"Why is no one that interested?" Are you talking about the mining majors? Well that's simple - it's because they're in a different industry mate. Same answer if you're asking why the punting industry is not...... etc etc.
But the facts are, in the space or industry that MEM occupies, purely because FELIX (the science/device/tech) works, it has received unanimous, committed support and validation from every single KEY OPNION LEADER (KOLs - acronym, are industry experts just FYI - you clearly missed that - can happen to anyone though?) in every single country they've sent FELIX to.
No biggie. But probably a fluke that it just happened 100% of the time.
And I know you don't know what FELIX is, so please, before you start belittling my best mate's son, just accept, that like our company, you don't even know him.
PS - I definitely do NOT expect Twiggy to invest in our company. Bob Peters, however, who is in a related (less emotional - purely profit-driven) space is VERY, VERY interested. And invested.
"4 years - and only now it's going to Monash (a shareholder) to actually trial it" Wait, what? Did you say Monash are invested and partnering up? Who the fark are they? I didn't know that? Who are Monash again? Why would they be interested and invested? Are they a mining major? Are they leaders in the porn industry? WTF is going on here?
"Most small caps have a good idea - that's how they convinced people to invest in the first place. But the vast majority can't commercialize it and actually make money - so when they fail, the crafty ones change tact, invent some new bullshit idea to keep people keen, and raise more money".
Totally agree. This is very true. Not sure why you've posted it on this thread though mate? Oh hang - yes, I do. You're the guy that expects Twiggy to invest here. And knows nothing about our company. This is embarrassing.
7 years to make $11k - the $11k being a sale to a Chinese distributor - anyone else worried they'll simply test it, if it works then copy it and roll it out?? Not like these guys are afraid of litigation (which they know MEM can't afford) or patents.
This kills me. LOL - it wasn't even a commercial sale. Distributor? Just WOW. Read up brother. I honestly don't know how to respond to this without writing a farking essay. And I promised I'd stop doing that here.
Interesting point about China copying etc. Let me answer it in this way. This is not an iPhone charger Paddy. It's not a Nike rip off we're talking about. It's not one of those trending fidgets, or spinner thingos that my 7 year old is into one day cos all her mates are, then off 2 seconds later and onto the next thing. This is real stuff. Real life - serious stuff. It counts. And unsurprisingly, people actually really, really, really, give a fark.
This is people's lives Paddy. And they really care about them. Perhaps, a tiny, negligible part of the market which you are clearly a fan of might support and go with the Chinese copy in 2 years time after they finally develop it, but we will be off and gone by then in every other country and market in the world. And that is the worst case scenario.
Imagine if our Chinese partners are on our side - well fark me. Oh, LOL - I forgot about the unemotional livestock angle - that is almost purely about profit.
PS, I also buy from Aldi (German, so different - I get it, so don't pull me up on that mate). Some of their stuff is awesome. But this is not supermarket shopping Paddy. I'd not get brain surgery from them. I'm just saying.
MEM Price at posting:
9.7¢ Sentiment: Buy Disclosure: Held
(20min delay)