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Originally posted by eason2946:
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Hi all,how is ResApp going to successfully commercialise its technologies to become a profitable company? Yes there are commercial deals in place and potentially more to come in the near future from Europe. But what exactly is the business model and how much is ResApp going to get from those deals? Since we're now in "revenue phase", how come SHs still don't know how much of the "$5-$10 per test" are we actually receiving. I'm also struggling to understand why is it so difficult for TK & Co to provide an estimate of revenue. Unless, even they don't know how much to expect which in that case, how can investors value the company?IMO the technology works and it still has potential . But unfortunately, the leadership group has no idea how to take it to the next level, generate revenue and create wealth for shareholders, to put it bluntly. I believe the only way to turn things around is to put a CEO who's able to negotiate and sign material deals quickly and TK to step down as technical advisor or a director.
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Totally understand your logic and have been close to selling myself. TK has been throwing a lot of mud and nothing has stuck yet. There is still hope the business will succeed, but I can't see it getting there without my holding being diluted. TK needs to pull a rabbit out of his hat. Too bad there isn't a keystone investor to push for a takeover of the board and executive.
