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Alias Born | 08/13/2013 |
Wednesday, November 20, 2013 3:59:59 AM
Here we go :
- Most important is funding. Absolutely key issue. Funding of running costs, legal cost, technical analysis and development costs. A lot of meetings regarding funding. Several possible parties. A: At what price B: How Much C: What for
B=4million is tight and 7million is comfortable
C=Parties don't want to pay our old debt. Funding must be for future operations. That means we have to solve the debt issue first.
Debt and Funding must be solved within ~the next 3 weeks or parties are off due to xmas + new year holidays and not back before ~2nd week of 2014.
My question about the party/ies infringing our patent. Where do we stand. --> Needs time and cash and it's difficult to predict the outcome. More focus on a partner for the Lycon Chip. Needs time and money as well but you have a better control about the progress.
I mention that to me this sounds not very good. --> NO, IT IS NOT ALL THAT BAD. POTENTIAL OF THE LYCON CHIP IS RECOGNIZED. DEBT AND FUNDING CAN BE SOLVED OVERNIGHT DEPENDING ON JUST DETAILS. THERE IS A LOT IN THE PIPELINE. VERY SOON YOU'LL SEE.
So, that should be it more or less. The first minutes of the conversation weren't all that good but at the end I got very optimistic. My impression is that also the person at the phone was very optimistic.
Maybe I'm wrong and can be convinced to easy but next Monday (salary payment) I'm going to invest another $1500.-- . Hope it stays around 0.006 until then.
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