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12:48
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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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Well said I couldn't agree more. This tech works and I believe one day we'll be walking around coughing with our watches automatically telling us what's wrong what to do. But under this management getting this technology to market right now, and then in future for bigger and better things, sadly I no longer think RAP will be that company. Maybe another company.
