alsteps, I agree completely with what you're saying. My point in the previous post was just that - we all understand how much potential there is, but bringing that potential forward so that this will translate into an appropriate valuation involves specific steps, which unfortunately take time, and often much more time than was originally predicted.
Do you think that Ed is just sitting back and relaxing, and doesn't care if it takes another month or two until he can release the test results??? That's just ridiculous.
Agreed, it has dragged on beyond the expected timeline, but what we should take away from that is NOT that Ed is lazy or oblivious to the results of delays, but rather that we should not take the good-faith projections of timelines as seriously as we may have done, because it's impossible to really predict. It's not a question of honesty or integrity, it's the nature of the process in dealing with a new technology and its introduction to, and acceptance in, a real-world environment.
What would you have liked Ed to do? When they discovered a year ago that they can enhance the power of the technology by combining a second agent, should they have said, "Well, dramatically improving the system would be nice, but it means another patent, and more testing, and more time, and we'd like to see the share price jump more quickly, so let's just stick with what we have."
Or when they had the opportunity to present at the G8 conference in June, which I assume involved focusing on a different protocol and design, again taking up time and resources, should management have said, "Well, it would be nice to present to the G8, and maybe this will open up a whole new area of government interest, but that will add more time before the share price jumps, so let's pass on this one."
Obviously not.
As frustrating as these delays are, and believe me, I am with you on this, it is silly to think that after all that has been done to get us this far, Ed would just take his time to get to the next level, if he could do it more quickly.
My point was, there is no magic wand. If there were, it would have been used already.
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