Some quotes from that interview that are worth posting for those that havent seen it :
MILESTONES FOR 2014
POC1 (Philips)
"Were advancing some NEAR TERM VALUE ACCRETIVE opportunities"
"We are currently working with a MAJOR HOUSEHOLD NAME on a License AND Supply agreement"
ALERE/BBI
"The extension of an agreement with a global lateral flow company" (This was already confirmed in the last quarterly with the project moving into scale up to production)
"We anticipate finishing our studies with them towards the middle of this year and we anticipate a successful conclusion where by we will be incorporated into their lateral flow point of care tests and WE WILL BE deriving REVENUES from that THROUGH THE SECOND HALF OF THIS YEAR"
Note : the use of words "WE WILL BE" in regards to REVENUES in the second half of this year - A fairly solid statement there.
Just as a side thought the use of wording VALUE ACCRETIVE - Would be used more in the value of an acquisition or corporate partnership of some type - Anyone thoughts?
ADO Price at posting:
22.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)