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Seminole Red

03/23/14 3:58 PM

#49047 RE: Watts Watt #49045

sure is a lot different from selling a product you already have[hula hoop] verses selling a company to make there product from your alloy....
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iateclube

03/24/14 9:23 AM

#49076 RE: Watts Watt #49045

"I'd say a year before we get a prototype vetted by an interested party and then a year more for them to test it in their labs.
Two years minimum". I agree, and not just for a medical device. I don't see any major revenue over the next two year+. What then happens to the company? More dilution, that is certainly the track record. Predictably, reverse splits on top of that.
For longs, it is not a hill too far, the dilution is a mountain too high. We would be lucky to see a buyout at $1, but I don't know who would pay that much for the IP. Do the math folks, with this many shares, throw in the towel on a $10 stock at your current share count.