Hello,
Just wanted to add to Mikros report:
I was once again impressed by the fact, that Geoff takes his time for his shareholders, and tries to answer all the questions that arise as honest and frankly as possible. Of course there are restrictions, some things which are still unclear, or in confident negotiations, so sometimes you have to try with some reading between the lines.
The roundup for me was, that Ado is very well set to start in a bright future.
Some things are out of control of the company and sometimes you need a little bit of luck. But the chances have never been better,that ADO can become a cash-flow positive in the foreseeable future. After that the grade of success depends on soo many different variables, that it is hard to predict, where ADO will stand in 1-2-3 years.
For example, if (and until we see the ink under a treaty it remains an if) POC1 adopts Mix&Go,will it be for just 1 test, or for several ones ?
How will their device be seen by the market? A bestseller, or will it have to overcome some starting problems ?
Different outcomes in the above scenarios, for just this one possible client could mean all the difference for us as ADO shareholders.
So it is a great reassurance, that so many potential customers are out there and just one BIG could be enough to be a company maker.
Another point which gives me a calm sleep as an ADO shareholder, is the fact, that the Cash-burn will remain low, even if the revenues go up. I have witnessed something totally different with a lot of explorers and other biotech stocks, that couldn't wait to spend all the revenues as fast as possible for the sake of growth. With Mix & Go that won't happen, as the technology is already there and just needs some adjustments depending on the customer.
ADO can be happy to have Joe as their chief scientist, as Geoff stated, the start of a relationship with potential customers was not always just because of Mix& Go, but in some cases Joe just has the superior scientific approach, for a problem, which can work as a door opener and Mix & Go could later on work as the topping on the cake.
So to come to an end, i am very happy with my investment in ADO and although i think it may take some time to reach the point which i - and i guess many others ;-) - hope for, which is the billion dollar company, or the dollar sharepricewise, my personal impression is, we have a really good chance to reach that goal. Just give management and out scientist some time and a little luck, which always helps...
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