So Nuthinbut, I take it that you have not bet very much on the success of this company. That indeed would be wise that you have indeed listened to what I have said about the dismal future of a universal marker.
Here is a quote by needprofit that someone close to Burger has related to him. Below are the possible drivers that could make the stock increase. Without them, the stock will indeed decline.
By the end of the year Bocx will have 5 income streams and will be cash flow positive.
That will never happen.
First will be companion pet testing.
Pet RECAF will not make any significant money.
The second will be the yearly fee from Inverness Medical.
Moro has stated that he does not know when nor how any royalty would be paid by Inverness. There is indeed a provision that does not allow Moro to allow any licensee to pay less royalties than Inverness. HINT. Moro has allowed Abbott to pay NO ROYALTIES. Inverness may not keep RECAF and they may not have to pay any minimum royalty.
The 3rd will be the resumption of a relationship with Abbott or a replcement.
That is a huge joke to be telling investors.
The fourth will be income from a POC test by Bocx China.
Regulations in China ABSOLUTELY do not allow unapproved tests to be sold in China. There will be NO tests sold in China.
The 5th will be a 3rd licensee.
There certainly will be no licensee paying up front cash and minimum royalties. Abbott has killed any license potential anyone ever thought RECAF had.
So look at the above. None of the last four will ever happen. All you have is what if any revenue Dog RECAF can generate.
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