I have been around long enough to know that if you develop and manufacture a technology product (other than software) you need a ton of loot. $20-$50M easily over the first 2-3 years. Its not an easy business to start and harder to introduce innovative products into a market with existing products. It takes time, both from a revenue generating standpoint, as well as an administrative standpoint. Looks like they just hired a former patent examiner and I am hoping that signals an increase in future IP as well as finally some enforcement of existing IP. The company they acquired has a former IBM exec at its head, so while these are all baby steps, they seem to be good baby steps. I believe they already have the $1M lined up, but are going to time paying off the balance of the notes when certain other events occur, such as hitting that 1M share float, another acquisition, etc...... Almost seems to be timed with a Sept.- Oct. timeframe. I am hoping Q3 will be explosive since everything the company is doing now will be in that Q and further hoping thats the disclosure we find out more about a possible uplift. Hopefully by that time, they would have completed their acquisitions and have a financially stronger company. I am speculating at best, but I am hoping that this is the plan, or something like it.
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