I'm sad to say I agree - I waited until I'd had a nice meal and a glass of port before playing the webcast but at the end of it I have not increased my level of confidence that this has legs. It sounds very much like shareholders will be tapped again in the not too distant future to fund the anticipated partnering arrangements and other capital arrangements will bring further dilution. No sense of imminent cash flow at all as I heard it.
Pity - I think its probably a worthwhile product but either the commercialization or shareholder expectation setting have been tragically mishandled.
I'll keep the shares and options I have for now and maybe get some more at the next CR if it looks like we are closer to revenue (if it makes it that far).
Good luck to those of you who have spare funds you intend to commit - I hope the management can live up to your faith in them.
ALT Price at posting:
0.3¢ Sentiment: Hold Disclosure: Held
