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leporello

12/20/10 11:54 AM

#16216 RE: waterdog451 #16215

I think we have to be realistic: if MZEI does not partner with a "big dog" then MZEI will be responsible for issues like servicing, warranties on equipment, distribution, sales, etc. I don't know how our small somewhat understaffed company could deal with all these matters without prior experience. A "big dog" almost certainly has this sort of expertise "in house" and would therefore be better equipped to handle these matters.
All this means is that our project has succeeded but we now need a partner to take us to the next level either via outright purchase, partial purchase (controlling share) or some combination of share purchase, royalty arrangement, etc.
We are no longer a gleam in someone's eye. We may be on the verge of being part of a real business.
Expertise is therefore essential from here on, IMO.

BenK

12/20/10 11:17 PM

#16236 RE: waterdog451 #16215

wd, I think most scenarios like the one you described would involve private companies, because that's the nature of the process - somebody has an idea, they work on it, make some mistakes, learn from them, get it right eventually, and then catch the attention of a "big dog" (or I suppose a waterdog), and then all of a sudden a star is born. All of the early stages are way under the radar.

The path of AsepticSure has been similar as far as development, but since we're a public company, all of the above has happened with the burden of regulatory scrutiny, and the understandable and legitimate expectations of shareholders to be informed and to comment and criticize. This has placed a tremendous pressure on management, that would not ususlly accompany this stage in a company's development.

If we would put this into perspective, I think a lot of the complaining about missteps and missed timelines that are normal for this stage would diminish.