OK. You are assuming that something will eventuate from the consultancy. I get that.
However, equally, nothing could come from the consultancy either. That has to be taken into account.
With the C14 consultancy, I did notice that no time lines were given - eg: is the consultancy on-going? Can either party end the consultancy under a circumstance (C14 saying there is no interest, and the prospects are negligible for that to change). Is there a set time limit - say 3 or 6 months?
Also, what is the monthly cost for the consultancy - and can BIT continue to fund the consultancy for a lengthy period.
I know there are some that entertain the idea that The C14 deal is a magic bullet, but I don't believe that it is. It could well be the last bullet in the magazine as well.
One other question remains. What is the optimal time for the consultancy to have the potential of delivering deals? At some stage, most avenues will have been tried - and maybe there is a time that establishes whether success can be obtained. Maybe the first 3 months is critical for example.
BIT Price at posting:
1.8¢ Sentiment: Sell Disclosure: Not Held
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