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Sunday, June 09, 2013 7:59:41 AM
Glad to hear you re-listened to the 4/4 cc, I have re-listened to it now several times in the past few days, and each time I get a little more out of it.
I've been here a long time and for many years it seemed like progress was truly at a snails pace and we put much of the blame on the fact that the IP protection was not in place yet. In the past few years I think the pace of progress has accelerated greatly. I think with the IP secured, these guys were finally able to raise sizable funds needed desperately to accelerate the process of commercializing these material. Think about it, we just recently finally could afford a real lab and necessary equipment, and now we have cleaned up the material to acceptable commercial reproduction percentage levels, and we have Lou in-house to accelerate getting the materials into devices, and apparently there is enough success in doing so already that we don't have to give up share to EMP who likely wanted a good size chunk of the action. I think it is impressive that we are now confident enough to fold up EMP at this early stage based on our own progress with UCB
Even little clues point to the confidence now, take for example at the start of the 4/4 cc Tom jokes after the forward looking disclosures that time is up for the call, I don't think he would be joking as such if things were not going well, this of course is just me reading between the lines, but I could point to several other such examples that tell me things are going well
TIME will tell, but I continue to be more confident now than at any other time in the past except for maybe pp 2009 when Turpin had 100+ protos which subsequently evaporated as they shifted focus away from the low hanging fruit towards the all optical materials because tests were so good in that direction, personally I think it was because they still had issues with the reproducability of the materials back then
keep the faith!
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