good luck... and hope your confidence pays off
