Twin, I take your point. Mixngo is a great technology and scientific results say so.
The product, the patents, the applications, it is why everyone here is invested. We have to believe this is a great product.
The results I'm talking about are the ones where we can see that this great product will be turned into revenue. We don't know what the results of this will be.
A result could be:
1) POC1 signs a brillliant deal with us to apply Mixngo to all handheld diagnostic equipment and revenue is $50 million a year.
2) POC1 requires an exclusive contract for Mixngo and only offers us $5mill a year.
3) POC1 pulls out and other companies question why and decide not to investigate further, applying a high risk factor to some sort of instability in the product.
Until we receive some assurance that revenue will come through a signing, Mixngo is probably a great product and nothing more. It's not a guaranteed great product because if it was, we would have a deal by now.
If nobody buys it, what's it's value?
PS: I'm not dissing AGO or mixngo, I want it to be successful but I'm a cautious investor.
ADO Price at posting:
13.0¢ Sentiment: None Disclosure: Held
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