Yes! That's right! And at no point did I say they did!
You're presenting something that was never said, and claim it's wrong.
Geez.
My point was and is:
But management laughed at the $1,
And here's the thing...
it didn't offer anything in terms of volume or analysis that would show they've done a meaningful business plan.
So far POC (or at least the management team that supports it) has been a black hole for money. This has gone on for many YEARS.
Fact that any analyst would agree with:
if you have a tech that works, you still need numbers to show it's economic. ADO needs serious revenue and FAST!
Obviously the questioner was thinking that we need to charge a substantial amount if volumes are low. How many POCs does one doctor need? A medical unit? This is not about individual patients. One POC can be used multiple times on multiple patients.
It's hard to avoid the conclusion that it's not going to be particularly lucrative.
Batteries is a far bigger market.
It's just that we haven't leaped over all the hurdles.
So it's all about maybes, could'ves, shoulddas etc.
In terms of scoffing at the suggestion by the questioner on the $1 and not giving any substantial information about business case, it shows sheer arrogance of a team that hasn't justified it's decisions and doesn't think that's necessary.
We're supposed to go: OH GREAT! A roadshow!
I'm calling bs on the entire POC story if they cannot get more serious about business plan. Including size of the market, number of POCs likely to be taken up and likely revenue streams.
But we got almost nothing. You cheer this on!
Next you'll be saying yet again, that it's totally necessary to have gone to the Roadshow before you can criticise.
If it's necessary to go to the Roadshow in person to get critical information otherwise not available to the market, something is wrong with the disclosure process.
I haven't got time to address all the slurs and issues you raise in your post.
It's up to the usual standards of attempting to shut down anything I say, including misconstruing and throwing out a range of things I'm supposed to respond to . Which you will ignore and repeat the same process.
It begs the question: Why are you so obsessed with my posts?
If what you constantly claim about the substance and quality of my posts is in fact true, something is wrong with your perspective. Why waste your time?
I think we both know that I and some others are onto quite a few things about ADO which you cannot allow to gain traction.
It's why your mate travelbug has pronounced ADO 'too risky'.
TOO RISKY!
That's from someone who was always posting about the upside. Until suddenly he didn't.
This is about financial reality. Not rainbows and unicorns via a Roadshow.
(20min delay)
