It seems pretty apparent now that this business model will only succeed if a client makes a descovery resulting in a license, or decides they like the technology enough to buy the company. The funds being paid as milestones dont seem to cover the costs of the research required. How can they still be this far from cash sustainability this long after saying it would be achieved. They misled about that, they misled about the deals that would be done 2 years ago, they mislead about 2-3 deals a year, they mislead about investors doing due dilligence ready to invest. Have i missed anythung. Meanwhile Tony and Wayne continue analysing every word they write as if it were the bible looking for every positive outcome that could ever occur. If they are misleading everyone on the above major issues who cares what else they write really. If they are not misleading deliberately and believe everything they put out then that makes them either mindlessly optimistic or just clueless surely. Im still hanging in but i feel like a mug.
PYC Price at posting:
1.8¢ Sentiment: None Disclosure: Held
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