Sure...every company wants the money for their product up front. But if they're a big commercial entity that has a product that is different than anything APDN has tested before, I think it's only prudent that they demand a pilot test before signing a multi-million dollar agreement.
Of the nine pre-commercial contracts, how many do you think will sign up AFTER the pilot testing is done?
In regards to financing, they could borrow money against the future payments of those contracts once they are singed.
Absolutely spot on, the amount of pilots over the years, and the corresponding revenues do not add up at all! The pilots that bring orders must be pretty low. Why??? If the product is so good?? Something really not right here. Dr H has a lot to answer for!!
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