I have heard this company present so many times and still can't get my head around the projections the holders are talking about. In my view this is one of the lousiest opportunities in the micro cap tech corner of the ASX.
There's nothing particularly special here. Their primary method of generating cash will be capital raises for some time yet.
Whenever a company ramps up a cornerstone deal and says it proves validation rather than revenue (which usually ends up disappointing the market in the medium term), you should be paying attention.
Forget validation, that's the side issue. The real issue is the deal sets the price of the product. Which potential customer wants to be the clown who pays 10x more than the customer before them?
Good luck all holders. Just my opinions, do own research.
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