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KingOfEdgar

12/02/17 8:14 AM

#39224 RE: light1soldier #39222

Rule #1 with any startup.

Get your first customer..period. Validate the pdt and biz model.

Quit screwing around with interviews, contests, tweets etc and just land one customer.

My take is that the commitments they have had on the books are not leading to sales. OR the sales cycle is SO LONG. Either way they are proving the demand isnt there.

62 commitments and the only deployments are the free ones to their partner?

POCs 6 mos ago and no follow through?..THAT is another red flag.

The lifeline to RAD is the ability of OMVS to get loans. The loans are dependent on the stock. The company cannot file on time.

The dominoes start to fall fast now.