Whilst there has been some excitement lately around collaborations there has been nothing from company around new commercial IP agreements in spite of last 4 c stating that they were working on converting technical evaluations into IP sales and level of inquiry has never been so great.
IMO Press releases and the like do not make up for no new commercial IP agreements and revenue.
The only asxannouncements in past 12 months of value were the patents. Otherwise bugger all.
Not the end to the year I expected and certainly not the start to 2023 I wanted.
Whilst the tech downturn may have had some impact on timing it does seem that it's going to be a long road ahead. Also how many NDA's entities will now wait longer for the improved AKIDA model?
IMO the company is in need of a game changing ASX ann in respect of IP agreement with a large major and soon!
Let's hope so.
Ann: Capital Call Notice under agreement with LDA Capital, page-51
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