Just a question. Please enlighten me. If the company needs this consulting work done, would you rather have this money paid to third party consulting firms? Would they have the know hows of the proprietary technology and a clear picture of the company objectives?
I am NOT saying that the monthly consulting rate is fair but just want your honest opinion on this. Maybe it should be a lot less.
What kind of consulting is being done?
Are we seen some positive outcome from all these consulting work?
Public companies pay consulting fees all the time.
Was the adoption time of the proprietary IP considered in the expected results so far? Because I can clearly see some adoption starting to happen.
Do you have an estimated revenue for FY2021 worked out? Would this financial improvement reflect the past consulting work done?
Think like if you were the founder and CEO please. Like you have been so far.
Let's try to see both sides of the same coin.
BTW, I am a new investor reading everything I can find. I have been following this company for over 2 years and noticed the improved commercial activities and most licensees are being affected by the pandemic.
I wasn't expecting to get in this cheap. I was ready to buy in around 22 to 24 cents but had the cash invested somewhere else. Just got lucky this time I guess.
GLTA I see good enough improvements coming this year but I feel the best years will come after the pandemic is over. No break even this year but there is a possibility next year.