Fuse Science Inc (DROP)

[Aksys]

It has been pretty disappointing. In the past, I have seen other far less promising companies achieve $500mil+ market caps when they were in a much earlier stage.. sometimes before they had any contracts/distribution agreements/etc. Fuse has come so far, and I hoped that the market would see the incredible value and potential here, but that hasn't been the case. I still believe it'll happen, but it does look like it's going to take some time. Some people want to see real results (revenue and sell-through) before they dive in... but getting in early when you see potential is how the big bucks are made. I'm still surprised more people can't see what many of us can see so clearly.

Yes, the number of shares outstanding has increased, but the substantial decrease in share price means that the overall market cap is still microscopic -- only around $18mil! That is pretty shocking. It's really not much of a surprise to me that we're closing in on 300mil shares O/S (nor do I view it as particularly alarming), but apparently it has scared some other folks. We have taken a gigantic step forward with the Walgreen's agreement, but the value of our company is now lower than where it was before this happened.. Right now it's very difficult to see why that is, why the market is assigning such a low valuation to Fuse, because they have finally achieved exactly what we've been waiting for over the last 2 years.