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slunj

01/10/19 11:19 AM

#1464 RE: Tsponberg #1459

I am aware of the Chrom-ID tech developed by the company and its projected roll out. My recollection is that the remaining step was finding users and this can be a difficult part how does one get market acceptance. For this I believe more money is needed to build working prototypes and getting market acceptance. I think with the Bio RF-ID the company is taking a newly available route for market penetration through the Kickstarter program which will allow the company to pre sell units which will be delivered in a year. This will help manage cash flow so we don’t run out of money.