I agree with what your saying, just take a look at ESI today, down 35%. ESI were In talks for 18 months trying to sell their new tech but It fell through after everyone said It was a sure thing. OBJ and ESI are In different industries but the same scenario applies. OBJs new adviser said that all new techs have a 1.1% chance out of a 100 to make the grade.
P&G would be In talks with hundreds of companies like OBJ
Ann: P&G Progresses to Clinical Trials , page-260
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