feedback i get is ip is in very good hands and a lot of money is needed to advance the ball...
so with upfront and milestones and cost, someone is willing to bet probably close to $180 mil or more (wag assuming $70 mil dev cost) .... and with folks hanging out at Harvard... the IP was not a scam... it was terribly mismanaged by RG SK and the clowns..
Thorpe had the lead horse in the race and he was sabotaged by incompetence and greed... and he died of a heart attack over all the bs that was going on imo
Perhaps $20 to $30 mil in milestones over the next year and dilution would not be so bad...
and if it works and pulls in $250 mil in sales... $35 mil plus in royalties would give Avid some play money... granted another dream...
Ronin did what they said they would... the company was poorly managed and they threw the bums out. Thank you Ronin... And Lias comes through with what he said he would... and in a timely manner...
Some new contracts and we will see some new investors. The Russell is coming up in June and it looks like SK may not benefit ... Karma
And maybe pretty soon maybe we get to be a takeover target...
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