HYD (ASX) and the latest news is

Originally posted by Charles89 ↑

"If PSY fails to materialize a single commercial deal of any value while burning thru their cash, it is no loss too him"

I'm not too sure if I agree with that... Yes, the owner of Hydrix (Mark) gets a $2m 'cash injection', but if PSY fails, and let's say SP drops down to next to nothing. Someone else can literally come and buy up PSY for a few million, which would include Hydrix in the purchase.

And IF that happens, the new owner of PSY could remove Mark from the board and other operations, while they run it (PSY or Hydrix or both) as a private company or strip all the clients/IP/products. Therefore, Mark would actually hope/want PSY to succeed, not to mention all the benefits that he will get.

Although another view could be that, it was a reverse take over, in which it wouldn't surprise me. Since Mark got a seat on the board, and Hydrix operates as normal, while our CEO is also involved with Hydrix.

In saying so, it may not be a bad thing, letting Hydrix - a competent cashflow positive business, have access to our IP, while having a client base that could utilise our IP. All of this while we are all part-owners of it and will benefit from it.

I think the whole picture isn't too clear at the moment, with future directions and how the PSY and Hydrix partnership will really work. But I think we are better off with Hydrix than no

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Originally posted by Charles89 ↑

And IF that happens, the new owner of PSY could remove Mark from the board and other operations, while they run it (PSY or Hydrix or both) as a private company or strip all the clients/IP/products. Therefore, Mark would actually hope/want PSY to succeed, not to mention all the benefits that he will get.

Although another view could be that, it was a reverse take over, in which it wouldn't surprise me. Since Mark got a sea

Originally posted by Charles89 ↑

"If PSY fails to materialize a single commercial deal of any value while burning thru their cash, it is no loss too him"

I'm not too sure if I agree with that... Yes, the owner of Hydrix (Mark) gets a $2m 'cash injection', but if PSY fails, and let's say SP drops down to next to nothing. Someone else can literally come and buy up PSY for a few million, which would include Hydrix in the purchase.

And IF that happens, the new owner of PSY could remove Mark from the board and other operations, while they run it (PSY or Hydrix or both) as a private company or strip all the clients/IP/products. Therefore, Mark would actually hope/want PSY to succeed, not to mention all the benefits that he will get.

Although another view could be that, it was a reverse take over, in which it wouldn't surprise me. Since Mark got a seat on the board, and Hydrix operates as normal, while our CEO is also involved with Hydrix.

In saying so, it may not be a bad thing, letting Hydrix - a competent cashflow positive business, have access to our IP, while having a client base that could utilise our IP. All of this while we are all part-owners of it and will benefit from it.

I think the whole picture isn't too clear at the moment, with future directions and how the PSY and Hydrix partnership will really work. But I think we are better off with Hydrix than not.

Expand

Expand

Hi Charles89
My point of view exactly, you explained it a lot better, that's what I was eluding too when I stated ( Not withstanding a scenario one can see from above ) like you stated, there are several scenarios
I think PSY will get there eventually and the grants that have been taken on board points out that PSY is capable being up there too participate, and like I said previously, Hydrix, i think will be the saviour that puts it all together for PSY
DYOR
Cheers too all

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(20min delay)
Last 1.1¢		Change -0.001(8.33%)		Mkt cap ! $2.796M

Open	High	Low	Value	Volume
1.2¢	1.2¢	1.1¢	$591	49.64K

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