I think if they are to get a "well done" for this MF, we need to know what they get in return. Shares (diluting what we have even further)? a share of profits? free unlimited use of the technology? I do not remember this being stated anywhere.
Based on me not being able to remember it being stated anywhere, as far as I am concerned this is purely another case of CCE being propped up by a research grant. This is not income, and if this basket case of a company ever gets up, may end up being a negative on the books.
Hence, I reserve my judgement on the deal.
Hell, I hope there are not concrete milestones or deliverables that would make CCE subject to litigation if they are not met!
CCE Price at posting:
2.0¢ Sentiment: Sell Disclosure: Held
