Good luck Bidder, but I suspect we'll have to wait for financials.
We've seen ROVC pop before, and the last news sure popped it back from a severely beaten down level, and I'm sure we'll see future pops as well.
Whatever it does short term, I consider it a good investment, with great potential.
From the website:
cinchlock.com
"There is a royalty income lead-time, due primarily to creating tooling for
and testing of the licensee's end product, with significant volume
(royalties) being reach within a few months. Licensing and exclusivity
fees are due upon completion of the agreement and payments for
critical components manufactured by ROVAC are due 30 days after
shipment, prior to incorporation into the licensee's end product.
For those with a very short time horizon, this lead-time could be
considered a negative. The investment advantage, of course, is that the
stock is presently priced so low. A positive longer-term view would be
that one is investing strategically early in the commercialization value
of the many patents the company holds. Needless to say, ROVAC is
pursuing additional companies in markets, applications and materials
not yet using CinchLock technology." |
