I see the common thread in the people who were involved with the other company. But they saw through Shah, too. And, even as you say in your other post, these people do things the right way - postponing their own payoff until the company is profitable. Something Shah never did - ran stock to make money. This stock has never been run.
Now, on the length of time it's taken them to get a product to market and then once ready, getting it sold...
It's a lot longer than I thought it would be when I came on here 4+ years ago. But what I think happened is they saw another direction they could go with the technology they had and went ahead and developed that.
Rather than just developing the 'weigh on the fly' technology all by itself, they saw a bigger opportunity in adding collecting and sending data from the weighing site to a central office. Developing this took time - maybe a year or more, I think. This has been my take on part of the time delay.
As for selling it, I think they have been working on this at least since the patent was announced in April. Maybe it's even been longer than that.
I think it's a fair question that - so, if this technology is so advantageous to companies in their target field, how come they haven't sold any yet?
I can't answer that. I thought sales would have happened in 3 months' time. But I'm impatient, too, and I have never been in sales, except for some multi-level marketing attempts. Even there I saw sales depends on relationship building and that takes time.
That's how I see it from here early in the summer of 2013!
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