Welcome back Quiltman,
I can only think you are very close to the mark. Considering the comparative company sizes that gives them some protection going forward and an influence in the direction development takes. The majority of technical advances are made to meet market/customer needs, and this would secure that for MB.
Some good news is that the company has split the biotech and battery divisions, so equity can be released into the battery company only, leaving the rest of the business in our 100% ownership.
So, some speculation:
> How about $20M for a 20% stake in the battery entity, and all the attaching IP in escrow - just in case. Shares go to 5c and the options are definitely in play.
> MB then lock in ADO as the anode supplier with the design freeze. Shares go to 15c. MB have already paid for their investment.
> Vidcare get approval for the hyperthyroid test. Shares go to 25c.
> EV 2-7 - one of them commit to the Ultranode. Shares go to 50c.
After that, don't try and ring me, I'm on tour.......
Perhaps they will finally get there, but we have been disappointed before - a few times.
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