With all due respect to all NUH contributors on this site, the...

With all due respect to all NUH contributors on this site, the company is a business first and technology developer second. It is a chicken and egg thing, one cannot exist without the other, but without an egg (a viable business model) there is nothing.

As investors, we need to be mindful not to switch these 2 around and get sucked into believing it is the tech driving that drives the share price. Good innovators regularly go broke, good businesses not so often.

Today's release should give us all confidence that our R &D and tech engineers are doing all they can to meet market needs and evolve with them. Of course it remains an unknown as to how much capital is needed to implement and execute the commercialisation of the tech.

At the end of the day, investors will price this company based on its ability to grow earnings not new technology.

Today's share price movement should not surprise any of us. The fundamental questions of unit sales and gross margins that existed last Wednesday, before the SP rise, remain just as unclear today. As does the company's cash burn rate.

In my view, until we get some of this financial info and some guidance on whether additional capital is required, we should celebrate the rise in price over the last few days as providing short term support of the SP. The next lift in support levels can really only accompany the next release of financial data. So we all need to be patient.

I am increasingly confident in management's ability of under promise and over deliver especially in the timing of product releases. This provides the necessary head room to get a product right, rather than get a product out. The 2 new products fall into that class.

In addition, I am amazed how existing owners of the hardware are able to enjoy ever increasing product features and enhancements vie firmware updates. This significantly reduces the ordinary downside of early adopters, protecting their investment and taking them with the company in terms of product development. It also incentivizes people to buy now rather than wait for the next release. a brilliant strategy for a start up, albeit at the price of replacement unit sales.

I dip my lid to all those who steer our ship and recommend passengers stay on board for the ride.

DYOR and GLTA.