Every time I see a bunch of kids in formal attire at a restaurant, I turn green with envy. Oh, the memories.
Let me add my kudos for the transcription.
Obviously, somebody is taking JS and AMTX seriously or they would not be able to put these agreements in place. However, there may be a lot of troubled water to traverse in getting from early stage activity such as trials and intent to purchase to hard contracts to purchase in volume. Hmm, two too many tos in that last sentence.
Its also no trick to put together agreements involving royalties when no money flows unless the technology is used. In other words, some of the agreements may simply be a means for large firms to cover the bet while they are trying to figure out what is going to happen next. It would be very revealing to find out whether there is significant up-front money involved in their technology licenses.
JS has a real problem of minimizing his cash burn while putting an org. together capable of handling the expected business. And, no revenue from existing products to help offset the expenditures. I have a speculative stock in biotech, advanced tissue, with the same prob. but they are talking about their prob. and their plans with shareholders.
My fundamental point is that; if you can pose some question/s that will help us evaluate how deeply JS and his top mgrs are thinking about putting together the people and facilities to provide products and service, with a high level of professionalism, in a rapidly developing environment, we will be in a better position to evaluate how big our gamble is and whether we should bet the farm (or, in the case of a Snake River gal., the ranch).
I have been in two situations myself where growth of the business was explosive. I can say, from experience, that thinking about chaos theory and surviving in a chaotic environment are two different things.
It would be nice to see JS on CNBC.
Regards:
Cliff |
