AVE avecho biotechnology limited

capital raising expectations, page-18

  1. 242 Posts.
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    GC,
    Played a role in a small top end speaker company that listed on UK Aim. We had several license deals, one with a major Japanese company, contracting for purchase of 100000 units. Several licensing deals in the US. The systems was impressive enough to be sort after by George Lucas. Unfortunately, after several years the company was bought out and is now an oil company!
    Why the sorry tail, until evidence of significant cash flow is presented I will find it difficult to add to my position. A deal ain't a deal until money is in the bank.
    We all know the pohtential, like a rock sitting on the edge of a cliff....until someone pushes it just sits there..potential energy and all! Mind you when the poh rock shifts it will shake the world!
    Cheers
 
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